Lakefront Biotherapeutics (LKFT) Tax Rate (2016 - 2024)
Lakefront Biotherapeutics (LKFT) recorded Tax Rate of 0.30% in the quarter ended Jun 30, 2026, up 0.37 percentage points from -0.07% a year earlier and up 0.80 percentage points from the prior quarter.
Lakefront Biotherapeutics (LKFT) Tax Rate (2016 - 2024) Analysis & Trends
On a TTM basis, Lakefront Biotherapeutics' Tax Rate came in at 0.01% as of Jun 30, 2026, up 0.11 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 0.01%, up 0.06 percentage points from the prior year.
- Annual Tax Rate has a five-year change of +13.83 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Tax Rate came in at -0.06% in the year ended Dec 31, 2024 (+170.84 pp), -170.90% in the year ended Dec 31, 2023 (-978.25 pp), 807.35% in the year ended Dec 31, 2022 (+806.19 pp) and 1.16% in the year ended Dec 31, 2021 (+14.99 pp).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Tax Rate since the quarter ended Mar 31, 2024.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of -0.76 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 939.49 percentage points in the quarter ended Dec 31, 2022, against a drop of 893.71 percentage points in the quarter ended Dec 31, 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -0.50% (quarter ended Mar 31, 2026), 0.00% (quarter ended Dec 31, 2025) and -3.64% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | - |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | - |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 20.98% |
| 10 | Lakefront Biotherapeutics | 1.95 Bn | 1.95 Bn | 3.51 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 2.48% |
| Sep 30, 2019 | 4.85% |
| Sep 30, 2018 | 3.34% |
| Dec 31, 2016 | 0.30% |
Lakefront Biotherapeutics 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=LKFT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "LKFT", "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=LKFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();