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| 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 |