Legend Biotech (LEGN) Tax Rate (2019 - 2025)
Legend Biotech (LEGN) posted Tax Rate of 1.58% for Q3 2025, up 238.06% on a QoQ basis from 0.47% in Q2 2025, and down 209.0% year-over-year from 1.45% in Q3 2024.
Legend Biotech (LEGN) Tax Rate (2019 - 2025) Analysis & Trends
Legend Biotech's Tax Rate history runs 7 years deep, the most recent figure standing at 1.58% for Q3 2025.
- Quarterly Tax Rate fell 209.0% year-over-year to 1.58% in Q3 2025, while the trailing twelve-month figure through Sep 2025 was 9.25% (down 1111.0% YoY) and the FY2024 annual result came in at 11.95%, down 1231.0% from the prior year.
- Tax Rate was 1.58% for Q3 2025 at Legend Biotech, up from 0.47% in the prior quarter.
- Across five years, Tax Rate topped out at 58.03% in Q4 2024 and bottomed at 4.31% in Q1 2021.
- A 5-year average of 4.26% and a median of 0.49% in 2025 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2024 — Tax Rate soared 5682 bps — and 2025, when it plunged 209 bps.
- Legend Biotech's Tax Rate stood at 4.09% in 2021, then tumbled by 98 bps to 0.08% in 2022, then surged by 1383 bps to 1.21% in 2023, then soared by 4713 bps to 58.03% in 2024, then slumped by 97 bps to 1.58% in 2025.
- Business Quant data shows LEGN's Tax Rate at 1.58% in Q3 2025, 0.47% in Q2 2025, and 1.8% in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -0.34 |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 5.61 |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 12.29 |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 17.68 |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 12.51 |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | - |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -13.70 |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | - |
| 10 | Legend Biotech | 8.26 Bn | 7.36 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 1.58 |
| Sep 30, 2025 | 1.58 |
| Sep 30, 2025 | 1.58 |
| Jun 30, 2025 | 0.47 |
| Jun 30, 2025 | 0.47 |
| Jun 30, 2025 | 0.47 |
| Mar 31, 2025 | 1.80 |
| Mar 31, 2025 | 1.80 |
| Mar 31, 2025 | 1.80 |
| Dec 31, 2024 | 58.03 |
| Dec 31, 2024 | 58.03 |
| Dec 31, 2024 | 58.03 |
| Sep 30, 2024 | 3.67 |
| Sep 30, 2024 | 3.67 |
| Sep 30, 2024 | 3.67 |
| Jun 30, 2024 | 1.26 |
| Jun 30, 2024 | 1.26 |
| Jun 30, 2024 | 1.26 |
| Mar 31, 2024 | 0.01 |
| Mar 31, 2024 | 0.01 |