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Common-Size Income Statement
Amgen Inc., Common-Size Consolidated Income Statement
|Operating income||The net result for the period of deducting operating expenses from operating revenues.||Amgen Inc.’s operating income as a percentage of product sales increased from 2016 to 2017 but then slightly declined from 2017 to 2018.|
|Income before income taxes||Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.||Amgen Inc.’s income before income taxes as a percentage of product sales increased from 2016 to 2017 but then slightly declined from 2017 to 2018 not reaching 2016 level.|
|Net income||The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.||Amgen Inc.’s net income as a percentage of product sales declined from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.|