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AbCellera Biologics (ABCL) Tax Rate (2021 - 2023)

AbCellera Biologics' Tax Rate history spans 3 years, with the latest figure at 2.99% for Q4 2023.

  • For the quarter ending Q4 2023, Tax Rate fell 185.0% year-over-year to 2.99%, compared with a TTM value of 15.88% through Dec 2023, down 1782.0%, and an annual FY2024 reading of 18.73%, up 285.0% over the prior year.
  • Tax Rate for Q4 2023 was 2.99% at AbCellera Biologics, down from 27.16% in the prior quarter.
  • The five-year high for Tax Rate was 42.85% in Q3 2022, with the low at 12.06% in Q2 2021.
  • Average Tax Rate over 3 years is 16.8%, with a median of 18.18% recorded in 2023.
  • Biggest YoY gain for Tax Rate was 2847bps in 2022; the steepest drop was -2440bps in 2022.
  • Tracing ABCL's Tax Rate over 3 years: stood at 29.23% in 2021, then crashed by -83bps to 4.84% in 2022, then tumbled by -38bps to 2.99% in 2023.
  • Per Business Quant, the three most recent readings for ABCL's Tax Rate are 2.99% (Q4 2023), 27.16% (Q3 2023), and 19.67% (Q2 2023).