Connect Biopharma Holdings (CNTB) Tax Rate (2024)
Connect Biopharma Holdings (CNTB) reported Tax Rate of -0.35% for Q2 2026, up 0.08 percentage points from -0.43% a year earlier but down 0.10 percentage points from the prior quarter.
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Analysis
Connect Biopharma Holdings (CNTB) Tax Rate (2024) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Connect Biopharma Holdings' Tax Rate came in at -0.28%, up 0.32 percentage points year-over-year; for FY2025, it was -0.36%, up 1.09 percentage points from FY2024.
- Tax Rate has a four-year change of -0.23 percentage points (FY2021 to FY2025).
- By year, Tax Rate came in at -1.45% in FY2024 (-1.25 pp), -0.19% in FY2023 (+0.06 pp), -0.26% in FY2022 (-0.13 pp) and -0.13% in FY2021.
- Five-year quarterly Tax Rate spans a low of -1.20% in Q4 2024 and a high of 0.20% in Q2 2024.
- Year over year, Tax Rate has now increased in each of the last four quarters, with an average year-over-year change of +0.11 percentage points over the last six quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at -0.25% (Q1 2026), -0.18% (Q4 2025) and -0.36% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,135.59 Bn | 1,104.17 Bn | 19.71 Bn | 23.27% |
| 2 | Johnson & Johnson | 616.92 Bn | 535.45 Bn | 17.26 Bn | 17.98% |
| 3 | AbbVie | 501.52 Bn | 474.63 Bn | 12.70 Bn | 15.47% |
| 4 | Merck | 367.36 Bn | 321.74 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 297.93 Bn | 261.92 Bn | 11.24 Bn | 23.71% |
| 6 | Astrazeneca | 261.45 Bn | 235.14 Bn | 12.86 Bn | 10.40% |
| 7 | Amgen | 236.40 Bn | 191.80 Bn | 7.24 Bn | 14.20% |
| 8 | Gilead Sciences | 190.72 Bn | 164.92 Bn | 6.22 Bn | - |
| 9 | Pfizer | 169.43 Bn | 116.08 Bn | 10.94 Bn | - |
| 10 | Connect Biopharma Holdings | 51.21 Mn | -125.47 Mn | - | - |
API Access
Connect Biopharma Holdings 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=CNTB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CNTB", "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=CNTB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();