Amgen (AMGN) Tax Rate (2009 - 2026)
Amgen's Tax Rate was 14.20% in Q2 2026, up 5.52 percentage points from 8.67% a year earlier and up 1.48 percentage points from the prior quarter.
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Analysis
Amgen (AMGN) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Amgen's Tax Rate was 15.01% through Jun 30, 2026, up 4.17 percentage points year-over-year; for FY2025, it came in at 14.09%, up 2.83 percentage points from FY2024.
- Tax Rate shows a five-year change of +3.41 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 11.26% in FY2024 (-3.23 pp), 14.49% in FY2023 (+3.68 pp), 10.81% in FY2022 (-1.25 pp) and 12.06% in FY2021 (+1.37 pp).
- Quarterly Tax Rate has moved between -66.18% (Q1 2024) and 19.82% (Q4 2024) over five years.
- Compared with a year earlier, Tax Rate was higher in six of the last eight quarters, with an average year-over-year change of +11.98 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q1 2025 (a gain of 78.49 percentage points); the worst was Q1 2024 (a drop of 83.64 percentage points).
- Per Business Quant data, AMGN's Tax Rate in the three quarters before Q2 2026 was 12.72% (Q1 2026), 11.96% (Q4 2025) and 17.98% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 23.26% |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | - |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 12.61% |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 8.85% |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | - |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 17.54% |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 20.70% |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 3.96% |
| 10 | Vertex Pharmaceuticals | 138.90 Bn | 106.64 Bn | 2.91 Bn | 16.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.54% |
| 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% |
| 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% |
API Access
Amgen Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=AMGN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "AMGN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=AMGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();