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Amphastar Pharmaceuticals, Inc., a bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France. It offers BAQSIMI, a dry nasal spray used in an emergency for the treatment of severe hypoglycemia; Primatene MIST, an epinephrine inhalation product for the temporary relief of mild symptoms of intermittent asthma; Glucagon for injection emergency kit; Enoxaparin, an injectable form of low molecular weight heparin for the prevention and treatment of deep vein thrombosis; and REXTOVY and Naloxone for opioid overdose. The company also provides Cortrosyn, a lyophilized power for use as a diagnostic agent in the screening of patients with adrenocortical insufficiency; Amphadase, a bovine-sourced hyaluronidase injection; Epinephrine injection for allergic reactions; Lidocaine jelly, an anesthetic product for urological procedures; Lidocaine topical solution for various procedures; Phytonadione injection, a vitamin K1 injection for newborn babies; and emergency syringe products, including atropine, calcium chloride, dextrose, epinephrine, lidocaine, and sodium bicarbonate. In addition, it offers Albuterol sulfate inhalation aerosol for the treatment or prevention of bronchospasm; Iron sucrose injection, an iron replacement product for the treatment of iron deficiency anemia in patients with chronic kidney disease; Teriparatide injection for managing daily osteoporosis therapy; and Ipratropium Bromide HFA inhalation aerosol, an anticholinergic indicated for the maintenance treatment of bronchospasm associated with chronic obstructive pulmonary disease. Further, the company provides active pharmaceutical ingredient (API) products, such as Recombinant Human Insulin and porcine insulin API. The company was founded in 1996 and is headquartered in Rancho Cucamonga, California.
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Amphastar Pharmaceuticals, Inc. develops, manufactures and sells injectable, inhalation and other specialty generic products, primarily for the U.S. market. Long-term growth drivers include approvals of additional complex generic and inhalation products, scale in contract manufacturing and steady demand for lower-cost injectable therapies; investors may find the company attractive for its focused manufacturing capabilities and potential to diversify revenue through new approvals and contract work.
Material risks include regulatory and manufacturing compliance, reliance on a small number of products, pricing pressure in the generic market and potential litigation or reimbursement headwinds.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 123.62M | 189.19M | 171.36M | 116.04M | 84.14M |
| Minority interest | - | - | 0.00M | 0.00M | 1.19M |
| Net income | 98.09M | 159.52M | 137.54M | 91.39M | 62.12M |
| Selling general administrative | 85.92M | 56.72M | 51.54M | 45.06M | 51.43M |
| Selling and marketing expenses | 43.88M | 37.80M | 28.85M | 21.53M | 17.49M |
| Gross profit | 356.06M | 373.86M | 351.12M | 248.86M | 199.74M |
| Reconciled depreciation | 63.20M | 57.20M | 35.78M | 28.74M | 26.75M |
| Ebit | - | 220.11M | 198.52M | 78.76M | 85.02M |
| Ebitda | 149.10M | 277.31M | 240.29M | 107.50M | 111.78M |
| Depreciation and amortization | - | 57.20M | 41.78M | 28.74M | 26.75M |
| Non operating income net other | - | - | - | 9.21M | 14.93M |
| Operating income | 140.40M | 205.42M | 196.99M | 78.76M | 43.13M |
| Other operating expenses | 579.48M | 526.55M | 447.41M | 391.49M | 367.88M |
| Interest expense | 25.48M | 30.34M | 27.16M | 1.85M | 0.89M |
| Tax provision | 25.53M | 29.67M | 34.45M | 23.48M | 20.63M |
| Interest income | 8.68M | 10.61M | 3.74M | 1.32M | 0.60M |
| Net interest income | -16.80M | -19.73M | -14.49M | -0.53M | -0.28M |
| Income tax expense | 25.53M | 29.67M | 31.83M | 23.48M | 20.63M |
| Total revenue | 719.89M | 731.97M | 644.39M | 498.99M | 437.77M |
| Total operating expenses | 215.65M | 168.44M | 154.13M | 141.36M | 129.85M |
| Cost of revenue | 363.83M | 358.11M | 293.27M | 250.13M | 238.03M |
