Coherus Oncology (CHRS) Tax Rate (2019 - 2023)

Coherus Oncology (CHRS) reported Tax Rate of 0.95% for Q3 2023, down 90.29% sequentially from 9.78% in Q4 2020.

Coherus Oncology (CHRS) Tax Rate (2019 - 2023) Analysis & Trends

Coherus Oncology (CHRS) has 3 years of Tax Rate data on file, last reported at 0.95% in Q3 2023.

  • For the quarter ending Q3 2023, Tax Rate changed N/A year-over-year to 0.95%; the trailing twelve-month figure through Dec 2023 stood at 0.16% (changed N/A YoY), and the FY2024 full-year result was 0.05%, down 21.0% from the prior year.
  • Tax Rate eased to 0.95% in Q3 2023, from 9.78% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 9.78% in Q4 2020 to a low of 0.22% in Q2 2019.
  • A 3-year average of 2.85% and a median of 1.91% in 2019 frame the typical range for Tax Rate.
  • Peak annual rise in Tax Rate reached 493 bps in 2020, while the deepest fall reached 102 bps in 2020.
  • Tracing CHRS's Tax Rate over 3 years: stood at 4.85% in 2019, then surged by 102 bps to 9.78% in 2020, then tumbled by 90 bps to 0.95% in 2023.
  • Business Quant data shows CHRS's Tax Rate at 0.95% in Q3 2023, 9.78% in Q4 2020, and 0.65% in Q3 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -0.34
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 5.61
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 12.29
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 17.68
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 12.51
7 Belite Bio 61.40 Bn 61.40 Bn - -
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -13.70
9 Revolution Medicines 37.37 Bn 37.37 Bn - -
10 Coherus Oncology 194.37 Mn 27.32 Mn 8.50 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2023 0.95
Sep 30, 2023 0.95
Sep 30, 2023 0.95
Dec 31, 2020 9.78
Dec 31, 2020 9.78
Dec 31, 2020 9.78
Sep 30, 2020 0.65
Sep 30, 2020 0.65
Sep 30, 2020 0.65
Jun 30, 2020 2.15
Jun 30, 2020 2.15
Jun 30, 2020 2.15
Mar 31, 2020 2.56
Mar 31, 2020 2.56
Mar 31, 2020 2.56
Dec 31, 2019 4.85
Dec 31, 2019 4.85
Dec 31, 2019 4.85
Sep 30, 2019 1.67
Sep 30, 2019 1.67