AbbVie (ABBV) Tax Rate (2012 - 2026)

AbbVie (ABBV) posted quarterly Tax Rate of 32.92% for Q1 2026, up 1052.0% YoY from 2.86% in Q1 2025, and up 2.95% sequentially from 31.97% in Q4 2025.

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

AbbVie has disclosed Tax Rate across 15 years of filings, most recently posting 32.92% for Q1 2026.

  • In Q1 2026, Tax Rate rose 1052.0% year-over-year to 32.92%; the TTM figure through Mar 2026 stood at 39.06% (up 5510.0% YoY), while the FY2025 annual figure was 35.83%, up 5117.0% from the prior year.
  • Tax Rate improved to 32.92% in Q1 2026, from 31.97% in the prior quarter.
  • Over the last five years, Tax Rate for ABBV reached as high as 120.42% in Q1 2023 and fell as low as 8.81% in Q3 2023.
  • The 5-year median for Tax Rate is 24.95% (2024), against an average of 36.65%.
  • Annual changes were most pronounced in 2023 — Tax Rate jumped 11158 bps — and 2024, when it tumbled 9860 bps.
  • 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 sank by 68 bps to 31.97% in 2025, then climbed by 3 bps to 32.92% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 32.92%, 31.97%, and 73.67% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 16.43%
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 12.60%
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn 32.92%
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn 78.72%
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn -20.26%
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 12.72%
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 21.67%
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn 14.54%
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn 15.41%

Historic Data

Download Data
DateValue
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