CompaniesRanked

2874 companies · fiscal year 2025 · SEC EDGAR · September 25, 2026

Companies in the United States with the highest income tax expense

Income tax expense is the tax a company charged against profit in its income statement for the year. It is not the same as the cash it handed to tax authorities: deferred tax, provisions and timing differences separate the two, often by billions. The cash figure is a different line in the cash-flow statement. Figures are for fiscal year 2025 and are read directly from each company's SEC filings; the source column on every row links to the document.

Ranks 1–100 of 1922 · Fiscal year 2025 · Data as of September 25, 2026

Alphabet (GOOGL) tops the list with $26.7B in income tax expense for fiscal 2025, ahead of Meta Platforms ($25.5B) and Microsoft ($21.8B). The top 10 together report $180B in income tax expense; the gap between #1 and #10 is ×3.70. 1922 companies in the United States report income tax expense, 82.8% of the 2320-filer universe. The last place on the list, Prudential Financial, comes in at $1.1B.

Income tax expense
#CompanyIncome tax expenseYoY15-year trend
1AlphabetGOOGLUSTechnology$26.7B+35.3%
2Meta PlatformsMETAUSTechnology$25.5B+206.8%
3MicrosoftMSFTUSTechnology$21.8B+10.9%
4NVIDIANVDAUSTechnology$21.4B+91.8%
5AppleAAPLUSTechnology$20.7B−30.4%
6AmazonAMZNUSConsumer discretionary$19.1B+106.0%
7JPMorgan ChaseJPMUSFinancials$15.5B−6.4%
8Berkshire HathawayBRK-BUSFinancials$15.2B−27.0%
9ChevronCVXUSEnergy$7.3B−25.6%
10WalmartWMTUSConsumer discretionary$7.2B+17.0%
11Bank of AmericaBACUSFinancials$7.2B+15.0%
12QualcommQCOMUSTechnology$7.1B+3,051.3%
13ComcastCMCSAUSCommunication services$6.1B+118.4%
14Johnson & JohnsonJNJUSHealthcare$5.8B+120.4%
15CitigroupCUSFinancials$5.4B+27.6%
16Eli LillyLLYUSHealthcare$5.1B+143.6%
17Verizon CommunicationsVZUSCommunication services$5.1B+0.7%
18Morgan StanleyMSUSFinancials$4.9B+21.2%
19Goldman SachsGSUSFinancials$4.7B+13.5%
20ConocoPhillipsCOPUSEnergy$4.7B+5.4%
21NewmontNEMUSMaterials$4.6B+229.0%
22Home DepotHDUSConsumer discretionary$4.4B−3.3%
23VisaVUSTechnology$4.1B−0.9%
24Procter & GamblePGUSConsumer staples$4.1B+8.3%
25Wells FargoWFCUSFinancials$3.8B+13.0%
26AT&TTUSCommunication services$3.6B−18.5%
27Federal National Mortgage Association Fannie MaeFNMAUSFinancials$3.6B−15.7%
28MastercardMAUSTechnology$3.6B+51.7%
29T-Mobile USTMUSUSCommunication services$3.3B−2.5%
30American ExpressAXPUSFinancials$3.0B+7.1%
31ProgressivePGRUSFinancials$2.9B+30.5%
32AllstateALLUSFinancials$2.9B+148.7%
33Coca ColaKOUSConsumer staples$2.9B+17.4%
34MerckMRKUSHealthcare$2.8B+0.0%
35CaterpillarCATUSIndustrials$2.8B+5.3%
36Philip Morris InternationalPMUSConsumer staples$2.7B−9.3%
37Costco WholesaleCOSTUSConsumer discretionary$2.7B+14.6%
38Federal Home Loan MortgageFMCCUSFinancials$2.6B−9.9%
39Schwab CharlesSCHWUSFinancials$2.6B+49.0%
40Southern CopperSCCOUSMaterials$2.5B+25.0%
41OracleORCLUSTechnology$2.5B+43.7%
42Altria GroupMOUSConsumer staples$2.4B+2.0%
43AbbVieABBVUSHealthcare$2.4B+$2.9B
44McDonald'sMCDUSConsumer discretionary$2.3B+10.0%
45Applied MaterialsAMATUSTechnology$2.3B+133.1%
46Bristol Myers SquibbBMYUSHealthcare$2.3B+310.1%
47Freeport-McmoranFCXUSMaterials$2.2B−12.0%
48Lowe's CompaniesLOWUSConsumer discretionary$2.1B−4.7%
49SalesforceCRMUSTechnology$2.1B+66.2%
50HCA HealthcareHCAUSHealthcare$2.1B+9.9%
51Union PacificUNPUSIndustrials$2.0B−0.9%
52PepsiCoPEPUSConsumer staples$1.9B−16.0%
53Abbott LaboratoriesABTUSHealthcare$1.9B+$8.3B
54US BancorpUSBUSFinancials$1.9B+21.6%
55UnitedHealth GroupUNHUSHealthcare$1.9B−60.9%
56TJX CompaniesTJXUSConsumer discretionary$1.8B+11.5%
57NetflixNFLXUSCommunication services$1.7B+38.9%
58Charter CommunicationsCHTRUSCommunication services$1.7B+2.6%
59BlackRockBLKUSFinancials$1.7B−5.9%
60RTXRTXUSIndustrials$1.7B+40.9%
61Deutsche Bank AktiengesellschaftDBUSFinancials$1.6B+$1.7B
62AdobeADBEUSTechnology$1.6B+17.0%
63United Parcel ServiceUPSUSIndustrials$1.6B−4.1%
64Goodyear Tire & RubberGTUSMaterials$1.6B+1,549.5%
65IntelINTCUSTechnology$1.5B−80.9%
66Travelers CompaniesTRVUSFinancials$1.5B+27.7%
67Cigna GroupCIUSHealthcare$1.5B+0.1%
68PNC Financial ServicesPNCUSFinancials$1.5B+15.5%
69Cheniere EnergyLNGUSUtilities$1.5B+83.5%
70Bank of New York MellonBNYUSFinancials$1.5B+13.0%
71Booking HoldingsBKNGUSIndustrials$1.4B+1.3%
72TeslaTSLAUSConsumer discretionary$1.4B−22.5%
73S&P GlobalSPGIUSIndustrials$1.4B+23.3%
74General ElectricGEUSTechnology$1.4B+46.0%
75Eog ResourcesEOGUSEnergy$1.4B−23.9%
76FedExFDXUSIndustrials$1.4B+0.8%
77Dell TechnologiesDELLUSTechnology$1.3B+181.1%
78Marsh & Mclennan CompaniesMRSHUSFinancials$1.3B−4.3%
79AmphenolAPHUSTechnology$1.3B+127.1%
80Edison InternationalEIXUSUtilities$1.3B+7,494.1%
81Gilead SciencesGILDUSHealthcare$1.3B+509.5%
82Apollo Global ManagementAPOUSFinancials$1.3B+20.2%
83StrykerSYKUSHealthcare$1.3B+154.1%
84AmgenAMGNUSHealthcare$1.3B+143.7%
85DeereDEUSIndustrials$1.3B−39.9%
86Cme GroupCMEUSFinancials$1.3B+23.9%
87MetLifeMETUSFinancials$1.3B+6.8%
88Cognizant Technology SolutionsCTSHUSTechnology$1.3B+76.4%
89Automatic Data ProcessingADPUSTechnology$1.2B+9.8%
90Constellation EnergyCEGUSUtilities$1.2B+53.4%
91Delta Air LinesDALUSIndustrials$1.2B−1.7%
92Marathon PetroleumMPCUSEnergy$1.1B+27.8%
93BlackstoneBXUSFinancials$1.1B+10.1%
94Micron TechnologyMUUSTechnology$1.1B+149.2%
95Horton D RDHIUSIndustrials$1.1B−24.3%
96McKessonMCKUSHealthcare$1.1B+25.5%
97Anglogold AshantiAUUSMaterials$1.1B+76.9%
98TargetTGTUSConsumer discretionary$1.1B−9.2%
99PayPal HoldingsPYPLUSTechnology$1.1B−10.4%
100Prudential FinancialPRUUSFinancials$1.1B+107.7%