| Total other income expense net | -16.78M | -16.23M | -25.63M | 8.54M | 14.25M |
| Net income from continuing ops | 98.09M | 159.52M | 135.29M | 91.39M | 63.51M |
| Net income applicable to common shares | - | - | - | 91.39M | 62.12M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 1629.30M | 1577.47M | 1512.91M | 741.99M | 671.53M |
| Intangible assets | 562.56M | 587.61M | 610.08M | 34.17M | 35.56M |
| Other current assets | 32.75M | 20.65M | 9.58M | 7.56M | 7.27M |
| Total liab | 840.49M | 845.17M | 873.49M | 213.33M | 226.01M |
| Total stockholder equity | 788.80M | 732.30M | 639.42M | 528.66M | 445.52M |
| Deferred long term liab | - | - | - | - | 0.53M |
| Other current liab | 98.83M | 126.54M | 194.02M | 4.57M | 9.08M |
| Common stock | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M |
| Capital stock | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M |
| Retained earnings | 666.88M | 568.79M | 409.27M | 271.72M | 180.34M |
| Other liab | - | - | - | 21.93M | 22.72M |
| Good will | 3.40M | 3.05M | 3.22M | 3.13M | 3.31M |
| Other assets | - | - | - | 59.38M | 39.06M |
| Cash | 170.18M | 151.61M | 144.53M | 156.10M | 126.35M |
| Total current liabilities | 158.16M | 173.76M | 225.41M | 94.86M | 103.81M |
| Current deferred revenue | - | - | 1.61M | - | - |
| Net debt | 485.82M | 498.94M | 479.11M | -53.52M | -21.69M |
| Short term debt | 9.57M | 7.04M | 4.34M | 6.05M | 5.18M |
| Short long term debt | 1.64M | 0.23M | 0.44M | 3.05M | 2.20M |
| Short long term debt total | 656.00M | 650.55M | 623.64M | 102.58M | 104.66M |
| Other stockholder equity | 127.23M | 172.69M | 238.62M | 265.55M | 271.94M |
| Property plant equipment | - | - | - | 238.27M | 244.24M |
| Total current assets | 636.02M | 534.07M | 489.60M | 378.32M | 318.12M |
| Long term investments | 0.00M | 11.00M | 15.21M | 2.41M | 3.98M |
| Net tangible assets | - | - | - | 491.36M | 406.65M |
| Short term investments | 112.64M | 70.04M | 114.71M | 19.66M | 10.32M |
| Net receivables | 143.56M | 138.04M | 114.94M | 88.97M | 78.93M |
| Long term debt | 608.75M | 601.63M | 589.58M | 72.84M | 74.78M |
| Inventory | 176.89M | 153.74M | 105.83M | 103.58M | 92.81M |
| Accounts payable | 32.59M | 30.51M | 25.44M | 84.24M | 89.55M |
| Accumulated other comprehensive income | -5.31M | -9.18M | -8.48M | -8.62M | -6.76M |
| Common stock total equity | - | - | - | 0.01M | 0.01M |
| Retained earnings total equity | - | - | - | 271.72M | 180.34M |
| Treasury stock | - | - | - | -189.52M | -150.48M |
| Non currrent assets other | 31.14M | 25.99M | 25.91M | 20.86M | 16.66M |
| Non current assets total | 993.28M | 1043.40M | 1023.31M | 363.67M | 353.41M |
| Capital lease obligations | 45.61M | 48.69M | 33.63M | 26.70M | 27.68M |
| Long term debt total | - | - | - | 72.84M | 74.78M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -28.84M | -124.93M | -546.30M | -7.79M | 1.40M |
| Change to liabilities | - | - | - | -0.74M | 3.02M |
| Total cashflows from investing activities | -70.33M | -124.93M | - | -32.78M | -28.67M |
| Net borrowings | 5.99M | 10.17M | - | -2.19M | 30.36M |
| Total cash from financing activities | -67.42M | -80.95M | 454.09M | -26.44M | -37.02M |
| Change to operating activities | - | - | - | -5.01M | 0.37M |
| Net income | 98.09M | 159.52M | 137.54M | 91.39M | 63.30M |
| Change in cash | 18.57M | 7.31M | -11.80M | 29.75M | 32.08M |
| Begin period cash flow | 151.84M | 144.53M | 156.33M | 126.59M | 94.51M |
| End period cash flow | 170.41M | 151.84M | 144.53M | 156.33M | 126.59M |
| Total cash from operating activities | 156.12M | 213.39M | 183.50M | 89.18M | 97.99M |
| Depreciation | 63.20M | 57.20M | 41.78M | 28.74M | 26.75M |
| Other cashflows from investing activities | -6.61M | -4.12M | 1.39M | -1.37M | -2.61M |
| Dividends paid | - | - | 454.09M | 15.66M | 15.93M |
| Change to inventory | -21.06M | -48.80M | -1.72M | -11.75M | 1.26M |
| Change to account receivables | -6.37M | -21.67M | -26.09M | -10.13M | -14.92M |
| Sale purchase of stock | -75.59M | -85.46M | -58.14M | -39.91M | -28.87M |
