Beam Therapeutics (BEAM) Tax Rate (2022 - 2024)
Beam Therapeutics (BEAM) reported Tax Rate of 0.04% for Q2 2024, down 104.41% quarter-over-quarter from 0.97% in Q4 2023.
Beam Therapeutics (BEAM) Tax Rate (2022 - 2024) Analysis & Trends
Beam Therapeutics (BEAM) has 3 years of Tax Rate data on file, last reported at 0.04% in Q2 2024.
- Tax Rate for Q2 2024 came in at 0.04%, changed N/A year-over-year; the trailing twelve-month figure through Mar 2025 was 0.01% (up 109.0% YoY), and the FY2024 annual result was 0.01%, up 106.0% from the prior year.
- Tax Rate eased to 0.04% in Q2 2024 per BEAM's latest filing, from 0.97% in the prior quarter.
- Over five years, Tax Rate peaked at 0.97% in Q4 2023 and troughed at 2.95% in Q3 2022.
- A 3-year average of 1.18% and a median of 1.37% in 2022 frame the typical range for Tax Rate.
- On a YoY basis, Tax Rate climbed as much as 368 bps in 2023 and fell as far as 368 bps in 2023.
- A 3-year view of Tax Rate shows it stood at 2.7% in 2022, then surged by 136 bps to 0.97% in 2023, then sank by 104 bps to 0.04% in 2024.
- Business Quant data shows BEAM's Tax Rate at 0.04% in Q2 2024, 0.97% in Q4 2023, and 2.7% in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -57.14 |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -6.79 |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 5.61 |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 17.68 |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Beam Therapeutics | 3.53 Bn | 3.53 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -0.04% |
| Jun 30, 2024 | -0.04% |
| Dec 31, 2023 | 0.97% |
| Dec 31, 2023 | 0.97% |
| Dec 31, 2022 | -2.70% |
| Dec 31, 2022 | -2.70% |
| Sep 30, 2022 | -2.95% |
| Sep 30, 2022 | -2.95% |