Vertex Pharmaceuticals (VRTX) Tax Rate (2011 - 2026)
Vertex Pharmaceuticals' Tax Rate was 20.98% in Q2 2026, up 1.49 percentage points from 19.49% a year earlier and up 3.30 percentage points from the prior quarter.
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Analysis
Vertex Pharmaceuticals (VRTX) Tax Rate (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Vertex Pharmaceuticals' Tax Rate was 16.48% through Jun 30, 2026, down 0.35 percentage points year-over-year; for FY2025, it came in at 14.86%, down 300.67 percentage points from FY2024.
- Tax Rate shows a five-year change of +1.86 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 315.53% in FY2024 (+298.18 pp), 17.36% in FY2023 (-4.15 pp), 21.51% in FY2022 (+7.29 pp) and 14.22% in FY2021 (+1.22 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q2 2023.
- Compared with a year earlier, Tax Rate was higher in five of the last seven quarters, with an average year-over-year change of +0.64 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2022 (a gain of 12.38 percentage points); the worst was Q4 2021 (a drop of 20.43 percentage points).
- Per Business Quant data, VRTX's Tax Rate in the three quarters before Q2 2026 was 17.68% (Q1 2026), 10.51% (Q4 2025) and 16.62% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,221.09 Bn | 1,194.71 Bn | 20.46 Bn | 23.26% |
| 2 | Johnson & Johnson | 656.38 Bn | 576.24 Bn | 17.30 Bn | - |
| 3 | AbbVie | 510.79 Bn | 478.80 Bn | 13.12 Bn | 12.61% |
| 4 | Merck | 363.00 Bn | 317.38 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 313.89 Bn | 287.12 Bn | - | - |
| 6 | Astrazeneca | 290.02 Bn | 263.91 Bn | 13.26 Bn | - |
| 7 | Amgen | 249.59 Bn | 204.98 Bn | 7.24 Bn | 14.20% |
| 8 | Gilead Sciences | 208.15 Bn | 183.26 Bn | 6.73 Bn | 20.70% |
| 9 | Pfizer | 170.74 Bn | 118.10 Bn | 12.56 Bn | 3.96% |
| 10 | Vertex Pharmaceuticals | 137.20 Bn | 109.19 Bn | 2.91 Bn | 16.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.57% |
| Jun 30, 2026 | 20.98% |
| Mar 31, 2026 | 17.68% |
| Dec 31, 2025 | 10.51% |
| Sep 30, 2025 | 16.62% |
| Jun 30, 2025 | 19.49% |
| Mar 31, 2025 | 11.51% |
| Dec 31, 2024 | 19.67% |
| Sep 30, 2024 | 14.60% |
| Mar 31, 2024 | 14.03% |
| Dec 31, 2023 | 15.58% |
| Sep 30, 2023 | 12.20% |
| Jun 30, 2023 | 21.16% |
| Mar 31, 2023 | 21.50% |
| Dec 31, 2022 | 23.95% |
| Sep 30, 2022 | 20.90% |
| Jun 30, 2022 | 20.88% |
| Mar 31, 2022 | 20.18% |
| Dec 31, 2021 | 11.57% |
| Sep 30, 2021 | 21.32% |
API Access
Vertex Pharmaceuticals 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=VRTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "VRTX", "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=VRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();