Belite Bio (BLTE) Tax Rate (2023 - 2024)

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.

Belite Bio (BLTE) Tax Rate (2023 - 2024) 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 20.98%
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 15.11%
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 10.91%
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 24.15%
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -9.47%
7 Royalty Pharma 33.72 Bn 35.84 Bn - -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 7.49%
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -16.71%
10 Belite Bio 6.40 Bn 6.40 Bn - -

Historic Data

Download Data
DateValue
Sep 30, 2024 0.07%
Sep 30, 2024 0.07%
Sep 30, 2024 0.07%
Mar 31, 2024 -0.08%
Mar 31, 2024 -0.08%
Mar 31, 2024 -0.08%
Dec 31, 2023 0.01%
Dec 31, 2023 0.01%
Dec 31, 2023 0.01%
Sep 30, 2023 -0.01%
Sep 30, 2023 -0.01%
Sep 30, 2023 -0.01%
Jun 30, 2023 -0.04%
Jun 30, 2023 -0.04%
Jun 30, 2023 -0.04%
Mar 31, 2023 -0.09%
Mar 31, 2023 -0.09%
Mar 31, 2023 -0.09%