BeOne Medicines (ONC) Tax Rate (2023 - 2026)
BeOne Medicines (ONC) reported Tax Rate of 24.15% for Q2 2026, up 18.90 percentage points from 5.25% a year earlier and up 11.86 percentage points from the prior quarter.
BeOne Medicines (ONC) Tax Rate (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, BeOne Medicines' Tax Rate came in at 24.46%, up 205.52 percentage points year-over-year; for FY2025, it came in at 31.17%, up 52.14 percentage points from FY2024.
- Tax Rate has a five-year change of +31.81 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at -20.97% in FY2024 (-14.21 pp), -6.77% in FY2023 (-4.58 pp), -2.18% in FY2022 (-0.84 pp) and -1.34% in FY2021 (-0.69 pp).
- Five-year quarterly Tax Rate spans a low of -77.95% in Q4 2024 and a high of 93.92% in Q1 2025.
- Year over year, Tax Rate gained in five of the last eight quarters, with an average year-over-year change of +15.33 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2025 (a gain of 133.39 percentage points); the low point was Q1 2026 (a drop of 81.63 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 12.29% (Q1 2026), 55.44% (Q4 2025) and 15.17% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,122.91 Bn | 1,091.50 Bn | 19.71 Bn | 23.27% |
| 2 | Johnson & Johnson | 615.09 Bn | 533.62 Bn | 17.26 Bn | 17.98% |
| 3 | AbbVie | 504.75 Bn | 477.86 Bn | 12.70 Bn | 15.47% |
| 4 | Merck | 360.18 Bn | 314.55 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 292.05 Bn | 256.04 Bn | 11.24 Bn | 23.71% |
| 6 | Astrazeneca | 256.09 Bn | 229.78 Bn | 12.86 Bn | 10.40% |
| 7 | Amgen | 233.63 Bn | 189.02 Bn | 7.24 Bn | 14.20% |
| 8 | Gilead Sciences | 194.49 Bn | 168.69 Bn | 6.22 Bn | - |
| 9 | Pfizer | 168.35 Bn | 114.99 Bn | 10.94 Bn | - |
| 10 | BeOne Medicines | 41.22 Bn | 22.75 Bn | 1.53 Bn | 24.15% |
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% |
| Sep 30, 2023 | 6.07% |
BeOne Medicines 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=ONC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "ONC", "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=ONC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();