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% on a QoQ basis from 11.96% in Q4 2025.

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

Amgen (AMGN) has reported Tax Rate for 18 consecutive years, with 12.72% the latest figure, recorded in 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 came in at 12.72% for Q1 2026 at Amgen, 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.
  • Across the five-year window, Tax Rate tumbled 8364 bps in 2024 and soared 7849 bps in 2025, its largest moves.
  • Year by year, Tax Rate 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 plunged by 40 bps to 11.96% in 2025, then advanced by 6 bps to 12.72% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 12.72%, 11.96%, and 17.98% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 16.43%
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 12.60%
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn 32.92%
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn 78.72%
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn -20.26%
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 12.72%
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 21.67%
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn 14.54%
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn 15.41%

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