Denali Therapeutics (DNLI) Tax Rate (2019 - 2023)

Denali Therapeutics (DNLI) has 5 years of Tax Rate data on file, last reported at 0.03% in Q4 2023.

• On a quarterly basis, Tax Rate fell 3.0% year-over-year to 0.03% in Q4 2023; TTM through Dec 2023 was 0.02%, a 18.0% decrease from a year earlier, with the FY2025 full-year figure at 0.02%, changed 0.0% from the prior year.
• Tax Rate for Q4 2023 stood at 0.03%, down from 0.01% in the prior quarter.
• Over the last five years, Tax Rate for DNLI reached as high as 0.76% in Q4 2021 and fell as low as 0.13% in Q2 2020.
• Historically, Tax Rate has averaged 0.18% across 5 years, with a median of 0.09% in 2020.
• Across the five-year window, Tax Rate surged 42 bps in 2021 and slumped 75 bps in 2022, its largest moves.
• Year by year, Tax Rate stood at 0.28% in 2019, then increased by 21 bps to 0.33% in 2020, then jumped by 126 bps to 0.76% in 2021, then plunged by 99 bps to 0.01% in 2022, then sank by 513 bps to 0.03% in 2023.
• Per Business Quant data, the three most recent Tax Rate figures were 0.03% in Q4 2023, 0.01% in Q4 2022, and 0.05% in Q2 2022.