Ensysce Biosciences (ENSC) Tax Rate (2018 - 2020)
Ensysce Biosciences (ENSC) recorded Tax Rate of 3.46% in Q1 2021, down 0.54 percentage points from 4.00% a year earlier.
Ensysce Biosciences (ENSC) Tax Rate (2018 - 2020) Analysis & Trends
On a TTM basis, Ensysce Biosciences' Tax Rate came in at -3.34% as of Mar 31, 2021, down 117.18 percentage points year-over-year; for FY2020, it was 5.37%, up 113.78 percentage points from FY2019.
- Annual Tax Rate has a three-year change of +18.56 percentage points (FY2017 to FY2020).
- Across earlier years, Tax Rate came in at -108.42% in FY2019 (-129.12 pp), 20.70% in FY2018 (+33.89 pp) and -13.19% in FY2017.
- The Q1 2021 figure is the lowest quarterly Tax Rate since Q4 2019.
- On a year-over-year basis, Tax Rate rose in 1 of the last five quarters, with an average year-over-year change of -9.23 percentage points.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | - |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | - |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | 20.98% |
| 10 | Ensysce Biosciences | 1.07 Mn | -10.50 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | 4.00% |
| Sep 30, 2019 | 2.84% |
| Jun 30, 2019 | 35.17% |
| Mar 31, 2019 | 21.65% |
| Dec 31, 2018 | 20.01% |
| Sep 30, 2018 | 18.39% |
| Jun 30, 2018 | 23.82% |
| Mar 31, 2018 | 21.79% |
Ensysce Biosciences 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=ENSC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "ENSC", "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=ENSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();