Biogen (BIIB) Tax Rate (2009 - 2026)
Biogen (BIIB) recorded quarterly Tax Rate of 15.41% in Q1 2026, up 21.54% quarter-over-quarter from 12.68% in Q4 2025, and down 731.0% on a YoY basis from 2.44% in Q1 2025.
Biogen (BIIB) Tax Rate (2009 - 2026) Analysis & Trends
Biogen's Tax Rate history runs 18 years deep, the most recent figure standing at 15.41% for Q1 2026.
- In Q1 2026, Tax Rate fell 731.0% year-over-year to 15.41%; the TTM figure through Mar 2026 stood at 15.47% (down 11.0% YoY), while the FY2025 annual figure was 16.94%, up 257.0% from the prior year.
- Tax Rate was 15.41% for Q1 2026 at Biogen, up from 12.68% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 51.63% in Q3 2023 to a low of 8.51% in Q4 2024.
- Historically, Tax Rate has averaged 18.2% across 5 years, with a median of 15.41% in 2026.
- Biggest YoY gain for Tax Rate was 8735 bps in 2022; the steepest drop was 10044 bps in 2022.
- A 5-year view of Tax Rate shows it stood at 8.99% in 2022, then jumped by 63 bps to 14.64% in 2023, then slumped by 42 bps to 8.51% in 2024, then surged by 49 bps to 12.68% in 2025, then rose by 22 bps to 15.41% in 2026.
- The last three Tax Rate figures came in at 15.41% (Q1 2026), 12.68% (Q4 2025), and 16.29% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 93,699,046.73 Bn | 93,699,041.77 Bn | 7.76 Bn | -14.23% |
| 2 | Eli Lilly | 1,012.06 Bn | 1,006.77 Bn | 16.22 Bn | 16.43% |
| 3 | Johnson & Johnson | 560.67 Bn | 538.62 Bn | 15.96 Bn | 12.60% |
| 4 | AbbVie | 402.20 Bn | 392.85 Bn | 10.78 Bn | 32.92% |
| 5 | Merck | 298.59 Bn | 292.94 Bn | 12.09 Bn | -20.26% |
| 6 | Amgen | 188.77 Bn | 176.74 Bn | 5.87 Bn | 12.72% |
| 7 | Gilead Sciences | 160.22 Bn | 152.49 Bn | 5.52 Bn | 21.67% |
| 8 | Pfizer | 148.19 Bn | 135.42 Bn | -1.21 Bn | 14.54% |
| 9 | Bristol Myers Squibb | 116.72 Bn | 106.26 Bn | 8.07 Bn | 17.31% |
| 10 | Biogen | 28.75 Bn | 24.47 Bn | 1.82 Bn | 15.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.41% |
| Mar 31, 2026 | 15.41% |
| Dec 31, 2025 | 12.68% |
| Dec 31, 2025 | 12.68% |
| Sep 30, 2025 | 16.29% |
| Sep 30, 2025 | 16.29% |
| Jun 30, 2025 | 14.68% |
| Jun 30, 2025 | 14.68% |
| Mar 31, 2025 | 22.72% |
| Mar 31, 2025 | 22.72% |
| Dec 31, 2024 | 8.51% |
| Dec 31, 2024 | 8.51% |
| Sep 30, 2024 | 13.86% |
| Sep 30, 2024 | 13.86% |
| Jun 30, 2024 | 16.47% |
| Jun 30, 2024 | 16.47% |
| Mar 31, 2024 | 15.36% |
| Mar 31, 2024 | 15.36% |
| Dec 31, 2023 | 14.64% |
| Dec 31, 2023 | 14.64% |