Amgen (AMGN) Tax Rate (2009 - 2026)
Amgen (AMGN) posted Tax Rate of 14.2% for Q2 2026, up 11.66% on a QoQ basis from 12.72% in Q1 2026, and up 552.0% year-over-year from 2.18% in Q2 2025.
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Amgen (AMGN) Tax Rate (2009 - 2026) Analysis & Trends
Amgen has reported Tax Rate for 18 years, with the latest figure at 14.2% in Q2 2026.
- On a quarterly basis, Tax Rate rose 552.0% year-over-year to 14.2% in Q2 2026; TTM through Jun 2026 was 15.01%, a 417.0% increase from a year earlier, with the FY2025 full-year figure at 14.09%, up 283.0% from the prior year.
- Tax Rate was 14.2% for Q2 2026 at Amgen, up from 12.72% in the prior quarter.
- The five-year high for Tax Rate was 19.82% in Q4 2024, with the low at 66.18% in Q1 2024.
- Average Tax Rate over 5 years is 7.96%, with a median of 11.92% recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Tax Rate sank 8364 bps in 2024, then jumped 7849 bps in 2025.
- Over 5 years, Tax Rate stood at 7.55% in 2022, then soared by 32 bps to 9.98% in 2023, then surged by 99 bps to 19.82% in 2024, then slumped by 40 bps to 11.96% in 2025, then rose by 19 bps to 14.2% in 2026.
- The last three Tax Rate figures came in at 14.2% (Q2 2026), 12.72% (Q1 2026), and 11.96% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.44 Bn | 192.45 Bn | 7.24 Bn | 14.20% |
| 2 | Gilead Sciences | 179.97 Bn | 176.79 Bn | 6.22 Bn | -2.36% |
| 3 | Vertex Pharmaceuticals | 130.57 Bn | 122.72 Bn | 2.84 Bn | 20.98% |
| 4 | Regeneron Pharmaceuticals | 81.63 Bn | 73.63 Bn | 3.93 Bn | 15.11% |
| 5 | Argenx Se | 60.34 Bn | 55.16 Bn | 1.37 Bn | -10.89% |
| 6 | Moderna | 54.37 Bn | 49.23 Bn | 52.00 Mn | -1.96% |
| 7 | Alnylam Pharmaceuticals | 33.07 Bn | 29.76 Bn | 992.69 Mn | 7.49% |
| 8 | Biogen | 31.84 Bn | 30.55 Bn | 1.96 Bn | 26.36% |
| 9 | Roivant Sciences | 29.49 Bn | 29.49 Bn | 1.16 Mn | 1.34% |
| 10 | Insmed | 27.67 Bn | 26.51 Bn | 358.27 Mn | -16.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.20% |
| Mar 31, 2026 | 12.72% |
| Dec 31, 2025 | 11.96% |
| Sep 30, 2025 | 17.98% |
| Jun 30, 2025 | 8.67% |
| Mar 31, 2025 | 12.32% |
| Dec 31, 2024 | 19.82% |
| Sep 30, 2024 | 8.74% |
| Jun 30, 2024 | 6.05% |
| Mar 31, 2024 | -66.18% |
| Dec 31, 2023 | 9.98% |
| Sep 30, 2023 | 11.15% |
| Jun 30, 2023 | 14.56% |
| Mar 31, 2023 | 17.46% |
| Dec 31, 2022 | 7.55% |
| Sep 30, 2022 | 10.41% |
| Jun 30, 2022 | 13.98% |
| Mar 31, 2022 | 11.88% |
| Dec 31, 2021 | 10.89% |
| Sep 30, 2021 | 12.58% |