Avalo Therapeutics (AVTX) Tax Rate (2017 - 2024)
Avalo Therapeutics (AVTX) reported Tax Rate of -0.05% for Q2 2026, up 0.03 percentage points from -0.08% a year earlier and up 0.01 percentage points from the prior quarter.
Avalo Therapeutics (AVTX) Tax Rate (2017 - 2024) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Avalo Therapeutics' Tax Rate came in at -0.17%, up 0.10 percentage points year-over-year; for FY2025, it was -0.21%, up 0.11 percentage points from FY2024.
- Tax Rate has a five-year change of -4.37 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at -0.33% in FY2024 (-0.28 pp), -0.04% in FY2023 (+0.02 pp), -0.07% in FY2022 (-0.30 pp) and 0.23% in FY2021 (-3.93 pp).
- Five-year quarterly Tax Rate spans a low of -0.96% in Q4 2025 and a high of 0.16% in Q3 2022.
- Year over year, Tax Rate gained in three of the last eight quarters, with an average year-over-year change of -0.13 percentage points.
- The high point for year-over-year Tax Rate in five years was Q3 2022 (a gain of 0.20 percentage points); the low point was Q2 2022 (a drop of 1.19 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -0.06% (Q1 2026), -0.96% (Q4 2025) and -0.04% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | - |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | - |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 20.98% |
| 10 | Avalo Therapeutics | 668.42 Mn | 668.42 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 0.01% |
| Sep 30, 2022 | 0.16% |
| Sep 30, 2017 | 14.71% |
Avalo Therapeutics Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=AVTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "AVTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=AVTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();