Grifols (GRFS) Tax Rate (2010 - 2020)
Grifols (GRFS) posted Tax Rate of 19.0% for Q1 2020, up 5.01% quarter-over-quarter from 20.0% in Q4 2019, and up 100.0% year-on-year from 9.5% in Q2 2019.
Grifols (GRFS) Tax Rate (2010 - 2020) Analysis & Trends
Grifols (GRFS) has reported Tax Rate for 10 consecutive years, with 19.0% the latest figure, recorded in Q1 2020.
- Tax Rate for Q1 2020 came in at 19.0%, up 100.0% year-over-year; the trailing twelve-month figure through Mar 2020 was 19.92% (down 771.0% YoY), and the FY2025 annual result was 18.7%, down 3333.0% from the prior year.
- Tax Rate was 19.0% for Q1 2020 at Grifols, up from 20.0% in the prior quarter.
- Over five years, Tax Rate peaked at 149.11% in Q4 2016 and troughed at 27.0% in Q1 2017.
- Average Tax Rate over 5 years is 7.35%, with a median of 19.5% recorded in 2020.
- The widest YoY moves for Tax Rate: up 14754 bps in 2016, down 2291332 bps in 2016.
- Over 5 years, Tax Rate stood at 149.11% in 2016, then tumbled by 118 bps to 27.0% in 2017, then increased by 25 bps to 20.22% in 2018, then gained by 1 bps to 20.0% in 2019, then rose by 5 bps to 19.0% in 2020.
- Per Business Quant data, the three most recent Tax Rate figures were 19.0% in Q1 2020, 20.0% in Q4 2019, and 20.0% in Q1 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 16.43% |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 12.60% |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 32.92% |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | 78.72% |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | -20.26% |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | 12.72% |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 21.67% |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | 14.54% |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | - |
| 10 | Grifols | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2020 | -19.00 |
| Mar 31, 2020 | -19.00 |
| Dec 31, 2019 | -20.00 |
| Dec 31, 2019 | -20.00 |
| Mar 31, 2019 | -20.00 |
| Mar 31, 2019 | -20.00 |
| Dec 31, 2018 | -20.22 |
| Dec 31, 2018 | -20.22 |
| Jun 30, 2018 | 19.86 |
| Jun 30, 2018 | 19.86 |
| Mar 31, 2018 | -20.16 |
| Mar 31, 2018 | -20.16 |
| Dec 31, 2017 | -27.00 |
| Dec 31, 2017 | -27.00 |
| Jun 30, 2017 | 27.00 |
| Jun 30, 2017 | 27.00 |
| Mar 31, 2017 | -27.00 |
| Mar 31, 2017 | -27.00 |
| Dec 31, 2016 | 149.11 |
| Dec 31, 2016 | 149.11 |