AbbVie (ABBV) Tax Rate (2012 - 2026)
AbbVie (ABBV) reported Tax Rate of 32.92% for Q1 2026, up 1052.0% year-over-year from 2.86% in Q1 2025, and up 2.95% quarter-over-quarter from 31.97% in Q4 2025.
AbbVie (ABBV) Tax Rate (2012 - 2026) Analysis & Trends
AbbVie (ABBV) has 15 years of Tax Rate data on file, last reported at 32.92% in Q1 2026.
- Tax Rate for Q1 2026 came in at 32.92%, up 1052.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 39.06% (up 5510.0% YoY), and the FY2025 annual result was 35.83%, up 5117.0% from the prior year.
- Tax Rate advanced to 32.92% in Q1 2026 per ABBV's latest filing, from 31.97% in the prior quarter.
- Over five years, Tax Rate peaked at 120.42% in Q1 2023 and troughed at 8.81% in Q3 2023.
- A 5-year average of 36.65% and a median of 24.95% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 11158 bps in 2023, then sank 9860 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 16.63% in 2022, then soared by 93 bps to 32.01% in 2023, then soared by 209 bps to 98.99% in 2024, then tumbled by 68 bps to 31.97% in 2025, then climbed by 3 bps to 32.92% in 2026.
- Business Quant data shows ABBV's Tax Rate at 32.92% in Q1 2026, 31.97% in Q4 2025, and 73.67% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 92,316,836.42 Bn | 92,316,831.46 Bn | 7.76 Bn | -14.23 |
| 2 | Eli Lilly | 983.57 Bn | 978.29 Bn | 16.22 Bn | 16.43 |
| 3 | Johnson & Johnson | 553.56 Bn | 531.50 Bn | 15.96 Bn | 12.60 |
| 4 | AbbVie | 383.35 Bn | 374.00 Bn | 10.78 Bn | 32.92 |
| 5 | Merck | 281.71 Bn | 276.06 Bn | 12.09 Bn | -20.26 |
| 6 | Amgen | 182.20 Bn | 170.16 Bn | 5.87 Bn | 12.72 |
| 7 | Gilead Sciences | 153.71 Bn | 145.98 Bn | 5.52 Bn | 21.67 |
| 8 | Pfizer | 143.75 Bn | 130.98 Bn | -1.21 Bn | 14.54 |
| 9 | Bristol Myers Squibb | 109.71 Bn | 99.25 Bn | 8.07 Bn | 17.31 |
| 10 | Novartis Ag | 108.28 Bn | 107.60 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.92% |
| Mar 31, 2026 | 32.92% |
| Dec 31, 2025 | 31.97% |
| Dec 31, 2025 | 31.97% |
| Sep 30, 2025 | 73.67% |
| Sep 30, 2025 | 73.67% |
| Jun 30, 2025 | 39.45% |
| Jun 30, 2025 | 39.45% |
| Mar 31, 2025 | 22.40% |
| Mar 31, 2025 | 22.40% |
| Dec 31, 2024 | 98.99% |
| Dec 31, 2024 | 98.99% |
| Sep 30, 2024 | 24.95% |
| Sep 30, 2024 | 24.95% |
| Jun 30, 2024 | 36.02% |
| Jun 30, 2024 | 36.02% |
| Mar 31, 2024 | 21.82% |
| Mar 31, 2024 | 21.82% |
| Dec 31, 2023 | 32.01% |
| Dec 31, 2023 | 32.01% |