Alector (ALEC) Tax Rate (2021 - 2026)
Alector (ALEC) posted quarterly Tax Rate of 2.37% for Q4 2024, down 1237.0% year-over-year from 0.21% in Q1 2024, and down 1152.85% quarter-over-quarter from 0.19% in Q2 2024.
Alector (ALEC) Tax Rate (2021 - 2026) Analysis & Trends
Alector (ALEC) has reported Tax Rate for 4 consecutive years, with 2.37% the latest figure, recorded in Q4 2024.
- In Q4 2024, Tax Rate fell 1237.0% year-over-year to 2.37%; the TTM figure through Sep 2025 stood at 0.04% (down 253.0% YoY), while the FY2024 annual figure was 0.11%, down 45.0% from the prior year.
- Tax Rate retreated to 2.37% in Q4 2024 per ALEC's latest filing, from 0.19% in the prior quarter.
- Across five years, Tax Rate topped out at 50.33% in Q2 2023 and bottomed at 2.9% in Q3 2023.
- Historically, Tax Rate has averaged 5.95% across 4 years, with a median of 0.79% in 2022.
- Annual changes were most pronounced in 2023 — Tax Rate jumped 4079 bps — and 2024, when it sank 5051 bps.
- Alector's Tax Rate stood at 13.72% in 2021, then tumbled by 110 bps to 1.39% in 2022, then surged by 817 bps to 10.0% in 2023, then slumped by 124 bps to 2.37% in 2024.
- Business Quant data shows ALEC's Tax Rate at 2.37% in Q4 2024, 0.19% in Q2 2024, and 0.02% in Q1 2024.
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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 | Alector | 218.85 Mn | 46.05 Mn | - | -0.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.57% |
| Jun 30, 2026 | -0.57% |
| Jun 30, 2026 | -0.57% |
| Dec 31, 2025 | 80.81% |
| Dec 31, 2025 | 80.81% |
| Dec 31, 2025 | 80.81% |
| 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% |