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| 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% |