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.

• Tax Rate for Q4 2023 came in at 0.03%, down 3.0% year-over-year; the trailing twelve-month figure through Dec 2023 was 0.02% (down 19.0% YoY), and the FY2025 annual result was 0.02%, changed 0.0% from the prior year.
• Tax Rate retreated to 0.03% in Q4 2023 per DNLI's latest filing, from 0.01% in the prior quarter.
• Over five years, Tax Rate peaked at 0.76% in Q4 2021 and troughed at 0.13% in Q2 2020.
• A 5-year average of 0.18% and a median of 0.12% in 2020 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2021 and 2022: Tax Rate jumped 42 bps in 2021, then plunged 75 bps in 2022.
• A 5-year view of Tax Rate shows it stood at 0.24% in 2019, then jumped by 37 bps to 0.33% in 2020, then jumped by 126 bps to 0.76% in 2021, then tumbled by 99 bps to 0.01% in 2022, then plunged 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.