Gsk (GLAXF) Tax Rate (2009 - 2026)
Gsk (GLAXF) recorded quarterly Tax Rate of 14.23% in Q1 2026, up 87.85% quarter-over-quarter from 117.05% in Q4 2025, and up 171.0% on a YoY basis from 5.25% in Q1 2025.
Gsk (GLAXF) Tax Rate (2009 - 2026) Analysis & Trends
Gsk's Tax Rate history runs 18 years deep, the most recent figure standing at 14.23% for Q1 2026.
- In Q1 2026, Tax Rate rose 171.0% year-over-year to 14.23%; the TTM figure through Mar 2026 stood at 26.37% (down 1021.0% YoY), while the FY2025 annual figure was 15.02%, down 10.0% from the prior year.
- Tax Rate was 14.23% for Q1 2026 at Gsk, up from 117.05% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 1.56% in Q3 2024 to a low of 117.05% in Q4 2025.
- Historically, Tax Rate has averaged 21.28% across 5 years, with a median of 15.43% in 2022.
- The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 1591 bps in 2024, then slumped 9860 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 23.65% in 2022, then rose by 18 bps to 19.41% in 2023, then increased by 5 bps to 18.46% in 2024, then slumped by 534 bps to 117.05% in 2025, then surged by 88 bps to 14.23% in 2026.
- The last three Tax Rate figures came in at 14.23% (Q1 2026), 117.05% (Q4 2025), and 12.7% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 93,699,046.73 Bn | 93,699,041.77 Bn | 7.76 Bn | -14.23% |
| 2 | Eli Lilly | 1,012.06 Bn | 1,006.77 Bn | 16.22 Bn | 16.43% |
| 3 | Johnson & Johnson | 560.67 Bn | 538.62 Bn | 15.96 Bn | 12.60% |
| 4 | AbbVie | 402.20 Bn | 392.85 Bn | 10.78 Bn | 32.92% |
| 5 | Merck | 298.59 Bn | 292.94 Bn | 12.09 Bn | -20.26% |
| 6 | Amgen | 188.77 Bn | 176.74 Bn | 5.87 Bn | 12.72% |
| 7 | Gilead Sciences | 160.22 Bn | 152.49 Bn | 5.52 Bn | 21.67% |
| 8 | Pfizer | 148.19 Bn | 135.42 Bn | -1.21 Bn | 14.54% |
| 9 | Bristol Myers Squibb | 116.72 Bn | 106.26 Bn | 8.07 Bn | 17.31% |
| 10 | Gsk | - | - | 7.76 Bn | -14.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -14.23% |
| Mar 31, 2026 | -14.23% |
| Dec 31, 2025 | -117.05% |
| Dec 31, 2025 | -117.05% |
| Sep 30, 2025 | -12.70% |
| Sep 30, 2025 | -12.70% |
| Jun 30, 2025 | -12.77% |
| Jun 30, 2025 | -12.77% |
| Mar 31, 2025 | -15.94% |
| Mar 31, 2025 | -15.94% |
| Dec 31, 2024 | -18.46% |
| Dec 31, 2024 | -18.46% |
| Sep 30, 2024 | 1.56% |
| Sep 30, 2024 | 1.56% |
| Jun 30, 2024 | -12.78% |
| Jun 30, 2024 | -12.78% |
| Mar 31, 2024 | -20.22% |
| Mar 31, 2024 | -20.22% |
| Dec 31, 2023 | -19.41% |
| Dec 31, 2023 | -19.41% |