Alector (ALEC) Tax Rate (2021 - 2024)
Alector's (ALEC) quarterly Tax Rate came in at 2.37% in Q4 2024, down 1237.0% year-on-year from 0.21% in Q1 2024, and down 1152.85% on a QoQ basis from 0.19% in Q2 2024.
Alector (ALEC) Tax Rate (2021 - 2024) Analysis & Trends
Alector (ALEC) has 4 years of Tax Rate data on file, last reported at 2.37% in Q4 2024.
- On a quarterly basis, Tax Rate fell 1237.0% year-over-year to 2.37% in Q4 2024; TTM through Sep 2025 was 0.04%, a 253.0% decrease from a year earlier, with the FY2024 full-year figure at 0.11%, down 45.0% from the prior year.
- Tax Rate for Q4 2024 stood at 2.37%, down from 0.19% in the prior quarter.
- Over the last five years, Tax Rate for ALEC reached as high as 50.33% in Q2 2023 and fell as low as 2.9% in Q3 2023.
- Historically, Tax Rate has averaged 5.95% across 4 years, with a median of 0.79% in 2022.
- Across the five-year window, Tax Rate surged 4079 bps in 2023 and tumbled 5051 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 13.72% in 2021, then tumbled by 110 bps to 1.39% in 2022, then jumped by 817 bps to 10.0% in 2023, then slumped by 124 bps to 2.37% in 2024.
- Per Business Quant data, the three most recent Tax Rate figures were 2.37% in Q4 2024, 0.19% in Q2 2024, and 0.02% in Q1 2024.
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 | Alector | 164.78 Mn | -41.74 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -2.37% |
| Dec 31, 2024 | -2.37% |
| Dec 31, 2024 | -2.37% |
| Jun 30, 2024 | -0.19% |
| Jun 30, 2024 | -0.19% |
| Jun 30, 2024 | -0.19% |
| Mar 31, 2024 | -0.02% |
| Mar 31, 2024 | -0.02% |
| Mar 31, 2024 | -0.02% |
| Dec 31, 2023 | 10.00% |
| Dec 31, 2023 | 10.00% |
| Dec 31, 2023 | 10.00% |
| Sep 30, 2023 | -2.90% |
| Sep 30, 2023 | -2.90% |
| Sep 30, 2023 | -2.90% |
| Jun 30, 2023 | 50.33% |
| Jun 30, 2023 | 50.33% |
| Jun 30, 2023 | 50.33% |
| Mar 31, 2023 | -2.00% |
| Mar 31, 2023 | -2.00% |