BioNexus Gene Lab (BGLC) Tax Rate (2020 - 2024)
BioNexus Gene Lab's Tax Rate came in at 19.12% for Q4 2024, up 57.75 percentage points from -38.63% a year earlier and up 19.24 percentage points from the prior quarter.
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Analysis
BioNexus Gene Lab (BGLC) Tax Rate (2020 - 2024) Analysis & Trends
For FY2024, BioNexus Gene Lab's Tax Rate was 0.22%, down 0.61 percentage points from FY2023.
- Tax Rate carries a five-year change of +9.20 percentage points (FY2019 to FY2024).
- Going back by year, Tax Rate was 0.83% in FY2023 (-16.40 pp), 17.23% in FY2022 (+45.16 pp), -27.93% in FY2021 (-14.73 pp) and -13.20% in FY2020 (-4.22 pp).
- The five-year range for quarterly Tax Rate is -240.89% (Q4 2021) to 5520.07% (Q4 2020).
- Year-over-year, Tax Rate has increased for three consecutive quarters, with an average year-over-year change of -3.23 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2020 (a gain of 5519.12 percentage points), and the weakest in Q4 2021 (a drop of 5760.95 percentage points).
- Business Quant data shows BGLC's Tax Rate at -0.12% (Q3 2024), 21.82% (Q2 2024) and 23.98% (Q1 2024) in the three quarters before Q4 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn | 24.81% |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn | 23.76% |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn | 26.07% |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn | 25.89% |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn | 24.71% |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn | 22.94% |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn | 24.84% |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn | 20.91% |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn | 53.08% |
| 10 | BioNexus Gene Lab | 2.41 Mn | -4.96 Mn | 12,982.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 21.82% |
| Mar 31, 2022 | 45.59% |
| Sep 30, 2021 | 20.29% |
| Jun 30, 2021 | 79.30% |
| Mar 31, 2020 | 0.08% |
API Access
BioNexus Gene Lab 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=BGLC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "BGLC", "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=BGLC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();