Bristol Myers Squibb (BMY) Tax Rate (2009 - 2026)
Bristol Myers Squibb's Tax Rate was 18.84% in Q2 2026, down 7.10 percentage points from 25.94% a year earlier but up 1.53 percentage points from the prior quarter.
Bristol Myers Squibb (BMY) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Bristol Myers Squibb's Tax Rate was 22.12% through Jun 30, 2026, down 1.07 percentage points year-over-year; for FY2025, it was 24.36%, up 30.97 percentage points from FY2024.
- Tax Rate shows a five-year change of +55.27 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was -6.61% in FY2024 (-11.35 pp), 4.74% in FY2023 (-13.00 pp), 17.74% in FY2022 (+4.35 pp) and 13.39% in FY2021 (+44.30 pp).
- Quarterly Tax Rate has moved between -30.95% (Q2 2024) and 56.57% (Q4 2024) over five years.
- Compared with a year earlier, Tax Rate was higher in six of the last eight quarters, with an average year-over-year change of +15.24 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2024 (a gain of 61.83 percentage points); the worst was Q2 2023 (a drop of 38.74 percentage points).
- Per Business Quant data, BMY's Tax Rate in the three quarters before Q2 2026 was 17.31% (Q1 2026), 26.12% (Q4 2025) and 29.51% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,109.83 Bn | 1,078.42 Bn | 19.71 Bn | 23.27% |
| 2 | Johnson & Johnson | 610.61 Bn | 529.14 Bn | 17.26 Bn | 17.98% |
| 3 | AbbVie | 500.66 Bn | 473.77 Bn | 12.70 Bn | 15.47% |
| 4 | Merck | 354.64 Bn | 309.02 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 291.14 Bn | 255.13 Bn | 11.24 Bn | 23.71% |
| 6 | Astrazeneca | 254.18 Bn | 227.87 Bn | 12.86 Bn | 10.40% |
| 7 | Amgen | 229.46 Bn | 184.86 Bn | 7.24 Bn | 14.20% |
| 8 | Gilead Sciences | 190.33 Bn | 164.53 Bn | 6.22 Bn | - |
| 9 | Pfizer | 167.92 Bn | 114.57 Bn | 10.94 Bn | - |
| 10 | Bristol Myers Squibb | 120.21 Bn | 71.48 Bn | 9.25 Bn | 18.84% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.84% |
| Mar 31, 2026 | 17.31% |
| Dec 31, 2025 | 26.12% |
| Sep 30, 2025 | 29.51% |
| Jun 30, 2025 | 25.94% |
| Mar 31, 2025 | 17.13% |
| Dec 31, 2024 | 56.57% |
| Sep 30, 2024 | 27.51% |
| Sep 30, 2023 | 9.50% |
| Mar 31, 2023 | 18.16% |
| Sep 30, 2022 | 27.21% |
| Jun 30, 2022 | 27.02% |
| Mar 31, 2022 | 23.95% |
| Sep 30, 2021 | 28.05% |
| Jun 30, 2021 | 31.68% |
| Mar 31, 2021 | 19.80% |
| Sep 30, 2020 | 16.79% |
| Jun 30, 2020 | 104.92% |
| Jun 30, 2019 | 18.98% |
| Mar 31, 2019 | 13.34% |
Bristol Myers Squibb 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=BMY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "BMY", "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=BMY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();