Bone Biologics (BBLG) Tax Rate (2012 - 2022)
Bone Biologics (BBLG) posted quarterly Tax Rate of 6.71% for Q2 2022, up 233.11% quarter-over-quarter from 5.04% in Q1 2022.
Analysis
Bone Biologics (BBLG) Tax Rate (2012 - 2022) Analysis & Trends
Bone Biologics (BBLG) has reported Tax Rate for 10 consecutive years, with 6.71% the latest figure, recorded in Q2 2022.
- In Q2 2022, Tax Rate changed N/A year-over-year to 6.71%; the TTM figure through Sep 2022 stood at 0.06% (changed N/A YoY), while the FY2021 annual figure was 0.1%, down 1.0% from the prior year.
- Tax Rate rose to 6.71% in Q2 2022 per BBLG's latest filing, from 5.04% in the prior quarter.
- Across five years, Tax Rate topped out at 6.71% in Q2 2022 and bottomed at 5.04% in Q1 2022.
- Historically, Tax Rate has averaged 0.12% across 4 years, with a median of 0.01% in 2018.
- Annual changes were most pronounced in 2018 — Tax Rate declined 28 bps — and 2019, when it rose 2 bps.
- Bone Biologics' Tax Rate stood at 0.01% in 2018, then surged by 182 bps to 0.01% in 2019, then slumped by 4066 bps to 0.27% in 2020, then surged by 2595 bps to 6.71% in 2022.
- Business Quant data shows BBLG's Tax Rate at 6.71% in Q2 2022, 5.04% in Q1 2022, and 0.27% in Q1 2020.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 141.52 Bn | 133.66 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 86.69 Bn | 78.69 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 64.63 Bn | 59.45 Bn | 1.37 Bn | -10.91% |
| 4 | Moderna | 59.30 Bn | 54.16 Bn | 52.00 Mn | -1.96% |
| 5 | Revolution Medicines | 44.41 Bn | 44.41 Bn | - | - |
| 6 | BeOne Medicines | 40.45 Bn | 35.35 Bn | 1.53 Bn | 24.15% |
| 7 | Alnylam Pharmaceuticals | 35.29 Bn | 31.98 Bn | 992.69 Mn | 7.49% |
| 8 | Royalty Pharma | 28.44 Bn | 27.60 Bn | - | - |
| 9 | Insmed | 27.55 Bn | 26.39 Bn | 358.27 Mn | -16.71% |
| 10 | Bone Biologics | 1.00 Mn | 1.00 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 6.71% |
| Mar 31, 2022 | -5.04% |
| Mar 31, 2020 | -0.27% |
| Dec 31, 2019 | 0.01% |
| Sep 30, 2019 | -0.01% |
| Jun 30, 2019 | -0.17% |
| Dec 31, 2018 | -0.01% |
| Sep 30, 2018 | 0.00% |
| Jun 30, 2018 | -0.13% |
| Jun 30, 2017 | 0.16% |
| Dec 31, 2016 | 0.01% |
| Sep 30, 2016 | -0.02% |
| Mar 31, 2016 | -0.01% |
| Sep 30, 2015 | -0.22% |
| Mar 31, 2015 | -0.10% |
| Sep 30, 2014 | -0.03% |
| Mar 31, 2014 | -0.25% |
| Dec 31, 2013 | -0.04% |
| Apr 30, 2013 | -37.28% |
| Apr 30, 2012 | -22.86% |