Belite Bio (BLTE) Tax Rate (2023 - 2026)
Belite Bio (BLTE) posted quarterly Tax Rate of 0.07% for Q3 2024, up 8.0% year-over-year from 0.06% in Q4 2023, and up 190.53% quarter-over-quarter from 0.08% in Q1 2024.
Analysis
Belite Bio (BLTE) Tax Rate (2023 - 2026) Analysis & Trends
Belite Bio's Tax Rate history runs 2 years deep, the most recent figure standing at 0.07% for Q3 2024.
- In Q3 2024, Tax Rate rose 8.0% year-over-year to 0.07%; the TTM figure through Dec 2024 stood at 0.0% (up 7.0% YoY), while the FY2025 annual figure was 0.18%, up 19.0% from the prior year.
- Tax Rate for Q3 2024 stood at 0.07%, up from 0.08% in the prior quarter.
- The five-year high for Tax Rate was 0.07% in Q3 2024, with the low at 0.09% in Q1 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.87 Bn | 131.01 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 85.57 Bn | 77.57 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 63.51 Bn | 58.32 Bn | 1.37 Bn | -10.89% |
| 4 | Moderna | 58.19 Bn | 53.05 Bn | 52.00 Mn | -1.96% |
| 5 | Revolution Medicines | 44.07 Bn | 44.07 Bn | - | - |
| 6 | BeOne Medicines | 39.99 Bn | 34.89 Bn | 1.53 Bn | 24.15% |
| 7 | Alnylam Pharmaceuticals | 35.38 Bn | 32.07 Bn | 992.69 Mn | 7.49% |
| 8 | Royalty Pharma | 28.42 Bn | 27.58 Bn | - | - |
| 9 | Insmed | 27.41 Bn | 26.25 Bn | 358.27 Mn | -16.71% |
| 10 | Belite Bio | 6.25 Bn | 6.25 Bn | - | -0.19% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.19% |
| Mar 31, 2024 | -0.08% |
| Dec 31, 2023 | 0.01% |
| Sep 30, 2023 | -0.01% |
| Jun 30, 2023 | -0.04% |
| Mar 31, 2023 | -0.09% |