Amgen (AMGN) Tax Rate (2009 - 2026)
Amgen's quarterly Tax Rate came in at 12.72% in Q1 2026, up 40.0% year-on-year from 9.08% in Q1 2025, and up 6.36% quarter-over-quarter from 11.96% in Q4 2025.
Amgen has reported Tax Rate for 18 years, with the latest figure at 12.72% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 40.0% year-over-year to 12.72%; the trailing twelve-month figure through Mar 2026 stood at 14.16% (up 338.0% YoY), and the FY2025 full-year result was 14.09%, up 283.0% from the prior year.
- Tax Rate for Q1 2026 stood at 12.72%, up from 11.96% 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 7.59%, with a median of 11.88% recorded in 2022.
- Year-over-year, Tax Rate slumped 8364 bps in 2024 and surged 7849 bps in 2025.
- Tracing AMGN's Tax Rate over 5 years: 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 6 bps to 12.72% in 2026.
- The last three Tax Rate figures came in at 12.72% (Q1 2026), 11.96% (Q4 2025), and 17.98% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Novartis Ag | 107,124,802.25 Bn | 107,124,802.25 Bn | - | - |
| 2 | Eli Lilly | 969.00 Bn | 963.72 Bn | 16.22 Bn | 16.43 |
| 3 | Johnson & Johnson | 539.46 Bn | 517.41 Bn | 15.96 Bn | 12.60 |
| 4 | AbbVie | 376.92 Bn | 367.57 Bn | 10.78 Bn | 32.92 |
| 5 | Merck | 285.00 Bn | 279.35 Bn | 12.09 Bn | -20.26 |
| 6 | Amgen | 177.58 Bn | 165.55 Bn | 5.87 Bn | 12.72 |
| 7 | Gilead Sciences | 163.22 Bn | 155.50 Bn | 5.52 Bn | 21.67 |
| 8 | Pfizer | 145.86 Bn | 133.09 Bn | -1.21 Bn | 14.54 |
| 9 | Bristol Myers Squibb | 111.90 Bn | 101.44 Bn | 8.07 Bn | 17.31 |
| 10 | Gsk | 88.34 Bn | 83.66 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.72 |
| Mar 31, 2026 | 12.72 |
| Dec 31, 2025 | 11.96 |
| Dec 31, 2025 | 11.96 |
| Sep 30, 2025 | 17.98 |
| Sep 30, 2025 | 17.98 |
| Jun 30, 2025 | 8.67 |
| Jun 30, 2025 | 8.67 |
| Mar 31, 2025 | 12.32 |
| Mar 31, 2025 | 12.32 |
| Dec 31, 2024 | 19.82 |
| Dec 31, 2024 | 19.82 |
| Sep 30, 2024 | 8.74 |
| Sep 30, 2024 | 8.74 |
| Jun 30, 2024 | 6.05 |
| Jun 30, 2024 | 6.05 |
| Mar 31, 2024 | -66.18 |
| Mar 31, 2024 | -66.18 |
| Dec 31, 2023 | 9.98 |
| Dec 31, 2023 | 9.98 |
| Sep 30, 2023 | 11.15 |
| Sep 30, 2023 | 11.15 |
| Jun 30, 2023 | 14.56 |
| Jun 30, 2023 | 14.56 |
| Mar 31, 2023 | 17.46 |
| Mar 31, 2023 | 17.46 |
| Dec 31, 2022 | 7.55 |
| Dec 31, 2022 | 7.55 |
| Sep 30, 2022 | 10.41 |
| Sep 30, 2022 | 10.41 |
| Jun 30, 2022 | 13.98 |
| Jun 30, 2022 | 13.98 |
| Mar 31, 2022 | 11.88 |
| Mar 31, 2022 | 11.88 |
| Dec 31, 2021 | 10.89 |
