AMPH (Amphastar Pharmaceuticals) ROA %: 1.57% (As of Mar. 2026) — 79% Below Median


AMPH Amphastar Pharmaceuticals Inc AMPH
83 GF Score
Price $20.94
GF Value $48.78
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Amphastar Pharmaceuticals ROA %?

Amphastar Pharmaceuticals AMPH -0.38% 83 ROA % is 1.57% as of Mar. 2026, which is 79% below its 10-year median of 7.51. GuruFocus rates AMPH with a GF Score™ of 83/100 and a GF Value™ of $48.78 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,006 Drug Manufacturers companies, Amphastar Pharmaceuticals ranks better than 61.33% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Amphastar Pharmaceuticals's annualized Net Income for the quarter that ended in Mar. 2026 was $25.7 Mil. Amphastar Pharmaceuticals's average Total Assets over the quarter that ended in Mar. 2026 was $1,638.7 Mil. Therefore, Amphastar Pharmaceuticals's annualized ROA % for the quarter that ended in Mar. 2026 was 1.57%.

The historical rank and industry rank for Amphastar Pharmaceuticals's ROA % or its related term are showing as below:

AMPH' s ROA % Range Over the Past 10 Years
Min: -1.19   Med: 7.51   Max: 12.93
Current: 4.84

During the past 13 years, Amphastar Pharmaceuticals's highest ROA % was 12.93%. The lowest was -1.19%. And the median was 7.51%.

AMPH's ROA % is ranked better than
61.33% of 1006 companies
in the Drug Manufacturers industry
Industry Median: 2.685 vs AMPH: 4.84

Amphastar Pharmaceuticals  (NAS:AMPH) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=25.68/1638.7305
=(Net Income / Revenue)*(Revenue / Total Assets)
=(25.68 / 684.684)*(684.684 / 1638.7305)
=Net Margin %*Asset Turnover
=3.75 %*0.4178
=1.57 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Amphastar Pharmaceuticals ROA % Related Terms


Amphastar Pharmaceuticals ROA % Historical Data

* Premium members only.

The historical data trend for Amphastar Pharmaceuticals's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Amphastar Pharmaceuticals ROA % Chart

Amphastar Pharmaceuticals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.54 12.93 12.20 10.32 6.12

Amphastar Pharmaceuticals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.31 7.66 4.23 5.93 1.57

AMPH vs ETON, ESPR, BIOA: ROA % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Amphastar Pharmaceuticals's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Amphastar Pharmaceuticals ROA % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Amphastar Pharmaceuticals's ROA % distribution charts can be found below:

* The bar in red indicates where Amphastar Pharmaceuticals's ROA % falls into.


AMPH
83GF Score
Amphastar Pharmaceuticals Inc AMPH
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Amphastar Pharmaceuticals ROA % Calculation

Amphastar Pharmaceuticals's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=98.094/( (1577.47+1629.299)/ 2 )
=98.094/1603.3845
=6.12 %

Amphastar Pharmaceuticals's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=25.68/( (1629.299+1648.162)/ 2 )
=25.68/1638.7305
=1.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 1.57% mean?
Amphastar Pharmaceuticals (AMPH) has a ROA % of 1.57% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Amphastar Pharmaceuticals and its competitors. This is 79% below median its historical median of 7.51. According to the industry distribution chart, Amphastar Pharmaceuticals ranks #389 out of 1006 companies in the Drug Manufacturers industry, placing it in the top 38.7%.
Is Amphastar Pharmaceuticals' ROA % too high?
Amphastar Pharmaceuticals' current ROA % of 1.57% is 79% below median its 10-year median of 7.51. The Drug Manufacturers industry median ROA % is 2.69. Amphastar Pharmaceuticals' value of 1.57% is 41.5% below this industry median. Based on the distribution chart, Amphastar Pharmaceuticals ranks #389 out of 1006 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Amphastar Pharmaceuticals has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Amphastar Pharmaceuticals' ROA % compare to ETON and ESPR?
According to the Drug Manufacturers industry distribution chart, Amphastar Pharmaceuticals ranks #389 out of 1006 companies for ROA %. This puts Amphastar Pharmaceuticals in the upper half of its industry. The industry median ROA % is 2.69. Amphastar Pharmaceuticals' value of 1.57% is 41.5% below this benchmark. While the company's 10-year median is 7.51 vs. the industry median of 2.69, Amphastar Pharmaceuticals has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Drug Manufacturers company?
The median ROA % among Drug Manufacturers companies is 2.69, based on 1,006 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Amphastar Pharmaceuticals's current ROA % of 1.57% is 41.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Amphastar Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median ROA % is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amphastar Pharmaceuticals's current ROA % is 1.57%, which is 79% below median its own 10-year median of 7.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amphastar Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Amphastar Pharmaceuticals (AMPH) is currently considered Significantly Undervalued. The stock's GF Value™ is $48.78, compared to a current price of $20.94 — trading 57.1% below its estimated fair value. The current ROA % is 1.57%, which is 79% below median its 10-year median of 7.51 and 41.5% below the Drug Manufacturers industry median of 2.69. Amphastar Pharmaceuticals' overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Amphastar Pharmaceuticals (AMPH), the current ROA % is 1.57% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Amphastar Pharmaceuticals (AMPH) Overvalued in 2026?

Based on GuruFocus' analysis, Amphastar Pharmaceuticals stock appears to be undervalued. The current stock price of $20.94 is trading 57.1% below its estimated GF Value™ of $48.78. GuruFocus considers Amphastar Pharmaceuticals to be Significantly Undervalued.

Key valuation signals for AMPH:

  • ROA %: 1.57% (79% below median its 10-year median of 7.51)
  • GF Value™: $48.78 vs. price of $20.94 (57.1% below fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 41.5% below the Drug Manufacturers median (#389 of 1006)

No single metric tells the full story. See the AMPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amphastar Pharmaceuticals Business Description

Other Exchanges 29A:Germany
Address 11570 6th Street, Rancho Cucamonga, CA, USA, 91730
Amphastar Pharmaceuticals Inc is a bio-pharmaceutical company focusing on developing, manufacturing, marketing, and selling technically challenging generic and proprietary injectable, inhalation, and intranasal products, as well as insulin active pharmaceutical ingredient (or insulin API products. The company's finished products are used in hospital or urgent care clinical settings and are contracted and distributed through group purchasing organizations and drug wholesalers. The company has one reportable segment: pharmaceutical products. Geographically, the business presence of the firm is seen in the United States, China, and France, of which the U.S. accounts for the majority of the revenue.
83GF Score

Get the complete analysis for AMPH

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$20.94
Price
$48.78
GF Value