All figures from SEC filings · FY2025 · 100

see sources

Download this data as a CSV →

Embed this table

Free to use on any site. The table updates itself whenever the data is rebuilt — you paste it once. The only condition is that you keep the credit line below the table, so readers can reach the source.

<iframe src="https://companiesranked.com/embed/en/companies-in-the-united-states-with-the-highest-income-tax-expense" title="Companies in the United States with the highest income tax expense" width="100%" height="478" loading="lazy" style="max-width:680px;border:1px solid #e5e2dc;border-radius:6px"></iframe>
<p style="max-width:680px;font:13px system-ui,sans-serif">Source: <a href="https://companiesranked.com/en/companies-in-the-united-states-with-the-highest-income-tax-expense">Companies in the United States with the highest income tax expense</a> — CompaniesRanked, compiled from SEC EDGAR filings</p>

Open the embed on its own →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Companies in the United States with the highest income tax expense |url=https://companiesranked.com/en/companies-in-the-united-states-with-the-highest-income-tax-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Companies in the United States with the highest income tax expense. CompaniesRanked. https://companiesranked.com/en/companies-in-the-united-states-with-the-highest-income-tax-expense

BibTeX

@misc{companiesranked-en-companies-in-the-united-states-with-the-highest-income-tax-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Companies in the United States with the highest income tax expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/companies-in-the-united-states-with-the-highest-income-tax-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

Companies with the highest income tax expense →

By sector

By country