Eli Lilly and Company (LLY) Tax Rate: 19.79%
Is Eli Lilly and Company’s tax rate high or low?
Eli Lilly and Company's tax rate of 19.79% is 35% above its 5-year average of 14.70%, near the high end of its 5-year range (8.25%–20.05%).
9.10% above its 12-month average of 18.14%.
LLY Tax Rate Chart
LLY Average Tax Rate Chart
LLY Current vs Average Tax Rate Chart
LLY Tax Rate Metrics
TAX RATE
19.79%
TAX RATE AVG TTM
18.14%
TAX RATE AVG 3Y
16.14%
TAX RATE AVG 5Y
14.70%
TAX RATE AVG 10Y
22.80%
TAX RATE AVG 15Y
22.32%
TAX RATE AVG 20Y
18.58%
CURRENT VS TTM AVG
+9.10%
CURRENT VS 3Y AVG
+22.58%
CURRENT VS 5Y AVG
+34.58%
CURRENT VS 10Y AVG
-13.22%
CURRENT VS 15Y AVG
-11.32%
CURRENT VS 20Y AVG
+6.54%
Eli Lilly and Company Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Eli Lilly and Company Tax Rate FAQ
- What is the tax rate for Eli Lilly and Company (LLY)?
- The tax rate for LLY stock is 19.79%.
- Is Eli Lilly and Company's tax rate high or low?
- Eli Lilly and Company's tax rate of 19.79% is 35% above its 5-year average of 14.70%, near the high end of its 5-year range (8.25%–20.05%).
- What is the TTM average tax rate for Eli Lilly and Company (LLY)?
- The TTM average tax rate for LLY stock is 18.14%.
- What is the 3Y average tax rate for Eli Lilly and Company (LLY)?
- The 3Y average tax rate for LLY stock is 16.14%.
- What is the 5Y average tax rate for Eli Lilly and Company (LLY)?
- The 5Y average tax rate for LLY stock is 14.70%.
- What is the 10Y average tax rate for Eli Lilly and Company (LLY)?
- The 10Y average tax rate for LLY stock is 22.80%.
- What is the 15Y average tax rate for Eli Lilly and Company (LLY)?
- The 15Y average tax rate for LLY stock is 22.32%.
- What is the 20Y average tax rate for Eli Lilly and Company (LLY)?
- The 20Y average tax rate for LLY stock is 18.58%.
Eli Lilly and Company Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 19.79% |
| 2024-12-31 | 16.49% |
| 2023-12-31 | 20.05% |
| 2022-12-31 | 8.25% |
| 2021-12-31 | 9.32% |
| 2020-12-31 | 14.33% |
| 2019-12-31 | 11.93% |
| 2018-12-31 | 14.39% |
| 2017-12-31 | 103.75% |
| 2016-12-31 | 18.86% |
| 2015-12-31 | 13.68% |
| 2014-12-31 | 20.32% |
| 2013-12-31 | 20.45% |
| 2012-12-31 | 24.40% |
| 2011-12-31 | 18.73% |
| 2010-12-31 | 22.31% |
| 2009-12-31 | 19.21% |
| 2008-12-31 | -58.45% |
| 2007-12-31 | 23.83% |
| 2006-12-31 | 22.10% |
| 2005-12-31 | 26.34% |
| 2004-12-31 | 38.47% |
| 2003-12-31 | 21.49% |
| 2002-12-31 | 21.68% |
| 2001-12-31 | 20.91% |
| 2000-12-31 | 20.76% |
| 1999-12-31 | 21.53% |
| 1998-12-31 | 21.34% |
| 1997-12-31 | 30.51% |
| 1996-12-31 | 23.72% |
Related Metrics
About Eli Lilly and Company
Eli Lilly and Company is a prominent global pharmaceutical firm dedicated to the research, development, and commercialization of human medicines across the world. Its therapeutic offerings include a comprehensive suite of diabetes medications. This encompasses various insulin formulations like Basaglar, the Humalog family (e.g., Mix 75/25, U-100, U-200, Mix 50/50), insulin lispro products (including protamine and mix 75/25), and the Humulin line (e.g., 70/30, N, R, U-500). Furthermore, Eli Lilly provides specialized treatments for type 2 diabetes, such as Jardiance, Trajenta, and Trulicity. In oncology, Eli Lilly offers a robust portfolio targeting various cancers. These include Alimta for non-small cell lung cancer (NSCLC) and malignant pleural mesothelioma; Cyramza, indicated for metastatic gastric cancer, gastro-esophageal junction adenocarcinoma, metastatic NSCLC, metastatic colorectal cancer, and hepatocellular carcinoma; Erbitux for colorectal and various head and neck cancers; Retevmo, used in metastatic NSCLC, medullary thyroid, and other thyroid cancers; Tyvyt for relapsed or refractory classic Hodgkin's lymphoma and non-squamous NSCLC; and Verzenio, prescribed for HR+, HER2- metastatic breast cancer, node-positive, and early breast cancer. For autoimmune and inflammatory conditions, the company markets Olumiant for rheumatoid arthritis, and Taltz, which addresses plaque psoriasis, psoriatic arthritis, ankylosing spondylitis, and non-radiographic axial spondyloarthritis. Addressing neurological and pain management needs, Eli Lilly provides Cymbalta for depressive disorder, diabetic peripheral neuropathic pain, generalized anxiety disorder, fibromyalgia, and chronic musculoskeletal pain. Emgality is available for migraine prevention and episodic cluster headaches, while Zyprexa treats schizophrenia, bipolar I disorder, and aids in bipolar maintenance. Other significant products include Bamlanivimab and etesevimab, along with Bebtelovimab, both developed for COVID-19. Cialis is offered for erectile dysfunction and benign prostatic hyperplasia, and Forteo is available for osteoporosis. Eli Lilly actively engages in strategic collaborations with numerous partners, including Incyte Corporation; Boehringer Ingelheim Pharmaceuticals, Inc.; AbCellera Biologics Inc.; Junshi Biosciences; Regor Therapeutics Group; Lycia Therapeutics, Inc.; Kumquat Biosciences Inc.; Entos Pharmaceuticals Inc.; and Foghorn Therapeutics Inc. Established in 1876, Eli Lilly and Company maintains its corporate headquarters in Indianapolis, Indiana.
- Sector
- Healthcare
- Industry
- Drug Manufacturers - General
- CEO
- David A. Ricks