Legend Biotech (LEGN) Tax Rate (2024 - 2026)
Legend Biotech (LEGN) posted Tax Rate of -40.18% for Q2 2026, down 40.66 percentage points from 0.48% a year earlier and down 42.44 percentage points from the prior quarter.
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Analysis
Legend Biotech (LEGN) Tax Rate (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Legend Biotech was 62.65%, up 55.73 percentage points year-over-year; for FY2025, it was 5.02%, down 6.93 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +18.62 percentage points (FY2020 to FY2025).
- In prior years, Legend Biotech's Tax Rate was 11.95% in FY2024 (+12.32 pp), -0.37% in FY2023 (-0.51 pp), 0.14% in FY2022 (+1.03 pp) and -0.89% in FY2021 (+12.71 pp).
- The Q2 2026 figure stands as the lowest quarterly Tax Rate in data going back to Q2 2019.
- On a year-over-year basis, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +2.63 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2025, with a gain of 91.83 percentage points; the weakest was Q2 2026, with a drop of 40.66 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 2.26% (Q1 2026), 56.85% (Q4 2025) and 1.58% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,136.97 Bn | 1,105.55 Bn | 19.71 Bn | 23.27% |
| 2 | Johnson & Johnson | 619.72 Bn | 538.25 Bn | 17.26 Bn | 17.98% |
| 3 | AbbVie | 503.40 Bn | 476.52 Bn | 12.70 Bn | 15.47% |
| 4 | Merck | 370.15 Bn | 324.53 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 298.64 Bn | 262.63 Bn | 11.24 Bn | 23.71% |
| 6 | Astrazeneca | 261.07 Bn | 234.76 Bn | 12.86 Bn | 10.40% |
| 7 | Amgen | 237.00 Bn | 192.40 Bn | 7.24 Bn | 14.20% |
| 8 | Gilead Sciences | 191.24 Bn | 165.43 Bn | 6.22 Bn | - |
| 9 | Pfizer | 170.31 Bn | 116.96 Bn | 10.94 Bn | - |
| 10 | Legend Biotech | 3.42 Bn | 924.58 Mn | 251.50 Mn | 40.18% |
API Access
Legend Biotech 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=LEGN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "LEGN", "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=LEGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();