AbbVie (ABBV) Tax Rate (2012 - 2026)
AbbVie (ABBV) posted quarterly 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 reported Tax Rate for 15 consecutive years, with 32.92% the latest figure, recorded in 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 rose to 32.92% in Q1 2026 per ABBV's latest filing, from 31.97% in the prior quarter.
- Across five years, Tax Rate topped out at 120.42% in Q1 2023 and bottomed at 8.81% in Q3 2023.
- Historically, Tax Rate has averaged 36.65% across 5 years, with a median of 24.95% in 2024.
- Annual changes were most pronounced in 2023 — Tax Rate jumped 11158 bps — and 2024, when it sank 9860 bps.
- AbbVie's Tax Rate stood at 16.63% in 2022, then jumped by 93 bps to 32.01% in 2023, then jumped by 209 bps to 98.99% in 2024, then plunged by 68 bps to 31.97% in 2025, then grew 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 | Johnson & Johnson | 645.88 Bn | 625.12 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 463.46 Bn | 456.89 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 367.92 Bn | 360.78 Bn | 12.21 Bn | -95.75% |
| 4 | Novartis Ag | 297.71 Bn | 290.02 Bn | 11.24 Bn | 23.71% |
| 5 | Astrazeneca | 255.55 Bn | 250.65 Bn | 12.86 Bn | 10.40% |
| 6 | Amgen | 234.52 Bn | 220.53 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 178.22 Bn | 175.04 Bn | 6.22 Bn | -2.36% |
| 8 | Pfizer | 158.57 Bn | 146.88 Bn | 10.94 Bn | 62.33% |
| 9 | Gsk | 105.32 Bn | 101.15 Bn | 8.24 Bn | 56.21% |
| 10 | Sanofi | 54.20 Bn | 46.82 Bn | 10.79 Bn | -3.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.47% |
| Jun 30, 2026 | 15.47% |
| Jun 30, 2026 | 15.47% |
| Mar 31, 2026 | 32.92% |
| Mar 31, 2026 | 32.92% |
| Mar 31, 2026 | 32.92% |
| Dec 31, 2025 | 31.97% |
| Dec 31, 2025 | 31.97% |
| Dec 31, 2025 | 31.97% |
| Sep 30, 2025 | 73.67% |
| Sep 30, 2025 | 73.67% |
| Sep 30, 2025 | 73.67% |
| Jun 30, 2025 | 39.45% |
| Jun 30, 2025 | 39.45% |
| Jun 30, 2025 | 39.45% |
| Mar 31, 2025 | 22.40% |
| Mar 31, 2025 | 22.40% |
| Mar 31, 2025 | 22.40% |
| Dec 31, 2024 | 98.99% |
| Dec 31, 2024 | 98.99% |