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

Arbutus Biopharma (ABUS) posted Tax Rate of 39.25% for Q1 2022, down 395.15% sequentially from 13.3% in Q3 2019.

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

Arbutus Biopharma has reported Tax Rate for 6 years, with the latest figure at 39.25% 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 eased to 39.25% in Q1 2022 per ABUS's latest filing, from 13.3% in the prior quarter.
  • Over five years, Tax Rate peaked at 14.89% in Q3 2018 and troughed at 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 widest YoY moves for Tax Rate: up 159 bps in 2019, down 159 bps in 2019.
  • Over 3 years, Tax Rate stood at 14.89% in 2018, then decreased by 11 bps to 13.3% in 2019, then plunged 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 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 20.98%
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 15.11%
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 10.91%
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 24.15%
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -9.47%
7 Royalty Pharma 33.72 Bn 35.84 Bn - -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 7.49%
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -16.71%
10 Arbutus Biopharma 922.95 Mn 830.33 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%