Grifols (GRFS) Tax Rate (2010 - 2020)
Grifols' (GRFS) quarterly Tax Rate came in at 19.0% in Q1 2020, up 100.0% YoY from 9.5% in Q2 2019, and up 5.01% on a QoQ basis from 20.0% in Q4 2019.
Grifols (GRFS) Tax Rate (2010 - 2020) Analysis & Trends
Grifols (GRFS) has 11 years of Tax Rate data on file, last reported at 19.0% in Q1 2020.
- Quarterly Tax Rate rose 100.0% year-over-year to 19.0% in Q1 2020, while the trailing twelve-month figure through Mar 2020 was 19.92% (down 818.0% YoY) and the FY2025 annual result came in at 18.7%, down 3333.0% from the prior year.
- Tax Rate improved to 19.0% in Q1 2020, from 20.0% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 1380.83% in Q4 2016 to a low of 27.0% in Q1 2017.
- A 5-year average of 108.02% and a median of 19.5% in 2020 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2016 — Tax Rate surged 153406 bps — and 2017, when it slumped 140783 bps.
- Tracing GRFS's Tax Rate over 5 years: stood at 1380.83% in 2016, then slumped by 102 bps to 27.0% in 2017, then advanced by 25 bps to 20.22% in 2018, then grew by 1 bps to 20.0% in 2019, then climbed by 5 bps to 19.0% in 2020.
- The last three Tax Rate figures came in at 19.0% (Q1 2020), 20.0% (Q4 2019), and 20.0% (Q1 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 649.25 Bn | 628.49 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 466.16 Bn | 459.59 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 374.06 Bn | 366.92 Bn | 12.21 Bn | -95.75% |
| 4 | Novartis Ag | 299.37 Bn | 291.68 Bn | 11.24 Bn | 23.71% |
| 5 | Astrazeneca | 256.40 Bn | 251.50 Bn | 12.86 Bn | 10.40% |
| 6 | Amgen | 235.27 Bn | 221.28 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 180.36 Bn | 177.18 Bn | 6.22 Bn | -2.36% |
| 8 | Pfizer | 159.69 Bn | 147.99 Bn | 10.94 Bn | 62.33% |
| 9 | Gsk | 105.08 Bn | 100.92 Bn | 8.24 Bn | 56.21% |
| 10 | Grifols | 5.50 Bn | 4.50 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2020 | -19.00% |
| Mar 31, 2020 | -19.00% |
| Mar 31, 2020 | -19.00% |
| Dec 31, 2019 | -20.00% |
| Dec 31, 2019 | -20.00% |
| Dec 31, 2019 | -20.00% |
| Mar 31, 2019 | -20.00% |
| Mar 31, 2019 | -20.00% |
| Mar 31, 2019 | -20.00% |
| Dec 31, 2018 | -20.22% |
| Dec 31, 2018 | -20.22% |
| Dec 31, 2018 | -20.22% |
| Jun 30, 2018 | 16.58% |
| Jun 30, 2018 | 16.58% |
| Jun 30, 2018 | 16.58% |
| Mar 31, 2018 | -20.16% |
| Mar 31, 2018 | -20.16% |
| Mar 31, 2018 | -20.16% |
| Dec 31, 2017 | -27.00% |
| Dec 31, 2017 | -27.00% |