BeOne Medicines (ONC) Tax Rate (2015 - 2026)
BeOne Medicines (ONC) posted quarterly Tax Rate of 12.29% for Q1 2026, down 8163.0% year-over-year from 0.15% in Q1 2025, and down 77.83% quarter-over-quarter from 55.44% in Q4 2025.
Analysis
BeOne Medicines (ONC) Tax Rate (2015 - 2026) Analysis & Trends
BeOne Medicines (ONC) has reported Tax Rate for 12 consecutive years, with 12.29% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 8163.0% year-over-year to 12.29%; the TTM figure through Mar 2026 stood at 21.7% (up 6773.0% YoY), while the FY2025 annual figure was 31.17%, up 5214.0% from the prior year.
- Tax Rate fell to 12.29% in Q1 2026 per ONC's latest filing, from 55.44% in the prior quarter.
- Across five years, Tax Rate topped out at 93.92% in Q1 2025 and bottomed at 77.95% in Q4 2024.
- Historically, Tax Rate has averaged 2.87% across 5 years, with a median of 3.17% in 2024.
- Annual changes were most pronounced in 2025 — Tax Rate jumped 13339 bps — and 2026, when it sank 8163 bps.
- BeOne Medicines' Tax Rate stood at 3.33% in 2022, then slumped by 43 bps to 4.78% in 2023, then sank by 1529 bps to 77.95% in 2024, then soared by 171 bps to 55.44% in 2025, then sank by 78 bps to 12.29% in 2026.
- Business Quant data shows ONC's Tax Rate at 12.29% in Q1 2026, 55.44% in Q4 2025, and 15.17% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 140.22 Bn | 132.37 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 86.04 Bn | 78.05 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 63.70 Bn | 58.52 Bn | 1.37 Bn | -10.89% |
| 4 | Moderna | 57.56 Bn | 52.42 Bn | 52.00 Mn | -1.96% |
| 5 | Revolution Medicines | 44.05 Bn | 44.05 Bn | - | - |
| 6 | BeOne Medicines | 40.16 Bn | 35.06 Bn | 1.53 Bn | 24.15% |
| 7 | Alnylam Pharmaceuticals | 35.63 Bn | 32.32 Bn | 992.69 Mn | 7.49% |
| 8 | Royalty Pharma | 28.63 Bn | 27.79 Bn | - | - |
| 9 | Insmed | 27.73 Bn | 26.57 Bn | 358.27 Mn | -16.71% |
| 10 | Incyte | 25.60 Bn | 21.07 Bn | 1.57 Bn | 22.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.15% |
| Mar 31, 2026 | 12.29% |
| Dec 31, 2025 | 55.44% |
| Sep 30, 2025 | 15.17% |
| Jun 30, 2025 | 5.25% |
| Mar 31, 2025 | 93.92% |
| Dec 31, 2024 | -77.95% |
| Sep 30, 2024 | -23.44% |
| Jun 30, 2024 | -13.68% |
| Mar 31, 2024 | -3.17% |
| Dec 31, 2023 | -4.78% |
| Sep 30, 2023 | 6.07% |
| Jun 30, 2023 | -3.72% |
| Mar 31, 2023 | -3.41% |
| Dec 31, 2022 | -3.33% |
| Sep 30, 2022 | -1.15% |
| Jun 30, 2022 | -1.46% |
| Mar 31, 2022 | -3.31% |
| Dec 31, 2021 | -0.66% |
| Sep 30, 2021 | -1.16% |