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About

Amneal Pharmaceuticals, Inc., a global biopharmaceutical company, develops, manufactures, markets, and distributes generics, injectables, biosimilars, and specialty branded pharmaceutical products in the United States, India, Ireland, and internationally. The company operates through three segments: Affordable Medicines, Specialty, and AvKARE. The Affordable Medicines segment offers dosage forms and delivery systems, which include immediate and extended-release oral solids, powders, liquids, sterile injectables, nasal sprays, inhalation and respiratory products, biosimilar products, ophthalmics, films, transdermal patches, and topicals. The Specialty segment develops, promotes, sells, and distributes pharmaceutical products with a focus on central nervous system and endocrine disorders, including Parkinson's disease. This segment provides Rytary, an oral capsule formulation of carbidopa-levodopa to treat Parkinson's disease, post-encephalitic parkinsonism, and parkinsonism; Unithroid and ONGENTYS for the treatment of hypothyroidism; and CREXONT, which is use for the treatment of Parkinson's disease. The AvKARE segment offers pharmaceuticals, medical and surgical products, and services primarily to governmental agencies, the Department of Defense, and the Department of Veterans Affairs. This segment also distributes bottle and unit dose pharmaceuticals under the AvKARE and AvPAK names; and packages and distributes pharmaceuticals and vitamins to its retail and institutional customers. It sells its products through wholesalers, distributors, retail pharmacies, managed care organizations, purchasing co-ops, hospitals, government agencies, institutions, and pharmaceutical companies. The company was formerly known as Atlas Holdings, Inc. and changed its name to Amneal Pharmaceuticals, Inc. in 2018. Amneal Pharmaceuticals, Inc. was founded in 2002 and is headquartered in Bridgewater, New Jersey.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Drug Manufacturers - Spe Market Cap 4.26B
Enterprise Value 6.65B Income 72.06M Sales 3.02B
Book/sh -0.23 Cash/sh 0.91 Dividend Yield —
Payout 0.00% Employees 8700 IPO —
P/E 61.50 Forward P/E 11.58 PEG —
P/S 1.41 P/B -60.13 P/C —
EV/EBITDA 10.32 EV/Sales 2.20 Quick Ratio 1.39
Current Ratio 2.17 Debt/Eq 45095.52 LT Debt/Eq —
EPS (ttm) 0.22 EPS next Y 1.17 EPS Growth —
Revenue Growth 11.50% Earnings 2026-05-01 ROA 7.32%
ROE — ROIC — Gross Margin 37.38%
Oper. Margin 14.06% Profit Margin 2.39% Shs Outstand 314.63M
Shs Float 176.95M Short Float 5.23% Short Ratio 2.95
Short Interest — 52W High 15.42 52W Low 6.68
Beta 1.30 Avg Volume 2.53M Volume 770.85K
Target Price $16.80 Recom Buy Prev Close $13.25
Price $13.53 Change 2.11%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$16.80
Mean price target
2. Current target
$13.53
Latest analyst target
3. DCF / Fair value
$11.27
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$13.53
Low
$15.00
High
$18.00
Mean
$16.80

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-02 main Truist Securities Buy → Buy $17
2025-12-09 init Barclays — → Overweight $15
2025-10-31 reit Piper Sandler Overweight → Overweight $13
2025-09-16 main JP Morgan Overweight → Overweight $14
2025-03-03 main Barclays Overweight → Overweight $11
2025-02-24 up JP Morgan Neutral → Overweight $12
2024-11-11 main Piper Sandler Overweight → Overweight $11
2024-10-02 main Truist Securities Buy → Buy $12