| Other cashflows from financing activities | - | -5.67M | -14.11M | 15.25M | -40.24M |
| Change to netincome | - | - | - | 2.73M | 8.04M |
| Capital expenditures | 34.88M | 41.04M | 38.17M | 24.03M | 27.46M |
| Change receivables | - | - | - | -10.13M | -14.92M |
| Cash flows other operating | - | - | - | -7.56M | 13.81M |
| Cash and cash equivalents changes | - | - | - | 29.96M | 32.30M |
| Change in working capital | -65.97M | -14.55M | -24.21M | -32.18M | -1.92M |
| Stock based compensation | 27.28M | 24.37M | 20.24M | 17.86M | 18.69M |
| Other non cash items | 5.89M | 4.71M | 21.89M | -0.88M | -13.03M |
| Free cash flow | 121.23M | 172.34M | 145.34M | 65.15M | 70.54M |
Sector: Healthcare Industry: Drug Manufacturers - Specialty & Generic
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| AMPH Amphastar P |
0.07 0.24% |
28.67 | 11.29 | - | 1.44 | 1.29 | 1.94 | 6.57 |
| MKKGY Merck KGaA ADR |
-0.74 2.19% |
33.06 | 21.25 | 14.93 | 3.10 | 2.14 | 3.60 | 12.98 |
| MKGAF MERCK Kommanditgesellschaft auf Aktien |
- -% |
170.05 | 24.86 | 15.11 | 3.13 | 1.98 | 3.08 | 18.89 |
| TAK Takeda Pharmaceutical Co Ltd ADR |
0.34 1.66% |
21.18 | - | 10.96 | 0.01 | 1.20 | 2.94 | 23.11 |
| TKPHF Takeda Pharmaceutical Co. Ltd. |
- -% |
41.72 | - | 10.66 | 0.01 | 1.16 | 2.94 | 23.11 |
Amphastar Pharmaceuticals, Inc., a bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France. It offers BAQSIMI, a dry nasal spray used in an emergency for the treatment of severe hypoglycemia; Primatene MIST, an epinephrine inhalation product for the temporary relief of mild symptoms of intermittent asthma; Glucagon for injection emergency kit; Enoxaparin, an injectable form of low molecular weight heparin for the prevention and treatment of deep vein thrombosis; and REXTOVY and Naloxone for opioid overdose. The company also provides Cortrosyn, a lyophilized power for use as a diagnostic agent in the screening of patients with adrenocortical insufficiency; Amphadase, a bovine-sourced hyaluronidase injection; Epinephrine injection for allergic reactions; Lidocaine jelly, an anesthetic product for urological procedures; Lidocaine topical solution for various procedures; Phytonadione injection, a vitamin K1 injection for newborn babies; and emergency syringe products, including atropine, calcium chloride, dextrose, epinephrine, lidocaine, and sodium bicarbonate. In addition, it offers Albuterol sulfate inhalation aerosol for the treatment or prevention of bronchospasm; Iron sucrose injection, an iron replacement product for the treatment of iron deficiency anemia in patients with chronic kidney disease; Teriparatide injection for managing daily osteoporosis therapy; and Ipratropium Bromide HFA inhalation aerosol, an anticholinergic indicated for the maintenance treatment of bronchospasm associated with chronic obstructive pulmonary disease. Further, the company provides active pharmaceutical ingredient (API) products, such as Recombinant Human Insulin and porcine insulin API. The company was founded in 1996 and is headquartered in Rancho Cucamonga, California.
11570 6th Street, Rancho Cucamonga, CA, United States, 91730
909 980 9484
1976
| Name | Title | Year Born |
|---|---|---|
| Dr. Ziping Luo Ph.D. | Chairman, Chief Scientist & COO | 1950 |
| Dr. Yongfeng Zhang Ph.D. | Co-Founder, Pres, CEO, Chief Scientific Officer & Director | 1947 |
| Mr. William J. Peters M.B.A. | CFO, Exec. VP of Fin., Treasurer & Director | 1968 |
| Mr. Jacob Liawatidewi M.B.A. | Exec. VP of Sales, Marketing & Corp. Admin. Center, Corp. Sec. and Director | 1974 |
| Mr. Rong Zhou M.S. | Exec. VP of Production Center | 1959 |
| Dan Dischner M.B.A. | VP of HR & Corp. Communication | NA |
| Tony Marrs M.B.A., M.P.H. | Sr. VP of Regulatory Affairs & Clinical Operations | NA |
| Mr. Peter Langosh | VP of Operational Improvement and VP of Internal Audit | 1953 |
| Dr. Ziping Luo Ph.D. | Chairman of the Board, Chief Scientist & COO | 1950 |
| Dr. Yongfeng Zhang Ph.D. | Co-Founder, President, CEO, Chief Scientific Officer & Director | 1947 |
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