Theravance Biopharma (TBPH) Tax Rate (2025)
Theravance Biopharma's Tax Rate was -23.11% in Q2 2026, down 48.20 percentage points from 25.09% a year earlier and down 46.86 percentage points from the prior quarter.
Theravance Biopharma (TBPH) Tax Rate (2025) Analysis & Trends
On a trailing twelve-month basis, Theravance Biopharma's Tax Rate was 8.75% through Jun 30, 2026, down 58.73 percentage points year-over-year; for FY2025, it was 18.10%, up 44.56 percentage points from FY2024.
- Tax Rate shows a five-year change of +15.30 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was -26.46% in FY2024 (-14.43 pp), -12.02% in FY2023 (-12.01 pp), -0.01% in FY2022 (-0.09 pp) and 0.08% in FY2021 (-2.73 pp).
- The Q2 2026 figure marks the lowest quarterly Tax Rate since Q4 2024.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of +43.84 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q3 2025 (a gain of 251.45 percentage points); the worst was Q4 2023 (a drop of 69.68 percentage points).
- Per Business Quant data, TBPH's Tax Rate in the three quarters before Q2 2026 was 23.76% (Q1 2026), 16.55% (Q4 2025) and 225.13% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,136.97 Bn | 1,105.55 Bn | 19.71 Bn | 23.27% |
| 2 | Johnson & Johnson | 619.72 Bn | 538.25 Bn | 17.26 Bn | 17.98% |
| 3 | AbbVie | 503.40 Bn | 476.52 Bn | 12.70 Bn | 15.47% |
| 4 | Merck | 370.15 Bn | 324.53 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 298.64 Bn | 262.63 Bn | 11.24 Bn | 23.71% |
| 6 | Astrazeneca | 261.07 Bn | 234.76 Bn | 12.86 Bn | 10.40% |
| 7 | Amgen | 237.00 Bn | 192.40 Bn | 7.24 Bn | 14.20% |
| 8 | Gilead Sciences | 191.24 Bn | 165.43 Bn | 6.22 Bn | - |
| 9 | Pfizer | 170.31 Bn | 116.96 Bn | 10.94 Bn | - |
| 10 | Theravance Biopharma | 883.70 Mn | -543.66 Mn | - | - |
Theravance Biopharma 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=TBPH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "TBPH", "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=TBPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();