Astrazeneca (AZN) Tax Rate (2009 - 2023)
Astrazeneca (AZN) posted Tax Rate of -10.40% for Q2 2026, up 11.32 percentage points from -21.71% a year earlier and up 10.89 percentage points from the prior quarter.
Astrazeneca (AZN) Tax Rate (2009 - 2023) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Astrazeneca was -7.63%, up 9.54 percentage points year-over-year; for FY2025, it was -17.49%, up 1.50 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +2.22 percentage points (FY2020 to FY2025).
- In prior years, Astrazeneca's Tax Rate was -18.99% in FY2024 (-4.49 pp), -14.49% in FY2023 (-46.16 pp), 31.67% in FY2022 (+175.06 pp) and -143.40% in FY2021 (-123.68 pp).
- Quarterly Tax Rate has run from a low of -45.60% in Q4 2021 to a high of 78.09% in Q3 2022 over five years.
- On a year-over-year basis, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of -0.27 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q3 2022, with a gain of 95.58 percentage points; the weakest was Q3 2023, with a drop of 94.68 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was -21.28% (Q1 2026), -0.02% (Q4 2025) and -21.86% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | - |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | - |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 20.98% |
| 10 | Bristol Myers Squibb | 127.55 Bn | 78.82 Bn | 9.25 Bn | 18.84% |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 6.91% |
| Dec 31, 2022 | 15.94% |
| Sep 30, 2022 | 78.09% |
| Jun 30, 2022 | 45.75% |
| Dec 31, 2019 | 15.42% |
| Jun 30, 2019 | 24.11% |
| Dec 31, 2018 | 38.22% |
| Dec 31, 2017 | 209.83% |
| Sep 30, 2016 | 47.19% |
| Dec 31, 2015 | 0.75% |
| Sep 30, 2010 | 31.18% |
| Jun 30, 2009 | 34.16% |
| Mar 31, 2009 | 28.60% |
Astrazeneca 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=AZN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "AZN", "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=AZN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();