Arbutus Biopharma (ABUS) Tax Rate (2015 - 2022)

Arbutus Biopharma (ABUS) posted quarterly Tax Rate of 39.25% for Q1 2022, down 395.15% on a QoQ basis from 13.3% in Q3 2019.

Arbutus Biopharma (ABUS) Tax Rate (2015 - 2022) Analysis & Trends

Arbutus Biopharma (ABUS) has reported Tax Rate for 6 consecutive years, with 39.25% the latest figure, recorded in Q1 2022.

  • Quarterly Tax Rate changed N/A year-over-year to 39.25% in Q1 2022, while the trailing twelve-month figure through Dec 2022 was 6.84% (changed N/A YoY) and the FY2022 annual result came in at 6.84%, changed N/A from the prior year.
  • Tax Rate retreated to 39.25% in Q1 2022 per ABUS's latest filing, from 13.3% in the prior quarter.
  • Over the last five years, Tax Rate for ABUS reached as high as 14.89% in Q3 2018 and fell as low as 39.25% in Q1 2022.
  • A 3-year average of 3.69% and a median of 13.3% in 2019 frame the typical range for Tax Rate.
  • The largest YoY upside for Tax Rate was 159 bps in 2019 against a maximum downside of 159 bps in 2019.
  • Year by year, Tax Rate stood at 14.89% in 2018, then declined by 11 bps to 13.3% in 2019, then sank by 395 bps to 39.25% in 2022.
  • According to Business Quant data, Tax Rate over the past three periods registered 39.25%, 13.3%, and 14.89% for Q1 2022, Q3 2019, and Q3 2018 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -0.34%
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 12.29%
4 NuCana 279.75 Bn 279.75 Bn - -5.41%
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 17.68%
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 12.51%
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 33.09%
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Arbutus Biopharma 880.36 Mn 785.13 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2022 -39.25%
Mar 31, 2022 -39.25%
Mar 31, 2022 -39.25%
Sep 30, 2019 13.30%
Sep 30, 2019 13.30%
Sep 30, 2019 13.30%
Sep 30, 2018 14.89%
Sep 30, 2018 14.89%
Sep 30, 2018 14.89%
Dec 31, 2017 40.36%
Dec 31, 2017 40.36%
Dec 31, 2017 40.36%
Dec 31, 2016 15.51%
Dec 31, 2016 15.51%
Dec 31, 2016 15.51%
Jun 30, 2016 33.29%
Jun 30, 2016 33.29%
Jun 30, 2016 33.29%
Dec 31, 2015 12.60%
Dec 31, 2015 12.60%