| Dec 31, 2021 | 10.89 |
| Sep 30, 2021 | 12.58 |
| Sep 30, 2021 | 12.58 |
| Jun 30, 2021 | 16.85 |
| Jun 30, 2021 | 16.85 |
| Mar 31, 2021 | 11.36 |
| Mar 31, 2021 | 11.36 |
| Dec 31, 2020 | 13.96 |
| Dec 31, 2020 | 13.96 |
| Sep 30, 2020 | 8.39 |
| Sep 30, 2020 | 8.39 |
| Jun 30, 2020 | 11.18 |
| Jun 30, 2020 | 11.18 |
| Mar 31, 2020 | 9.65 |
| Mar 31, 2020 | 9.65 |
| Dec 31, 2019 | 14.12 |
| Dec 31, 2019 | 14.12 |
| Sep 30, 2019 | 13.57 |
| Sep 30, 2019 | 13.57 |
| Jun 30, 2019 | 15.02 |
| Jun 30, 2019 | 15.02 |
| Mar 31, 2019 | 13.92 |
| Mar 31, 2019 | 13.92 |
| Dec 31, 2018 | 11.76 |
| Dec 31, 2018 | 11.76 |
| Sep 30, 2018 | 11.22 |
| Sep 30, 2018 | 11.22 |
| Jun 30, 2018 | 13.26 |
| Jun 30, 2018 | 13.26 |
| Mar 31, 2018 | 11.76 |
| Mar 31, 2018 | 11.76 |
| Dec 31, 2017 | 292.59 |
| Dec 31, 2017 | 292.59 |
| Sep 30, 2017 | 15.12 |
| Sep 30, 2017 | 15.12 |
| Jun 30, 2017 | 15.38 |
| Jun 30, 2017 | 15.38 |
| Mar 31, 2017 | 15.81 |
| Mar 31, 2017 | 15.81 |
| Dec 31, 2016 | 15.24 |
| Dec 31, 2016 | 15.24 |
| Sep 30, 2016 | 16.58 |
| Sep 30, 2016 | 16.58 |
| Jun 30, 2016 | 15.15 |
| Jun 30, 2016 | 15.15 |
| Mar 31, 2016 | 15.85 |
| Mar 31, 2016 | 15.85 |
| Dec 31, 2015 | 5.91 |
| Dec 31, 2015 | 5.91 |
| Sep 30, 2015 | 15.01 |
| Sep 30, 2015 | 15.01 |
| Jun 30, 2015 | 17.23 |
| Jun 30, 2015 | 17.23 |
| Mar 31, 2015 | 13.49 |
| Mar 31, 2015 | 13.49 |
| Dec 31, 2014 | -0.62 |
| Dec 31, 2014 | -0.62 |
| Sep 30, 2014 | 6.96 |
| Sep 30, 2014 | 6.96 |
| Jun 30, 2014 | 12.00 |
| Jun 30, 2014 | 12.00 |
| Mar 31, 2014 | 10.88 |
| Mar 31, 2014 | 10.88 |
| Dec 31, 2013 | -0.69 |
| Dec 31, 2013 | -0.69 |
| Sep 30, 2013 | 8.98 |
| Sep 30, 2013 | 8.98 |
| Jun 30, 2013 | 10.46 |
| Jun 30, 2013 | 10.46 |
| Mar 31, 2013 | -6.78 |
| Mar 31, 2013 | -6.78 |
| Dec 31, 2012 | 14.63 |
| Dec 31, 2012 | 14.63 |
| Sep 30, 2012 | 12.35 |
| Sep 30, 2012 | 12.35 |
| Jun 30, 2012 | 13.11 |
| Jun 30, 2012 | 13.11 |
| Mar 31, 2012 | 13.32 |
| Mar 31, 2012 | 13.32 |
| Dec 31, 2011 | 11.13 |
| Dec 31, 2011 | 11.13 |
| Jun 30, 2011 | 12.62 |
| Jun 30, 2011 | 12.62 |
| Mar 31, 2011 | 13.86 |
| Mar 31, 2011 | 13.86 |
| Dec 31, 2010 | -2.30 |
| Dec 31, 2010 | -2.30 |
| Sep 30, 2010 | 13.81 |
| Sep 30, 2010 | 13.81 |
| Jun 30, 2010 | 17.90 |
| Jun 30, 2010 | 17.90 |
| Mar 31, 2010 | 17.82 |
| Mar 31, 2010 | 17.82 |
| Dec 31, 2009 | 13.40 |
| Dec 31, 2009 | 13.40 |
| Sep 30, 2009 | 10.00 |
| Sep 30, 2009 | 10.00 |
| Jun 30, 2009 | 6.48 |
| Jun 30, 2009 | 6.48 |
| Mar 31, 2009 | 17.29 |
| Mar 31, 2009 | 17.29 |