Eli Lilly (LLY) Tax Rate (2009 - 2026)
Eli Lilly (LLY) reported Tax Rate of 16.43% for Q1 2026, down 374.0% on a YoY basis from 6.0% in Q1 2025, and down 16.61% quarter-over-quarter from 19.7% in Q4 2025.
Eli Lilly (LLY) Tax Rate (2009 - 2026) Analysis & Trends
Eli Lilly has reported Tax Rate for 18 years, with the latest figure at 16.43% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 374.0% year-over-year to 16.43%; the trailing twelve-month figure through Mar 2026 stood at 18.79% (up 45.0% YoY), and the FY2025 full-year result was 19.79%, up 330.0% from the prior year.
- Tax Rate for Q1 2026 stood at 16.43%, down from 19.7% in the prior quarter.
- The five-year high for Tax Rate was 113.44% in Q3 2023, with the low at 7.27% in Q3 2022.
- Historically, Tax Rate has averaged 21.34% across 5 years, with a median of 15.59% in 2023.
- Annual changes were most pronounced in 2023 — Tax Rate jumped 10617 bps — and 2024, when it tumbled 7452 bps.
- Eli Lilly's Tax Rate stood at 7.57% in 2022, then jumped by 68 bps to 12.71% in 2023, then slipped by 2 bps to 12.47% in 2024, then soared by 58 bps to 19.7% in 2025, then fell by 17 bps to 16.43% in 2026.
- The last three Tax Rate figures came in at 16.43% (Q1 2026), 19.7% (Q4 2025), and 22.81% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 92,316,836.42 Bn | 92,316,831.46 Bn | 7.76 Bn | -14.23 |
| 2 | Eli Lilly | 983.57 Bn | 978.29 Bn | 16.22 Bn | 16.43 |
| 3 | Johnson & Johnson | 553.56 Bn | 531.50 Bn | 15.96 Bn | 12.60 |
| 4 | AbbVie | 383.35 Bn | 374.00 Bn | 10.78 Bn | 32.92 |
| 5 | Merck | 281.71 Bn | 276.06 Bn | 12.09 Bn | -20.26 |
| 6 | Amgen | 182.20 Bn | 170.16 Bn | 5.87 Bn | 12.72 |
| 7 | Gilead Sciences | 153.71 Bn | 145.98 Bn | 5.52 Bn | 21.67 |
| 8 | Pfizer | 143.75 Bn | 130.98 Bn | -1.21 Bn | 14.54 |
| 9 | Bristol Myers Squibb | 109.71 Bn | 99.25 Bn | 8.07 Bn | 17.31 |
| 10 | Novartis Ag | 108.28 Bn | 107.60 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |