Amgen Inc. (AMGN) Tax Rate: 14.09%
Is Amgen Inc.’s tax rate high or low?
Amgen Inc.'s tax rate of 14.09% is 15% above its 5-year average of 12.23%, near the high end of its 5-year range (10.68%–14.49%).
The tax rate for Amgen Inc. (AMGN) is 14.09%. It is above its 12-month average by 11.16% (12.68%).
AMGN Tax Rate Chart
AMGN Average Tax Rate Chart
AMGN Current vs Average Tax Rate Chart
AMGN Tax Rate Metrics
TAX RATE
14.09%
TAX RATE AVG TTM
12.68%
TAX RATE AVG 3Y
12.66%
TAX RATE AVG 5Y
12.23%
TAX RATE AVG 10Y
18.89%
TAX RATE AVG 15Y
16.02%
TAX RATE AVG 20Y
17.10%
CURRENT VS TTM AVG
+11.16%
CURRENT VS 3Y AVG
+11.27%
CURRENT VS 5Y AVG
+15.19%
CURRENT VS 10Y AVG
-25.40%
CURRENT VS 15Y AVG
-12.07%
CURRENT VS 20Y AVG
-17.63%
Amgen Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Amgen Inc. Tax Rate FAQ
- What is the tax rate for Amgen Inc. (AMGN)?
- The tax rate for AMGN stock is 14.09%.
- Is Amgen Inc.'s tax rate high or low?
- Amgen Inc.'s tax rate of 14.09% is 15% above its 5-year average of 12.23%, near the high end of its 5-year range (10.68%–14.49%).
- What is the TTM average tax rate for Amgen Inc. (AMGN)?
- The TTM average tax rate for AMGN stock is 12.68%.
- What is the 3Y average tax rate for Amgen Inc. (AMGN)?
- The 3Y average tax rate for AMGN stock is 12.66%.
- What is the 5Y average tax rate for Amgen Inc. (AMGN)?
- The 5Y average tax rate for AMGN stock is 12.23%.
- What is the 10Y average tax rate for Amgen Inc. (AMGN)?
- The 10Y average tax rate for AMGN stock is 18.89%.
- What is the 15Y average tax rate for Amgen Inc. (AMGN)?
- The 15Y average tax rate for AMGN stock is 16.02%.
- What is the 20Y average tax rate for Amgen Inc. (AMGN)?
- The 20Y average tax rate for AMGN stock is 17.10%.
Amgen Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 14.09% |
| 2024-12-31 | 11.26% |
| 2023-12-31 | 14.49% |
| 2022-12-31 | 10.81% |
| 2021-12-31 | 12.06% |
| 2020-12-31 | 10.68% |
| 2019-12-31 | 14.18% |
| 2018-12-31 | 12.06% |
| 2017-12-31 | 79.38% |
| 2016-12-31 | 15.73% |
| 2015-12-31 | 13.02% |
| 2014-12-31 | 7.65% |
| 2013-12-31 | 3.49% |
| 2012-12-31 | 13.26% |
| 2011-12-31 | 11.25% |
| 2010-12-31 | 12.98% |
| 2009-12-31 | 11.51% |
| 2008-12-31 | 20.08% |
| 2007-12-31 | 20.07% |
| 2006-12-31 | 26.62% |
| 2005-12-31 | 24.53% |
| 2004-12-31 | 30.40% |
| 2003-12-31 | 28.79% |
| 2002-12-31 | -103.35% |
| 2001-12-31 | 33.60% |
| 2000-12-31 | 32.00% |
| 1999-12-31 | 30.00% |
| 1998-12-31 | 29.50% |
| 1997-12-31 | 25.20% |
| 1996-12-31 | 29.36% |
Related Metrics
About Amgen Inc.
Amgen Inc., established in 1980 and headquartered in Thousand Oaks, California, is a global biotechnology leader focused on discovering, developing, manufacturing, and delivering groundbreaking human medicines. The company's scientific endeavors span several critical therapeutic categories, including inflammatory conditions, oncology and hematology, bone health, cardiovascular diseases, nephrology, and neuroscience. Its extensive portfolio features a range of significant pharmaceutical products. Notable examples include Enbrel, prescribed for conditions like plaque psoriasis, rheumatoid arthritis, and psoriatic arthritis; Neulasta, which helps cancer patients by reducing the risk of infection linked to a low white blood cell count; Prolia, utilized in postmenopausal women to combat osteoporosis; and Xgeva, designed to prevent skeletal-related complications. Otezla offers relief for adult patients suffering from plaque psoriasis, psoriatic arthritis, and oral ulcers associated with Behçet's disease. Aranesp addresses anemia and low red blood cell counts, while KYPROLIS is employed to treat patients with relapsed or refractory multiple myeloma. Furthermore, Repatha plays a vital role in lowering the incidence of major cardiovascular events such as myocardial infarction, stroke, and coronary revascularization. Amgen's comprehensive product lineup also encompasses Nplate, Vectibix, MVASI, Parsabiv, EPOGEN, KANJINTI, BLINCYTO, Aimovig, EVENITY, AMGEVITATM, Sensipar/Mimpara, NEUPOGEN, IMLYGIC, Corlanor, and AVSOLA. The company distributes its therapies worldwide, primarily serving healthcare providers, including physicians and their clinics, dialysis centers, hospitals, and pharmacies. Distribution is facilitated through pharmaceutical wholesale distributors, complemented by direct-to-consumer channels. Amgen actively engages in strategic collaborations. It has partnered with entities such as Novartis Pharma AG, UCB, Bayer HealthCare LLC, BeiGene, Ltd., Eli Lilly and Company, Datos Health, and Verastem, Inc., to jointly assess VS-6766 when combined with lumakrastm (Sotorasib) in patients with KRAS G12C-mutant non-small cell lung cancer. Another key alliance involves Kyowa Kirin Co., Ltd., for the co-development and commercialization of KHK4083, a Phase 3-ready anti-OX40 fully human monoclonal antibody targeting atopic dermatitis and other autoimmune conditions. Additionally, Amgen maintains research and development partnerships with Neumora Therapeutics, Inc. and Plexium, Inc.
- Sector
- Healthcare
- Industry
- Drug Manufacturers - General
- CEO
- Robert A. Bradway