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| Date | Value |
|---|---|
| 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 |