2024-09-06 up JP Morgan Underweight → Neutral $9
2024-08-13 main Barclays Overweight → Overweight $10
2024-08-12 main Truist Securities Buy → Buy $10
2024-05-06 main Goldman Sachs Buy → Buy $8
2024-05-06 reit Truist Securities Buy → Buy $9
2024-03-21 main Piper Sandler Overweight → Overweight $8
2024-03-04 main Goldman Sachs Buy → Buy $6
2024-01-29 main Barclays Overweight → Overweight $8
2023-11-08 main Truist Securities Buy → Buy $7
2023-09-06 reit Truist Securities Buy → Buy $6
2023-08-07 main Piper Sandler Overweight → Overweight $5
2023-08-07 main Truist Securities Buy → Buy $6
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 548953 — — BOYER ANDREW S Officer — 2026-03-04 00:00:00 D nan
1 886468 — — PATEL CHIRAG K Chief Executive Officer — 2026-03-04 00:00:00 D nan
2 508499 — — SHAH NIKITA Officer — 2026-03-04 00:00:00 D nan
3 886468 — — PATEL CHINTU Chief Executive Officer — 2026-03-04 00:00:00 D nan
4 426819 — — DALY JASON B. Officer — 2026-03-04 00:00:00 D nan
5 633865 — — KONIDARIS TASOS Chief Financial Officer — 2026-03-04 00:00:00 D nan
6 50000 — Sale at price 11.72 per share. NARK THEODORE C. Director — 2025-11-17 00:00:00 D 586000.0
7 131856 — Conversion of Exercise of derivative security at price 2.75 per share. SHAH NIKITA Officer — 2025-11-12 00:00:00 D 362604.0
8 131856 — Sale at price 11.92 per share. SHAH NIKITA Officer — 2025-11-12 00:00:00 D 1571724.0
9 32000 — Sale at price 9.23 per share. KIELY JOHN J. Director — 2025-08-27 00:00:00 D 295360.0
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems-224.45K-32.88M-7.52M-62.34M
TaxRateForCalcs0.080.210.210.21
NormalizedEBITDA606.64M596.35M435.58M447.27M
TotalUnusualItems-2.77M-156.57M-35.83M-296.85M
TotalUnusualItemsExcludingGoodwill-2.77M-156.57M-35.83M-296.85M
NetIncomeFromContinuingOperationNetMinorityInterest72.06M-116.89M-83.99M-129.99M
ReconciledDepreciation223.57M236.19M229.40M240.18M
ReconciledCostOfRevenue1.91B1.77B1.57B1.43B
EBITDA603.87M439.77M399.76M150.43M
EBIT380.30M203.58M170.36M-89.75M
NetInterestIncome-272.46M-258.60M-251.43M-158.67M
InterestExpense241.09M258.60M210.63M158.38M
NormalizedIncome74.60M6.81M-55.69M104.52M
NetIncomeFromContinuingAndDiscontinuedOperation72.06M-116.89M-83.99M-129.99M
TotalExpenses2.62B2.45B2.15B2.02B
TotalOperatingIncomeAsReported394.10M249.33M204.37M-94.93M
DilutedAverageShares308.98M176.14M150.94M151.82M
BasicAverageShares308.98M176.14M150.94M148.92M
DilutedEPS-0.38-0.48-0.860.07
BasicEPS-0.38-0.48-0.860.07
DilutedNIAvailtoComStockholders72.06M-116.89M-83.99M-129.99M
NetIncomeCommonStockholders72.06M-116.89M-83.99M-129.99M
NetIncome72.06M-116.89M-83.99M-129.99M
MinorityInterests-55.88M-43.01M-35.27M124.80M
NetIncomeIncludingNoncontrollingInterests127.93M-73.88M-48.72M-254.79M
NetIncomeContinuousOperations127.93M-73.88M-48.72M-254.79M
TaxProvision11.28M18.86M8.45M6.66M
PretaxIncome139.21M-55.01M-40.27M-248.13M
OtherIncomeExpense13.75M-144.79M-27.58M-278.38M
OtherNonOperatingIncomeExpenses16.52M11.78M8.24M18.46M
SpecialIncomeCharges-10.41M-149.73M-37.50M-284.48M
GainOnSaleOfBusiness0.000.00
OtherSpecialCharges6.20M147.37M35.75M281.62M
RestructuringAndMergernAcquisition4.21M2.35M1.75M2.86M
GainOnSaleOfSecurity7.63M-6.85M1.67M-12.36M
NetNonOperatingInterestIncomeExpense-272.46M-258.60M-251.43M-158.67M
TotalOtherFinanceCost31.36M40.80M291.00K
InterestExpenseNonOperating241.09M258.60M210.63M158.38M
OperatingIncome397.91M348.37M238.75M188.92M
OperatingExpense715.39M672.07M581.82M595.79M
OtherOperatingExpenses-5.24M-930.00K-15.63M-3.96M
