Chemomab Therapeutics (CMMB) Tax Rate (2018 - 2023)

Name: Chemomab Therapeutics (CMMB) Tax Rate (2018 - 2023) | Business Quant
Creator: Business Quant

Chemomab Therapeutics posted quarterly Tax Rate of 1.33% for Q3 2023, down 410.39% on a QoQ basis from 0.43% in Q2 2023.

Chemomab Therapeutics (CMMB) has 4 years of Tax Rate data on file, last reported at 1.33% in Q3 2023.

For the quarter ending Q3 2023, Tax Rate changed N/A year-over-year to 1.33%; the trailing twelve-month figure through Sep 2023 stood at 0.03% (up 1167.0% YoY), and the FY2022 full-year result was 1.89%, changed N/A from the prior year.
Tax Rate for Q3 2023 stood at 1.33%, down from 0.43% in the prior quarter.
Across five years, Tax Rate topped out at 0.43% in Q2 2023 and bottomed at 8.08% in Q2 2022.
The 3-year median for Tax Rate is 0.6% (2022), against an average of 1.88%.
The widest annual swing landed in 2019, when Tax Rate sank 530 bps; it then jumped 851 bps in 2023.
A 3-year view of Tax Rate shows it stood at 2.65% in 2019, then jumped by 105 bps to 0.12% in 2022, then tumbled by 1199 bps to 1.33% in 2023.
The last three Tax Rate figures came in at 1.33% (Q3 2023), 0.43% (Q2 2023), and 0.24% (Q1 2023), per Business Quant data.

Peer Comparison

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Quantum Biopharma	961,148.99 Bn	961,148.98 Bn	-	-
2	Alterity Therapeutics	744,933.29 Bn	744,933.26 Bn	-	-
3	Legend Biotech	2,540.00 Bn	2,539.71 Bn	242.10 Mn	57.14
4	Nanobiotix	2,199.85 Bn	2,199.78 Bn	-	-
5	Akari Therapeutics	1,635.88 Bn	1,635.88 Bn	-	5.61
6	Vertex Pharmaceuticals	111.32 Bn	104.07 Bn	2.59 Bn	17.68
7	Evaxion A	62.56 Bn	62.54 Bn	-	-6.79
8	Regeneron Pharmaceuticals	62.55 Bn	53.79 Bn	3.31 Bn	12.51
9	Alnylam Pharmaceuticals	39.57 Bn	36.56 Bn	959.66 Mn	7.07
10	Chemomab Therapeutics	959.23 Mn	948.86 Mn	-	-

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