Valneva SE (VALN) Tax Rate (2021 - 2024)
Valneva SE's Tax Rate came in at -1.78% for Q2 2026, up 0.11 percentage points from -1.89% a year earlier but down 4.42 percentage points from the prior quarter.
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Analysis
Valneva SE (VALN) Tax Rate (2021 - 2024) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Valneva SE reported Tax Rate of -2.04%, down 5.36 percentage points year-over-year; for FY2025, it was -1.85%, down 4.28 percentage points from FY2024.
- Tax Rate carries a five-year change of -0.46 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 2.43% in FY2024 (-0.41 pp), 2.84% in FY2023 (+3.90 pp), -1.06% in FY2022 (-5.98 pp) and 4.92% in FY2021 (+6.32 pp).
- The five-year range for quarterly Tax Rate is -29.94% (Q4 2024) to 19.00% (Q1 2025).
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of -4.33 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2025 (a gain of 34.54 percentage points), and the weakest in Q4 2024 (a drop of 43.75 percentage points).
- Business Quant data shows VALN's Tax Rate at 2.64% (Q1 2026), 4.61% (Q4 2025) and -18.48% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,130.97 Bn | 1,099.55 Bn | 19.71 Bn | 23.27% |
| 2 | Johnson & Johnson | 614.97 Bn | 533.50 Bn | 17.26 Bn | 17.98% |
| 3 | AbbVie | 505.56 Bn | 478.67 Bn | 12.70 Bn | 15.47% |
| 4 | Merck | 366.86 Bn | 321.23 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 297.80 Bn | 261.79 Bn | 11.24 Bn | 23.71% |
| 6 | Astrazeneca | 261.62 Bn | 235.31 Bn | 12.86 Bn | 10.40% |
| 7 | Amgen | 235.78 Bn | 191.18 Bn | 7.24 Bn | 14.20% |
| 8 | Gilead Sciences | 189.91 Bn | 164.11 Bn | 6.22 Bn | - |
| 9 | Pfizer | 170.31 Bn | 116.96 Bn | 10.94 Bn | - |
| 10 | Valneva SE | 512.81 Mn | -43.74 Mn | 1.86 Mn | - |
API Access
Valneva SE 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=VALN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "VALN", "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=VALN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();