Biomarin Pharmaceutical (BMRN) Tax Rate (2009 - 2026)
Biomarin Pharmaceutical's Tax Rate was 27.08% in Q2 2026, up 7.83 percentage points from 19.25% a year earlier and up 1.81 percentage points from the prior quarter.
Biomarin Pharmaceutical (BMRN) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Biomarin Pharmaceutical's Tax Rate was 51.06% through Jun 30, 2026, up 29.30 percentage points year-over-year; for FY2025, it came in at 27.69%, up 6.48 percentage points from FY2024.
- Tax Rate has now increased for three consecutive years, though with a five-year change of -1815.34 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 21.21% in FY2024 (+10.12 pp), 11.09% in FY2023 (+5.73 pp), 5.36% in FY2022 (-9.60 pp) and 14.96% in FY2021 (-1828.07 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q4 2022.
- Compared with a year earlier, Tax Rate was higher in six of the last eight quarters, with an average year-over-year change of -8.57 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q3 2023 (a gain of 252.47 percentage points); the worst was Q3 2021 (a drop of 1361.08 percentage points).
- Per Business Quant data, BMRN's Tax Rate in the three quarters before Q2 2026 was 25.27% (Q1 2026), -71.52% (Q4 2025) and -16.79% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | - |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | - |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | 20.98% |
| 10 | Biomarin Pharmaceutical | 11.59 Bn | 5.45 Bn | 786.91 Mn | 27.08% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.08% |
| Mar 31, 2026 | 25.27% |
| Jun 30, 2025 | 19.25% |
| Mar 31, 2025 | 22.01% |
| Dec 31, 2024 | 26.35% |
| Sep 30, 2024 | 21.10% |
| Jun 30, 2024 | 18.89% |
| Mar 31, 2024 | 16.00% |
| Sep 30, 2023 | 3.10% |
| Jun 30, 2023 | 20.86% |
| Mar 31, 2023 | 10.40% |
| Jun 30, 2022 | 20.62% |
| Mar 31, 2022 | 9.98% |
| Jun 30, 2021 | 8.58% |
| Mar 31, 2021 | 25.22% |
| Mar 31, 2020 | 19.70% |
| Dec 31, 2017 | 194.13% |
| Dec 31, 2015 | 26.19% |
| Mar 31, 2011 | 1,212.21% |
| Jun 30, 2010 | 182.38% |
Biomarin Pharmaceutical 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=BMRN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "BMRN", "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=BMRN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();