Amgen (AMGN) Tax Rate (2009 - 2026)
Amgen (AMGN) posted quarterly Tax Rate of 12.72% for Q1 2026, up 40.0% year-over-year from 9.08% in Q1 2025, and up 6.36% quarter-over-quarter from 11.96% in Q4 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 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.
- The 5-year median for Tax Rate is 11.88% (2022), against an average of 7.59%.
- The sharpest annual moves came in 2024 and 2025: Tax Rate sank 8364 bps in 2024, then surged 7849 bps in 2025.
- Amgen's Tax Rate stood at 7.55% in 2022, then jumped by 32 bps to 9.98% in 2023, then soared by 99 bps to 19.82% in 2024, then slumped by 40 bps to 11.96% in 2025, then grew by 6 bps to 12.72% in 2026.
- Business Quant data shows AMGN's Tax Rate at 12.72% in Q1 2026, 11.96% in Q4 2025, and 17.98% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 652.20 Bn | 631.44 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 469.51 Bn | 462.94 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 376.81 Bn | 369.67 Bn | 12.21 Bn | -95.75% |
| 4 | Novartis Ag | 303.04 Bn | 295.35 Bn | 11.24 Bn | 23.71% |
| 5 | Astrazeneca | 257.61 Bn | 252.71 Bn | 12.86 Bn | 10.40% |
| 6 | Amgen | 237.37 Bn | 223.38 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 181.73 Bn | 178.55 Bn | 6.22 Bn | -2.36% |
| 8 | Pfizer | 159.66 Bn | 147.96 Bn | 10.94 Bn | 62.33% |
| 9 | Gsk | 106.24 Bn | 102.07 Bn | 8.24 Bn | 56.21% |
| 10 | Sanofi | 55.07 Bn | 47.69 Bn | 10.79 Bn | -3.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.20% |
| Jun 30, 2026 | 14.20% |
| Jun 30, 2026 | 14.20% |
| Mar 31, 2026 | 12.72% |
| Mar 31, 2026 | 12.72% |
| Mar 31, 2026 | 12.72% |
| Dec 31, 2025 | 11.96% |
| Dec 31, 2025 | 11.96% |
| Dec 31, 2025 | 11.96% |
| Sep 30, 2025 | 17.98% |
| Sep 30, 2025 | 17.98% |
| Sep 30, 2025 | 17.98% |
| Jun 30, 2025 | 8.67% |
| Jun 30, 2025 | 8.67% |
| Jun 30, 2025 | 8.67% |
| Mar 31, 2025 | 12.32% |
| Mar 31, 2025 | 12.32% |
| Mar 31, 2025 | 12.32% |
| Dec 31, 2024 | 19.82% |
| Dec 31, 2024 | 19.82% |