OtherTaxes50.68M3.12M631.00K
ResearchAndDevelopment193.81M196.56M167.78M200.05M
SellingGeneralAndAdministration526.83M476.44M429.68M399.70M
GrossProfit1.11B1.02B820.57M784.71M
CostOfRevenue1.91B1.77B1.57B1.43B
TotalRevenue3.02B2.79B2.39B2.21B
OperatingRevenue3.02B2.79B2.39B2.21B
Line Item2025-12-312024-12-312023-12-312022-12-31
OrdinarySharesNumber314.56M309.88M306.56M151.49M
ShareIssued314.56M309.88M306.56M151.49M
NetDebt2.29B2.38B2.55B2.70B
TotalDebt2.69B2.59B2.75B2.85B
TangibleBookValue-1.23B-1.44B-1.47B-1.40B
InvestedCapital2.50B2.38B2.66B3.02B
WorkingCapital1.03B458.04M531.27M659.02M
NetTangibleAssets-1.23B-1.44B-1.47B-1.40B
CapitalLeaseObligations117.17M107.14M109.95M123.49M
CommonStockEquity-70.79M-109.27M19.78M298.42M
TotalCapitalization2.49B2.05B2.45B2.93B
TotalEquityGrossMinorityInterest-71.33M-109.51M20.01M183.98M
MinorityInterest-535.00K-245.00K230.00K-114.44M
StockholdersEquity-70.79M-109.27M19.78M298.42M
GainsLossesNotAffectingRetainedEarnings-110.73M-65.51M-32.35M9.94M
OtherEquityAdjustments-110.73M-65.51M-32.35M9.94M
RetainedEarnings-535.00M-607.06M-490.18M-406.18M
AdditionalPaidInCapital571.79M560.21M539.24M691.63M
CapitalStock3.15M3.10M3.07M3.04M
CommonStock3.15M3.10M3.07M3.04M
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest3.75B3.61B3.45B3.62B
TotalNonCurrentLiabilitiesNetMinorityInterest2.87B2.48B2.61B2.86B
OtherNonCurrentLiabilities92.73M94.05M8.21M70.17M
PreferredSecuritiesOutsideStockEquity77.29M64.97M41.29M24.95M
DerivativeProductLiabilities0.0011.47M
EmployeeBenefits11.35M17.12M21.28M16.74M
DuetoRelatedPartiesNonCurrent19.13M50.90M11.78M9.65M
TradeandOtherPayablesNonCurrent0.001.25M497.00K563.00K
LongTermDebtAndCapitalLeaseObligation2.67B2.25B2.52B2.74B
LongTermCapitalLeaseObligation102.36M91.09M95.45M108.81M
LongTermDebt2.57B2.16B2.43B2.63B
CurrentLiabilities881.63M1.13B846.60M752.80M
OtherCurrentLiabilities43.26M31.75M76.99M107.48M
CurrentDebtAndCapitalLeaseObligation21.58M340.25M227.62M104.64M
CurrentCapitalLeaseObligation14.81M16.04M14.50M14.68M
CurrentDebt6.76M324.21M213.12M89.96M
OtherCurrentBorrowings6.76M224.21M34.12M29.96M
LineOfCredit0.00100.00M179.00M60.00M
PensionandOtherPostRetirementBenefitPlansCurrent79.89M72.96M71.12M54.04M
PayablesAndAccruedExpenses736.91M684.80M470.86M486.64M
CurrentAccruedExpenses426.76M403.80M309.74M307.95M
InterestPayable18.66M1.58M
Payables310.16M281.00M161.12M178.69M
OtherPayable10.23M10.23M10.23M10.23M
DuetoRelatedPartiesCurrent55.48M22.31M7.32M2.48M
TotalTaxPayable359.00K2.52M
AccountsPayable254.67M258.69M143.57M165.98M
TotalAssets3.68B3.50B3.47B3.80B
TotalNonCurrentAssets1.77B1.91B2.09B2.39B
OtherNonCurrentAssets9.30M5.28M7.13M8.19M
NonCurrentPrepaidAssets37.55M16.11M6.88M7.23M
NonCurrentDeferredAssets5.20M2.82M4.43M2.21M
FinancialAssets5.76M35.92M37.09M85.59M
GoodwillAndOtherIntangibleAssets1.16B1.33B1.49B1.69B
OtherIntangibleAssets563.50M732.38M890.42M1.10B
Goodwill595.47M597.44M598.63M598.85M
NetPPE550.33M523.69M550.14M589.36M
AccumulatedDepreciation-606.17M-563.52M-508.03M-445.97M
GrossPPE1.16B1.09B1.06B1.04B
Leases133.83M130.91M126.46M124.67M
ConstructionInProgress92.91M78.20M67.67M69.34M
OtherProperties107.38M98.78M102.56M119.55M
MachineryFurnitureEquipment568.09M546.56M524.61M485.44M
BuildingsAndImprovements234.60M224.66M227.84M225.63M
LandAndImprovements19.69M8.11M9.02M10.71M
Properties0.000.000.000.00
CurrentAssets1.91B1.59B1.38B1.41B
RestrictedCash28.84M7.87M7.57M9.25M
PrepaidAssets54.13M48.37M51.71M48.95M
Inventory606.30M612.45M581.38M530.74M
