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
DateValue
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