Ultragenyx Pharmaceutical (RARE) Tax Rate (2018 - 2020)
Ultragenyx Pharmaceutical's Tax Rate came in at -1.10% for Q2 2026, down 0.22 percentage points from -0.88% a year earlier and down 0.56 percentage points from the prior quarter.
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Analysis
Ultragenyx Pharmaceutical (RARE) Tax Rate (2018 - 2020) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ultragenyx Pharmaceutical reported Tax Rate of -0.64%, down 0.14 percentage points year-over-year; for FY2025, it came in at -0.70%, down 0.35 percentage points from FY2024.
- Tax Rate carries a five-year change of -0.05 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was -0.35% in FY2024 (-0.68 pp), 0.33% in FY2023 (+1.14 pp), -0.81% in FY2022 (-0.58 pp) and -0.23% in FY2021 (+0.42 pp).
- The Q2 2026 figure represents the lowest quarterly Tax Rate since Q3 2022.
- Year-over-year, Tax Rate increased in two of the last eight quarters, with an average year-over-year change of -0.57 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q3 2023 (a gain of 2.22 percentage points), and the weakest in Q4 2024 (a drop of 3.33 percentage points).
- Business Quant data shows RARE's Tax Rate at -0.54% (Q1 2026), -0.68% (Q4 2025) and -0.49% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
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 | Ultragenyx Pharmaceutical | 1.48 Bn | -321.29 Mn | 180.00 Mn | - |
API Access
Ultragenyx 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=RARE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "RARE", "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=RARE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();