FinishedGoods323.49M351.92M304.08M247.61M
WorkInProcess55.45M52.84M59.56M58.52M
RawMaterials227.35M207.70M217.74M224.61M
Receivables939.87M808.56M645.66M796.91M
OtherReceivables25.60M15.52M17.80M41.74M
DuefromRelatedPartiesCurrent470.00K484.00K955.00K500.00K
TaxesReceivable18.66M16.83M13.17M12.88M
AccountsReceivable895.14M775.73M613.73M741.79M
AllowanceForDoubtfulAccountsReceivable-845.18M-528.06M-586.25M-603.17M
GrossAccountsReceivable1.74B1.30B1.20B1.34B
CashCashEquivalentsAndShortTermInvestments282.03M110.55M91.54M25.98M
CashAndCashEquivalents282.03M110.55M91.54M25.98M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow225.63M220.11M276.39M-25.50M
RepaymentOfDebt-2.81B-233.12M-414.08M-123.27M
IssuanceOfDebt2.91B48.00M436.73M85.00M
CapitalExpenditure-114.36M-74.99M-69.19M-90.59M
InterestPaidSupplementalData197.85M263.52M192.81M142.72M
IncomeTaxPaidSupplementalData21.33M15.22M2.50M12.65M
EndCashPosition312.94M118.42M99.11M35.23M
BeginningCashPosition118.42M99.11M35.23M256.74M
EffectOfExchangeRateChanges-1.68M-999.00K65.00K-5.68M
ChangesInCash196.20M20.31M63.81M-215.83M
FinancingCashFlow-31.53M-211.79M-212.57M-106.62M
CashFlowFromContinuingFinancingActivities-31.53M-211.79M-212.57M-106.62M
NetOtherFinancingCharges-134.73M-27.83M-235.68M-69.01M
ProceedsFromStockOptionExercised1.96M1.15M451.00K662.00K
NetIssuancePaymentsOfDebt101.24M-185.12M22.65M-38.27M
NetShortTermDebtIssuance-2.59B-140.92M-195.08M85.00M
ShortTermDebtPayments-2.81B-188.92M-414.08M
ShortTermDebtIssuance218.00M48.00M219.00M85.00M
NetLongTermDebtIssuance2.69B-44.20M217.73M-123.27M
LongTermDebtPayments0.00-44.20M0.00-123.27M
LongTermDebtIssuance2.69B0.00217.73M0.00
InvestingCashFlow-112.26M-63.00M-69.19M-174.31M
CashFlowFromContinuingInvestingActivities-112.26M-63.00M-69.19M-174.31M
NetOtherInvestingChanges1.00M5.00M
NetBusinessPurchaseAndSale0.0011.99M0.00-84.71M
SaleOfBusiness0.0011.99M0.000.00
PurchaseOfBusiness0.000.00-84.71M-146.54M
NetIntangiblesPurchaseAndSale-15.51M-14.65M-22.39M-41.80M
PurchaseOfIntangibles-15.51M-14.65M-22.39M-41.80M
NetPPEPurchaseAndSale-96.75M-60.34M-46.80M-48.80M
SaleOfPPE2.09M0.000.00
PurchaseOfPPE-98.84M-60.34M-46.80M-48.80M
OperatingCashFlow339.99M295.10M345.58M65.10M
CashFlowFromContinuingOperatingActivities339.99M295.10M345.58M65.10M
ChangeInWorkingCapital-204.52M-4.07M-47.19M-59.95M
ChangeInPayablesAndAccruedExpense22.25M289.58M-84.62M111.64M
ChangeInPayable22.25M289.58M-84.62M111.64M
ChangeInAccountPayable21.32M235.13M-94.45M109.57M
ChangeInPrepaidAssets-19.16M-959.00K37.81M9.88M
ChangeInInventory-87.03M-130.53M-126.18M-102.40M
ChangeInReceivables-120.58M-162.16M125.80M-79.07M
ChangesInAccountReceivables-120.57M-162.64M126.29M-79.72M
OtherNonCashItems59.76M4.42M44.41M17.45M
StockBasedCompensation31.95M27.77M26.82M31.85M
ProvisionandWriteOffofAssets85.96M96.56M74.69M51.10M
AssetImpairmentCharge22.78M920.00K66.93M24.08M
DeferredTax0.00
DeferredIncomeTax0.00
DepreciationAmortizationDepletion223.57M236.19M229.40M240.18M
DepreciationAndAmortization223.57M236.19M229.40M240.18M
AmortizationCashFlow163.20M172.06M172.70M
AmortizationOfIntangibles163.20M172.06M172.70M
Depreciation66.20M68.11M60.70M
OperatingGainsLosses-7.45M7.19M-768.00K15.19M
NetForeignCurrencyExchangeGainLoss-7.45M7.19M-768.00K15.19M
GainLossOnSaleOfPPE5.15M
GainLossOnSaleOfBusiness0.000.00
NetIncomeFromContinuingOperations127.93M-73.88M-48.72M-254.79M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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