Journey Medical (DERM) Tax Rate (2020 - 2023)
Journey Medical (DERM) reported Tax Rate of -5.05% for Q2 2026, down 3.44 percentage points from -1.61% a year earlier.
Journey Medical (DERM) Tax Rate (2020 - 2023) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Journey Medical's Tax Rate came in at -1.23%, up 2.18 percentage points year-over-year; for FY2025, it came in at -0.53%, down 0.11 percentage points from FY2024.
- Tax Rate has a five-year change of -26.67 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at -0.42% in FY2024 (+5.67 pp), -6.08% in FY2023 (-5.87 pp), -0.21% in FY2022 (+3.64 pp) and -3.86% in FY2021 (-30.00 pp).
- The Q2 2026 figure ranks as the lowest quarterly Tax Rate since Q4 2023.
- The high point for year-over-year Tax Rate in five years was Q4 2022 (a gain of 62.01 percentage points); the low point was Q4 2021 (a drop of 87.57 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | - |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | - |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 20.98% |
| 10 | Journey Medical | 176.78 Mn | 74.87 Mn | 12.37 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 0.56% |
| Mar 31, 2021 | 26.37% |
| Dec 31, 2020 | 25.44% |
| Sep 30, 2020 | 44.23% |
Journey Medical 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=DERM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "DERM", "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=DERM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();