Amgen Inc
Close on Nov 2, 2026Market cap $251.64BP/E 28.9Yield 2.08%
Amgen Effective Tax Rate Reconciliation by Year
Effective Tax Rate Reconciliation — Foreign Rate Differential (including Puerto Rico) (legacy) (%) (%)
Amgen Effective Tax Rate Reconciliation: -5.8% in FY2024, down 0.7 pts from a year earlier. That is the lowest of the 10 years on record here. No newer figure appears in the documents we track.
Where the FY2024 figure comes from
Source: Form 10-K (filed 2026-02-13) ↗
Reported in Form 10-K Income Taxes Note (XBRL).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Effective Tax Rate Reconciliation — Foreign Rate Differential (including Puerto Rico) (legacy) (%) (%) | Year on year | Source |
|---|---|---|---|---|
| FY2024 | Dec 31, 2024 | -5.8% | -0.7 pts | Form 10-K (filed 2026-02-13) ↗ |
| FY2023 | Dec 31, 2023 | -5.1% | +0.5 pts | Form 10-K (filed 2026-02-13) ↗ |
| FY2022 | Dec 31, 2022 | -5.6% | -13.4 pts | Form 10-K (filed 2025-02-14) ↗ |
| FY2021 | Dec 31, 2021 | 7.8% | +3.1 pts | Form 10-K (filed 2024-02-14) ↗ |
| FY2020 | Dec 31, 2020 | 4.7% | +0.2 pts | Form 10-K (filed 2023-02-09) ↗ |
| FY2019 | Dec 31, 2019 | 4.5% | +0.2 pts | Form 10-K (filed 2022-02-16) ↗ |
| FY2018 | Dec 31, 2018 | 4.3% | -11.5 pts | Form 10-K (filed 2021-02-09) ↗ |
| FY2017 | Dec 31, 2017 | 15.8% | +0.3 pts | Form 10-K (filed 2019-02-13) ↗ |
| FY2016 | Dec 31, 2016 | 15.5% | -2.6 pts | Form 10-K (filed 2019-02-13) ↗ |
| FY2015 | Dec 31, 2015 | 18.1% | – | Form 10-K (filed 2018-02-13) ↗ |
Cite this data
StockData. (2026). Amgen Effective Tax Rate Reconciliation (%), annual FY2015–FY2024 [Data set]. Compiled from Amgen SEC filings and investor materials. https://stockdatahq.com/stocks/amgn/kpis/etr-foreign-diff
See every metric in the Amgen KPI table. Data updated Oct 28, 2026.