Denali Therapeutics (DNLI) Tax Rate (2019 - 2023)
Denali Therapeutics (DNLI) posted quarterly Tax Rate of 0.03% for Q4 2023, down 3.0% year-over-year from 0.03% in Q4 2022, and down 513.1% quarter-over-quarter from 0.01% in Q4 2022.
Denali Therapeutics (DNLI) Tax Rate (2019 - 2023) Analysis & Trends
Denali Therapeutics (DNLI) has reported Tax Rate for 5 consecutive years, with 0.03% the latest figure, recorded in Q4 2023.
- In Q4 2023, Tax Rate fell 3.0% year-over-year to 0.03%; the TTM figure through Dec 2023 stood at 0.02% (down 18.0% YoY), while the FY2025 annual figure was 0.02%, changed 0.0% from the prior year.
- Tax Rate declined to 0.03% in Q4 2023 per DNLI's latest filing, from 0.01% in the prior quarter.
- Across five years, Tax Rate topped out at 0.76% in Q4 2021 and bottomed at 0.13% in Q2 2020.
- Historically, Tax Rate has averaged 0.18% across 5 years, with a median of 0.09% in 2020.
- Annual changes were most pronounced in 2021 — Tax Rate jumped 42 bps — and 2022, when it plunged 75 bps.
- Denali Therapeutics' Tax Rate stood at 0.28% in 2019, then climbed by 21 bps to 0.33% in 2020, then surged 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.
- Business Quant data shows DNLI's Tax Rate at 0.03% in Q4 2023, 0.01% in Q4 2022, and 0.05% in Q2 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 128.13 Bn | 120.28 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 112.33 Bn | 104.33 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 53.24 Bn | 48.05 Bn | 1.41 Bn | 10.91% |
| 4 | Revolution Medicines | 43.64 Bn | 43.64 Bn | - | - |
| 5 | BeOne Medicines | 39.27 Bn | 34.17 Bn | 1.53 Bn | 24.15% |
| 6 | MindWalk Holdings | 35.32 Bn | 35.31 Bn | 1.82 Bn | -9.47% |
| 7 | Royalty Pharma | 33.72 Bn | 35.84 Bn | - | - |
| 8 | Alnylam Pharmaceuticals | 30.58 Bn | 27.27 Bn | 992.69 Mn | 7.49% |
| 9 | Insmed | 27.01 Bn | 25.85 Bn | 358.27 Mn | -16.71% |
| 10 | Denali Therapeutics | 3.90 Bn | 3.90 Bn | 3.51 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -0.03% |
| Dec 31, 2023 | -0.03% |
| Dec 31, 2023 | -0.03% |
| Dec 31, 2022 | 0.01% |
| Dec 31, 2022 | 0.01% |
| Dec 31, 2022 | 0.01% |
| Jun 30, 2022 | -0.05% |
| Jun 30, 2022 | -0.05% |
| Jun 30, 2022 | -0.05% |
| Dec 31, 2021 | 0.76% |
| Dec 31, 2021 | 0.76% |
| Dec 31, 2021 | 0.76% |
| Dec 31, 2020 | 0.33% |
| Dec 31, 2020 | 0.33% |
| Dec 31, 2020 | 0.33% |
| Sep 30, 2020 | -0.10% |
| Sep 30, 2020 | -0.10% |
| Sep 30, 2020 | -0.10% |
| Jun 30, 2020 | -0.13% |
| Jun 30, 2020 | -0.13% |