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Stock Comparison · Industry comparison · Drug Manufacturers - General

Amgen vs Johnson & Johnson: Which Stock Looks Stronger in 2026?

Amgen holds the cleaner structural position, with profitability as the main driver and stability adding further support. Johnson & Johnson still has the edge on stability, which keeps the comparison from looking entirely one-sided. In the market, Johnson & Johnson carries the stronger setup — intact trend against Amgen's broken trend. That leaves a split case: the structural lead stays with Amgen, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-05-17

Most of the lead runs through profitability, while growth acts as a real counterweight.

INDUSTRY COMPARISON

Both operate in: Drug Manufacturers - General

This comparison is based on industry proximity, not on functional trajectory similarity. AMGN and JNJ share the same industry classification.

For a similarity-based comparison, see how Amgen and Johnson & Johnson each position within their functional peer groups in AssetNext.

Peer-Relative Score
AMGN
Amgen Inc.
64
Peer-Score
Signal qualityMedium
Peer basis: S&P 500
vs
JNJ
Johnson & Johnson
57
Peer-Score
Signal qualitylow
Peer basis: S&P 500

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: AMGN vs JNJ Profitability 79 49 Stability 64 91 Valuation 73 61 Growth 27 29 AMGN JNJ
Gap Ranking
#1 Profitability +30
#2 Stability +27
#3 Valuation +12
#4 Growth +2
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for AMGN and JNJ Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer AMGNJNJ Relative valuation Structural strength

Amgen Inc. and Johnson & Johnson look relatively close on structure, but the price setup still leans toward Amgen Inc..

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where AMGN and JNJ each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY AMGN Elevated · near norm 0th 50th 100th 3 pct gap JNJ Elevated · near norm 0th 50th 100th 92nd 95th
AMGN (92nd percentile) and JNJ (95th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
Both rank well on profitability, but Amgen Inc. still holds a clear edge.
Stability
On stability, the same pattern holds: both are strong, but Johnson & Johnson still leads clearly.
Profitability — Dominant Gap
AMGN
79
JNJ
49
Gap+30in favour of AMGN

The profitability lead is mainly driven by a 6.4-point operating margin advantage.

What keeps the gap from being one-sided

Stability still tilts materially toward Johnson & Johnson, which stops the result from looking dominant across the whole profile.

What this means for the comparison

Profitability gives Amgen Inc. the clearer edge, even though stability and the price setup keep the overall picture from looking clean.

Explore full peer positioning in AssetNext

Break down the AMGN vs JNJ comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how AMGN and JNJ each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.