Growth Metrics

Assertio Holdings (ASRT) Tax Rate (2019 - 2024)

Assertio Holdings (ASRT) has disclosed Tax Rate for 6 consecutive years, with 1.53% as the latest value for Q3 2024.

  • Quarterly Tax Rate rose 2060.0% to 1.53% in Q3 2024 from the year-ago period, while the trailing twelve-month figure was 28.56% through Sep 2024, down 4148.0% year-over-year, with the annual reading at 30.66% for FY2023, 22121.0% up from the prior year.
  • Tax Rate hit 1.53% in Q3 2024 for Assertio Holdings, up from 2.84% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 37.54% in Q1 2023 to a low of 932.8% in Q4 2022.
  • Historically, Tax Rate has averaged 49.04% across 5 years, with a median of 4.76% in 2020.
  • Biggest five-year swings in Tax Rate: crashed -94086bps in 2022 and later skyrocketed 85288bps in 2023.
  • Year by year, Tax Rate stood at 31.19% in 2020, then plummeted by -74bps to 8.06% in 2021, then crashed by -11680bps to 932.8% in 2022, then skyrocketed by 91bps to 79.92% in 2023, then surged by 98bps to 1.53% in 2024.
  • Business Quant data shows Tax Rate for ASRT at 1.53% in Q3 2024, 2.84% in Q2 2024, and 79.92% in Q4 2023.