Amgen (AMGN) Tax Rate (2009 - 2026)

Amgen (AMGN) recorded quarterly Tax Rate of 12.72% in Q1 2026, up 6.36% quarter-over-quarter from 11.96% in Q4 2025, and up 40.0% on a YoY basis from 9.08% in Q1 2025.

Amgen (AMGN) Tax Rate (2009 - 2026) Analysis & Trends

Amgen's Tax Rate history runs 18 years deep, the most recent figure standing at 12.72% for Q1 2026.

  • In Q1 2026, Tax Rate rose 40.0% year-over-year to 12.72%; the TTM figure through Mar 2026 stood at 14.16% (up 338.0% YoY), while the FY2025 annual figure was 14.09%, up 283.0% from the prior year.
  • Tax Rate was 12.72% for Q1 2026 at Amgen, up from 11.96% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 19.82% in Q4 2024 to a low of 66.18% in Q1 2024.
  • Historically, Tax Rate has averaged 7.59% across 5 years, with a median of 11.88% in 2022.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate slumped 8364 bps in 2024, then soared 7849 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 7.55% in 2022, then surged by 32 bps to 9.98% in 2023, then jumped by 99 bps to 19.82% in 2024, then tumbled by 40 bps to 11.96% in 2025, then increased 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 Gsk 92,316,836.42 Bn 92,316,831.46 Bn 7.76 Bn -14.23
2 Eli Lilly 983.57 Bn 978.29 Bn 16.22 Bn 16.43
3 Johnson & Johnson 553.56 Bn 531.50 Bn 15.96 Bn 12.60
4 AbbVie 383.35 Bn 374.00 Bn 10.78 Bn 32.92
5 Merck 281.71 Bn 276.06 Bn 12.09 Bn -20.26
6 Amgen 182.20 Bn 170.16 Bn 5.87 Bn 12.72
7 Gilead Sciences 153.71 Bn 145.98 Bn 5.52 Bn 21.67
8 Pfizer 143.75 Bn 130.98 Bn -1.21 Bn 14.54
9 Bristol Myers Squibb 109.71 Bn 99.25 Bn 8.07 Bn 17.31
10 Novartis Ag 108.28 Bn 107.60 Bn - -

Historic Data

Download Data
DateValue
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%