Abpro Holdings (ABPO) Tax Rate (2022 - 2024)
Abpro Holdings' (ABPO) quarterly Tax Rate came in at 8.99% in Q3 2024, down 19587.0% YoY from N/an in Q4 2023, and down 7.46% on a QoQ basis from 8.37% in Q2 2024.
Abpro Holdings (ABPO) Tax Rate (2022 - 2024) Analysis & Trends
Abpro Holdings (ABPO) has 3 years of Tax Rate data on file, last reported at 8.99% in Q3 2024.
- Quarterly Tax Rate fell 19587.0% year-over-year to 8.99% in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 8.93% (down 3641.0% YoY) and the FY2023 annual result came in at 29.44%, down 1872.0% from the prior year.
- Tax Rate declined to 8.99% in Q3 2024, from 8.37% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 186.87% in Q3 2023 to a low of 8.99% in Q3 2024.
- A 3-year average of 38.55% and a median of 25.71% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate jumped 15632 bps — and 2024, when it tumbled 19587 bps.
- Tracing ABPO's Tax Rate over 3 years: stood at 26.69% in 2022, then surged by 310 bps to 109.46% in 2023, then tumbled by 108 bps to 8.99% in 2024.
- The last three Tax Rate figures came in at 8.99% (Q3 2024), 8.37% (Q2 2024), and 0.4% (Q1 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.13 Bn | 131.28 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 85.77 Bn | 77.77 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 64.64 Bn | 59.46 Bn | 1.37 Bn | 10.91% |
| 4 | Moderna | 58.29 Bn | 53.16 Bn | 52.00 Mn | -1.96% |
| 5 | BeOne Medicines | 41.92 Bn | 36.82 Bn | 1.53 Bn | 24.15% |
| 6 | Alnylam Pharmaceuticals | 31.58 Bn | 28.28 Bn | 992.69 Mn | 7.49% |
| 7 | BioNTech SE | 28.12 Bn | 9.73 Bn | 668.28 Mn | 34.12% |
| 8 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | -16.71% |
| 9 | Royalty Pharma | 27.27 Bn | 26.43 Bn | - | - |
| 10 | Abpro Holdings | 1.14 Mn | 1.14 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -8.99% |
| Sep 30, 2024 | -8.99% |
| Sep 30, 2024 | -8.99% |
| Jun 30, 2024 | -8.37% |
| Jun 30, 2024 | -8.37% |
| Jun 30, 2024 | -8.37% |
| Mar 31, 2024 | -0.40% |
| Mar 31, 2024 | -0.40% |
| Mar 31, 2024 | -0.40% |
| Dec 31, 2023 | 109.46% |
| Dec 31, 2023 | 109.46% |
| Dec 31, 2023 | 109.46% |
| Sep 30, 2023 | 186.87% |
| Sep 30, 2023 | 186.87% |
| Sep 30, 2023 | 186.87% |
| Jun 30, 2023 | 28.35% |
| Jun 30, 2023 | 28.35% |
| Jun 30, 2023 | 28.35% |
| Mar 31, 2023 | 24.72% |
| Mar 31, 2023 | 24.72% |