Growth Metrics

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

AbCellera Biologics (ABCL) has disclosed Tax Rate for 3 consecutive years, with 2.99% as the latest value 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 was 2.99% for Q4 2023 at AbCellera Biologics, down from 27.16% in the prior quarter.
  • Across five years, Tax Rate topped out at 42.85% in Q3 2022 and bottomed at 12.06% in Q2 2021.
  • Average Tax Rate over 3 years is 16.8%, with a median of 18.18% recorded in 2023.
  • Peak annual rise in Tax Rate hit 2847bps in 2022, while the deepest fall reached -2440bps in 2022.
  • Year by year, Tax Rate stood at 29.23% in 2021, then crashed by -83bps to 4.84% in 2022, then tumbled by -38bps to 2.99% in 2023.
  • Business Quant data shows Tax Rate for ABCL at 2.99% in Q4 2023, 27.16% in Q3 2023, and 19.67% in Q2 2023.