Biogen (BIIB) Tax Rate (2009 - 2026)
Biogen (BIIB) posted quarterly Tax Rate of 15.41% for Q1 2026, down 731.0% year-over-year from 2.44% in Q1 2025, and up 21.54% on a QoQ basis from 12.68% in Q4 2025.
Biogen (BIIB) Tax Rate (2009 - 2026) Analysis & Trends
Biogen (BIIB) has reported Tax Rate for 18 consecutive years, with 15.41% the latest figure, recorded in 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 came in at 15.41% for Q1 2026 at Biogen, up from 12.68% in the prior quarter.
- The five-year high for Tax Rate was 51.63% in Q3 2023, with the low at 8.51% in Q4 2024.
- Average Tax Rate over 5 years is 18.2%, with a median of 15.41% recorded in 2026.
- The largest YoY upside for Tax Rate was 8735 bps in 2022 against a maximum downside of 10044 bps in 2022.
- Year by year, Tax Rate stood at 8.99% in 2022, then jumped by 63 bps to 14.64% in 2023, then tumbled by 42 bps to 8.51% in 2024, then surged by 49 bps to 12.68% in 2025, then climbed by 22 bps to 15.41% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 15.41%, 12.68%, and 16.29% 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| 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% |