AbbVie ABBV
NYSE ABBV
$264.55 +1.28 (+0.49%)
As of: Sep 30, 2026 · 9:37 AM EDT

AbbVie (ABBV) Tax Rate (2012 - 2026)

Updated

AbbVie (ABBV) recorded Tax Rate of 15.47% in Q2 2026, down 23.97 percentage points from 39.45% a year earlier and down 17.44 percentage points from the prior quarter.

Analysis

AbbVie (ABBV) Tax Rate (2012 - 2026) Analysis & Trends

On a TTM basis, AbbVie's Tax Rate came in at 27.39% as of Jun 30, 2026, up 51.85 percentage points year-over-year; for FY2025, it was 35.83%, up 51.17 percentage points from FY2024.

  • Annual Tax Rate has a five-year change of +71.86 percentage points (FY2020 to FY2025).
  • Across earlier years, Tax Rate came in at -15.34% in FY2024 (-37.37 pp), 22.03% in FY2023 (+9.92 pp), 12.11% in FY2022 (+1.02 pp) and 11.09% in FY2021 (+47.11 pp).
  • The Q2 2026 figure is the lowest quarterly Tax Rate since Q3 2023.
  • On a year-over-year basis, Tax Rate rose in six of the last eight quarters, with an average year-over-year change of +6.92 percentage points.
  • Peak year-over-year performance for Tax Rate in the last five years was a gain of 111.58 percentage points in Q1 2023, against a drop of 98.60 percentage points in Q1 2024 at the low end.
  • Per Business Quant, the preceding three quarters came in at 32.92% (Q1 2026), 31.97% (Q4 2025) and 73.67% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Johnson & Johnson 655.56 Bn 574.09 Bn 17.26 Bn 17.98%
2 AbbVie 470.94 Bn 444.10 Bn 12.70 Bn 15.47%
3 Merck 367.14 Bn 321.57 Bn 12.21 Bn -
4 Novartis Ag 280.33 Bn 236.20 Bn 11.24 Bn -
5 Astrazeneca 257.78 Bn 231.34 Bn 12.86 Bn -
6 Amgen 226.04 Bn 181.44 Bn 7.24 Bn 14.20%
7 Gilead Sciences 188.89 Bn 163.01 Bn 6.22 Bn -
8 Pfizer 163.75 Bn 110.70 Bn 10.94 Bn -
9 Vertex Pharmaceuticals 133.68 Bn 105.69 Bn 2.84 Bn 20.98%
10 Bristol Myers Squibb 130.49 Bn 81.76 Bn 9.25 Bn 18.84%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 15.47%
Mar 31, 2026 32.92%
Dec 31, 2025 31.97%
Sep 30, 2025 73.67%
Jun 30, 2025 39.45%
Mar 31, 2025 22.40%
Sep 30, 2024 24.95%
Jun 30, 2024 36.02%
Mar 31, 2024 21.82%
Dec 31, 2023 32.01%
Sep 30, 2023 8.81%
Jun 30, 2023 22.34%
Dec 31, 2022 16.63%
Sep 30, 2022 10.18%
Jun 30, 2022 21.56%
Mar 31, 2022 8.85%
Dec 31, 2021 5.29%
Sep 30, 2021 13.77%
Jun 30, 2021 33.88%
Mar 31, 2021 8.07%
API Access

AbbVie Tax Rate API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=tax-rate&ticker=ABBV&period=max&api_key=YOUR_API_KEY