Foghorn Therapeutics (FHTX) Tax Rate (2023)
Foghorn Therapeutics (FHTX) posted quarterly Tax Rate of 8.98% for Q4 2023, down 65.54% quarter-over-quarter from 5.42% in Q3 2023.
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Foghorn Therapeutics (FHTX) Tax Rate (2023) Analysis & Trends
Foghorn Therapeutics' Tax Rate history runs 1 years deep, the most recent figure standing at 8.98% for Q4 2023.
- In Q4 2023, Tax Rate changed N/A year-over-year to 8.98%; the TTM figure through Sep 2024 stood at 2.23% (down 1.0% YoY), while the FY2023 annual figure was 4.49%, changed N/A from the prior year.
- Tax Rate for Q4 2023 stood at 8.98%, down from 5.42% in the prior quarter.
- The five-year high for Tax Rate was 1.87% in Q1 2023, with the low at 8.98% in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.62 Bn | 131.77 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 85.73 Bn | 77.73 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 63.53 Bn | 58.35 Bn | 1.37 Bn | -10.89% |
| 4 | Moderna | 58.23 Bn | 53.09 Bn | 52.00 Mn | -1.96% |
| 5 | Revolution Medicines | 44.05 Bn | 44.05 Bn | - | - |
| 6 | BeOne Medicines | 40.03 Bn | 34.93 Bn | 1.53 Bn | 24.15% |
| 7 | Alnylam Pharmaceuticals | 35.50 Bn | 32.19 Bn | 992.69 Mn | 7.49% |
| 8 | Royalty Pharma | 28.52 Bn | 27.68 Bn | - | - |
| 9 | Insmed | 27.46 Bn | 26.30 Bn | 358.27 Mn | -16.71% |
| 10 | Foghorn Therapeutics | 346.08 Mn | 278.00 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -8.98% |
| Sep 30, 2023 | -5.42% |
| Jun 30, 2023 | -3.30% |
| Mar 31, 2023 | -1.87% |