Eli Lilly (LLY) Tax Rate (2009 - 2026)

Eli Lilly (LLY) posted Tax Rate of 16.43% for Q1 2026, down 16.61% quarter-over-quarter from 19.7% in Q4 2025, and down 374.0% year-on-year from 6.0% in Q1 2025.

Eli Lilly (LLY) Tax Rate (2009 - 2026) Analysis & Trends

Eli Lilly (LLY) has reported Tax Rate for 18 consecutive years, with 16.43% the latest figure, recorded in Q1 2026.

  • Tax Rate for Q1 2026 came in at 16.43%, down 374.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 18.79% (up 45.0% YoY), and the FY2025 annual result was 19.79%, up 330.0% from the prior year.
  • Tax Rate was 16.43% for Q1 2026 at Eli Lilly, down from 19.7% in the prior quarter.
  • Over five years, Tax Rate peaked at 113.44% in Q3 2023 and troughed at 7.27% in Q3 2022.
  • Average Tax Rate over 5 years is 21.34%, with a median of 15.59% recorded in 2023.
  • Year-over-year, Tax Rate soared 10617 bps in 2023 and sank 7452 bps in 2024.
  • Over 5 years, Tax Rate stood at 7.57% in 2022, then jumped by 68 bps to 12.71% in 2023, then fell by 2 bps to 12.47% in 2024, then soared by 58 bps to 19.7% in 2025, then slipped by 17 bps to 16.43% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 16.43% in Q1 2026, 19.7% in Q4 2025, and 22.81% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 16.43%
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 12.60%
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn 32.92%
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn 78.72%
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn -20.26%
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 12.72%
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 21.67%
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn 14.54%
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn 15.41%

Historic Data

Download Data
DateValue
Mar 31, 2026 16.43
Mar 31, 2026 16.43
Dec 31, 2025 19.70
Dec 31, 2025 19.70
Sep 30, 2025 22.81
Sep 30, 2025 22.81
Jun 30, 2025 16.47
Jun 30, 2025 16.47
Mar 31, 2025 20.17
Mar 31, 2025 20.17
Dec 31, 2024 12.47
Dec 31, 2024 12.47
Sep 30, 2024 38.91
Sep 30, 2024 38.91
Jun 30, 2024 15.64
Jun 30, 2024 15.64
Mar 31, 2024 11.56
Mar 31, 2024 11.56
Dec 31, 2023 12.71
Dec 31, 2023 12.71