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
DateValue
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%