Equillium (EQ) Tax Rate (2022 - 2024)
Equillium's (EQ) quarterly Tax Rate came in at 7.36% in Q4 2024, up 4586.0% year-on-year from 0.16% in Q1 2024, and up 86.17% on a QoQ basis from 53.22% in Q4 2023.
Equillium (EQ) Tax Rate (2022 - 2024) Analysis & Trends
Equillium (EQ) has 3 years of Tax Rate data on file, last reported at 7.36% in Q4 2024.
- On a quarterly basis, Tax Rate rose 4586.0% year-over-year to 7.36% in Q4 2024; TTM through Dec 2024 was 5.19%, a 894.0% increase from a year earlier, with the FY2024 full-year figure at 5.19%, up 894.0% from the prior year.
- Tax Rate for Q4 2024 stood at 7.36%, up from 53.22% in the prior quarter.
- Over the last five years, Tax Rate for EQ reached as high as 0.24% in Q2 2023 and fell as low as 273.24% in Q4 2022.
- Historically, Tax Rate has averaged 58.51% across 3 years, with a median of 11.4% in 2024.
- Across the five-year window, Tax Rate surged 22001 bps in 2023 and soared 4586 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 273.24% in 2022, then soared by 81 bps to 53.22% in 2023, then jumped by 86 bps to 7.36% in 2024.
- Per Business Quant data, the three most recent Tax Rate figures were 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 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -0.34 |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 5.61 |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 12.29 |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 17.68 |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 12.51 |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | - |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -13.70 |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | - |
| 10 | Equillium | 242.14 Mn | 242.14 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 |