Cosmos Health (COSM) Tax Rate (2014 - 2022)
Cosmos Health's Tax Rate was 1.93% in Q3 2023, down 23.35 percentage points from 25.28% a year earlier but up 12.42 percentage points from the prior quarter.
Cosmos Health (COSM) Tax Rate (2014 - 2022) Analysis & Trends
For FY2022, Tax Rate at Cosmos Health came in at 5.94%, up 7.39 percentage points from FY2021.
- Tax Rate shows a five-year change of +5.98 percentage points (FY2017 to FY2022).
- In earlier years, Tax Rate was -1.45% in FY2021 (+30.05 pp), -31.51% in FY2020 (-25.64 pp), -5.87% in FY2019 (-6.06 pp) and 0.19% in FY2018 (+0.24 pp).
- Quarterly Tax Rate has moved between -10.49% (Q2 2023) and 83.74% (Q4 2020) over five years.
- Compared with a year earlier, Tax Rate has declined for three straight quarters, with an average year-over-year change of -9.62 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q4 2019 (a gain of 70.30 percentage points); the worst was Q4 2021 (a drop of 86.88 percentage points).
- Per Business Quant data, COSM's Tax Rate in the three quarters before Q3 2023 was -10.49% (Q2 2023), 5.60% (Q1 2023) and 2.87% (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | - |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | - |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 20.98% |
| 10 | Cosmos Health | 25.77 Mn | 21.70 Mn | 1.51 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2022 | 24.41% |
| Sep 30, 2020 | 0.58% |
| Jun 30, 2020 | 0.22% |
| Dec 31, 2019 | 70.47% |
| Sep 30, 2014 | 13.96% |
| Jun 30, 2014 | 12.71% |
| Mar 31, 2014 | 12.93% |
Cosmos Health Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=COSM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "COSM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=COSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();