Growth Metrics

Vertex Pharmaceuticals (VRTX) Tax Rate: 2011-2023

Historic Tax Rate for Vertex Pharmaceuticals (VRTX) over the last 7 years, with Dec 2023 value amounting to 17.36%.

  • Vertex Pharmaceuticals' Tax Rate rose 202.00% to 16.62% in Q3 2025 from the same period last year, while for Sep 2025 it was 17.39%, marking a year-over-year change of. This contributed to the annual value of 17.36% for FY2023, which is 415.00% down from last year.
  • Per Vertex Pharmaceuticals' latest filing, its Tax Rate stood at 17.36% for FY2023, which was down 19.31% from 21.51% recorded in FY2022.
  • In the past 5 years, Vertex Pharmaceuticals' Tax Rate ranged from a high of 21.51% in FY2022 and a low of 13.00% during FY2020.
  • Its 3-year average for Tax Rate is 17.70%, with a median of 17.36% in 2023.
  • Per our database at Business Quant, Vertex Pharmaceuticals' Tax Rate soared by 729bps in 2022 and then slumped by 415bps in 2023.
  • Vertex Pharmaceuticals' Tax Rate (Yearly) stood at 15.64% in 2019, then slumped by 264bps to 13.00% in 2020, then soared by 122bps to 14.22% in 2021, then surged by 729bps to 21.51% in 2022, then slumped by 415bps to 17.36% in 2023.