United Therapeutics (UTHR) Tax Rate (2010 - 2026)
United Therapeutics' Tax Rate came in at 10.65% for Q2 2026, down 13.56 percentage points from 24.22% a year earlier and down 2.98 percentage points from the prior quarter.
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Analysis
United Therapeutics (UTHR) Tax Rate (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, United Therapeutics reported Tax Rate of 16.66%, down 6.52 percentage points year-over-year; for FY2025, it was 22.12%, down 0.22 percentage points from FY2024.
- Tax Rate has declined in each of the last three years, though with a five-year change of +2.70 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 22.35% in FY2024 (-0.37 pp), 22.72% in FY2023 (-0.77 pp), 23.49% in FY2022 (+3.60 pp) and 19.89% in FY2021 (+0.46 pp).
- The Q2 2026 figure represents the lowest quarterly Tax Rate since Q1 2015.
- Year-over-year, Tax Rate has declined for three consecutive quarters, with an average year-over-year change of -3.79 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q1 2022 (a gain of 9.36 percentage points), and the weakest in Q2 2026 (a drop of 13.56 percentage points).
- Business Quant data shows UTHR's Tax Rate at 13.63% (Q1 2026), 17.95% (Q4 2025) and 22.67% (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 | Eli Lilly | 1,076.25 Bn | 1,044.84 Bn | 19.71 Bn | 23.27% |
| 2 | Johnson & Johnson | 617.18 Bn | 535.70 Bn | 17.26 Bn | 17.98% |
| 3 | AbbVie | 464.58 Bn | 437.73 Bn | 12.70 Bn | 15.47% |
| 4 | Merck | 356.04 Bn | 310.47 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 269.07 Bn | 224.94 Bn | 11.24 Bn | - |
| 6 | Astrazeneca | 243.21 Bn | 216.77 Bn | 12.86 Bn | - |
| 7 | Amgen | 217.88 Bn | 173.28 Bn | 7.24 Bn | 14.20% |
| 8 | Gilead Sciences | 179.62 Bn | 153.74 Bn | 6.22 Bn | - |
| 9 | Pfizer | 158.45 Bn | 105.40 Bn | 10.94 Bn | - |
| 10 | United Therapeutics | 23.12 Bn | 12.61 Bn | 683.80 Mn | 10.65% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.65% |
| Mar 31, 2026 | 13.63% |
| Dec 31, 2025 | 17.95% |
| Sep 30, 2025 | 22.67% |
| Jun 30, 2025 | 24.22% |
| Mar 31, 2025 | 23.92% |
| Dec 31, 2024 | 24.01% |
| Sep 30, 2024 | 20.46% |
| Jun 30, 2024 | 21.73% |
| Mar 31, 2024 | 23.08% |
| Dec 31, 2023 | 26.51% |
| Sep 30, 2023 | 23.93% |
| Jun 30, 2023 | 22.67% |
| Mar 31, 2023 | 17.47% |
| Dec 31, 2022 | 26.12% |
| Sep 30, 2022 | 23.42% |
| Jun 30, 2022 | 22.97% |
| Mar 31, 2022 | 22.29% |
| Dec 31, 2021 | 20.14% |
| Sep 30, 2021 | 20.40% |
API Access
United Therapeutics 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=UTHR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "UTHR", "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=UTHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();