Equillium (EQ) Tax Rate (2022 - 2024)
Equillium (EQ) posted quarterly Tax Rate of 7.36% for Q4 2024, up 4586.0% year-over-year from 0.16% in Q1 2024, and up 86.17% quarter-over-quarter from 53.22% in Q4 2023.
Equillium (EQ) Tax Rate (2022 - 2024) Analysis & Trends
Equillium (EQ) has reported Tax Rate for 3 consecutive years, with 7.36% the latest figure, recorded in Q4 2024.
- In Q4 2024, Tax Rate rose 4586.0% year-over-year to 7.36%; the TTM figure through Dec 2024 stood at 5.19% (up 894.0% YoY), while the FY2024 annual figure was 5.19%, up 894.0% from the prior year.
- Tax Rate grew to 7.36% in Q4 2024 per EQ's latest filing, from 53.22% in the prior quarter.
- Across five years, Tax Rate topped out at 0.24% in Q2 2023 and bottomed at 273.24% in Q4 2022.
- Historically, Tax Rate has averaged 58.51% across 3 years, with a median of 11.4% in 2024.
- Annual changes were most pronounced in 2023 — Tax Rate jumped 22001 bps — and 2024, when it surged 4586 bps.
- Equillium's Tax Rate stood at 273.24% in 2022, then jumped by 81 bps to 53.22% in 2023, then surged by 86 bps to 7.36% in 2024.
- Business Quant data shows EQ's Tax Rate at 7.36% in Q4 2024, 53.22% in Q4 2023, and 15.43% in Q3 2023.
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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 | Equillium | 263.86 Mn | 263.86 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -7.36% |
| Dec 31, 2024 | -7.36% |
| Dec 31, 2024 | -7.36% |
| Dec 31, 2023 | -53.22% |
| Dec 31, 2023 | -53.22% |
| Dec 31, 2023 | -53.22% |
| Sep 30, 2023 | -15.43% |
| Sep 30, 2023 | -15.43% |
| Sep 30, 2023 | -15.43% |
| Jun 30, 2023 | -0.24% |
| Jun 30, 2023 | -0.24% |
| Jun 30, 2023 | -0.24% |
| Mar 31, 2023 | -1.55% |
| Mar 31, 2023 | -1.55% |
| Mar 31, 2023 | -1.55% |
| Dec 31, 2022 | -273.24% |
| Dec 31, 2022 | -273.24% |
| Dec 31, 2022 | -273.24% |