Enveric Biosciences (ENVB) Tax Rate (2010 - 2024)
Enveric Biosciences (ENVB) posted Tax Rate of 0.23% for Q4 2024, down 224.41% sequentially from 0.07% in Q1 2024, and down 84.0% YoY from 1.43% in Q1 2024.
Enveric Biosciences (ENVB) Tax Rate (2010 - 2024) Analysis & Trends
Enveric Biosciences has reported Tax Rate for 13 years, with the latest figure at 0.23% in Q4 2024.
- Quarterly Tax Rate fell 84.0% year-over-year to 0.23% in Q4 2024, while the trailing twelve-month figure through Dec 2024 was 0.09% (down 1001.0% YoY) and the FY2025 annual result came in at 24.68%, up 2477.0% from the prior year.
- Tax Rate eased to 0.23% in Q4 2024 per ENVB's latest filing, from 0.07% in the prior quarter.
- Over five years, Tax Rate peaked at 107.05% in Q3 2020 and troughed at 1.24% in Q1 2020.
- A 3-year average of 14.97% and a median of 0.23% in 2024 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 10970 bps in 2020, down 289 bps in 2020.
- Over 3 years, Tax Rate stood at 107.05% in 2020, then plunged by 99 bps to 0.61% in 2023, then slumped by 137 bps to 0.23% in 2024.
- According to Business Quant data, Tax Rate over the past three periods registered 0.23%, 0.07%, and 0.61% for Q4 2024, Q1 2024, and Q4 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 137.11 Bn | 129.26 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 84.98 Bn | 76.99 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 64.52 Bn | 59.33 Bn | 1.37 Bn | 10.91% |
| 4 | Moderna | 53.23 Bn | 48.09 Bn | 52.00 Mn | -1.96% |
| 5 | BeOne Medicines | 41.23 Bn | 36.14 Bn | 1.53 Bn | 24.15% |
| 6 | Alnylam Pharmaceuticals | 30.65 Bn | 27.34 Bn | 992.69 Mn | 7.49% |
| 7 | Insmed | 27.15 Bn | 25.99 Bn | 358.27 Mn | -16.71% |
| 8 | Royalty Pharma | 26.98 Bn | 26.14 Bn | - | - |
| 9 | BioNTech SE | 26.78 Bn | 8.39 Bn | 668.28 Mn | 34.12% |
| 10 | Enveric Biosciences | 5.42 Mn | -2.87 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -0.23% |
| Dec 31, 2024 | -0.23% |
| Dec 31, 2024 | -0.23% |
| Mar 31, 2024 | -0.07% |
| Mar 31, 2024 | -0.07% |
| Mar 31, 2024 | -0.07% |
| Dec 31, 2023 | 0.61% |
| Dec 31, 2023 | 0.61% |
| Dec 31, 2023 | 0.61% |
| Sep 30, 2023 | -0.23% |
| Sep 30, 2023 | -0.23% |
| Sep 30, 2023 | -0.23% |
| Sep 30, 2020 | 107.05% |
| Sep 30, 2020 | 107.05% |
| Sep 30, 2020 | 107.05% |
| Jun 30, 2020 | -1.12% |
| Jun 30, 2020 | -1.12% |
| Jun 30, 2020 | -1.12% |
| Mar 31, 2020 | -1.24% |
| Mar 31, 2020 | -1.24% |