HUTCHMED (China) (HCM) Tax Rate (2015 - 2021)
HUTCHMED (China) (HCM) posted quarterly Tax Rate of 16.02% for Q4 2021, up 419.66% quarter-over-quarter from 3.08% in Q1 2021.
HUTCHMED (China) (HCM) Tax Rate (2015 - 2021) Analysis & Trends
HUTCHMED (China) (HCM) has reported Tax Rate for 6 consecutive years, with 16.02% the latest figure, recorded in Q4 2021.
- In Q4 2021, Tax Rate changed N/A year-over-year to 16.02%; the TTM figure through Dec 2021 stood at 16.48% (changed N/A YoY), while the FY2025 annual figure was 99.2%, down 74889.0% from the prior year.
- Tax Rate rose to 16.02% in Q4 2021 per HCM's latest filing, from 3.08% in the prior quarter.
- Across five years, Tax Rate topped out at 16.02% in Q4 2021 and bottomed at 0.28% in Q3 2019.
- Historically, Tax Rate has averaged 4.42% across 4 years, with a median of 3.5% in 2019.
- Annual changes were most pronounced in 2019 — Tax Rate tumbled 281 bps — and 2021, when it slipped 25 bps.
- HUTCHMED (China)'s Tax Rate stood at 4.2% in 2018, then tumbled by 56 bps to 1.86% in 2019, then advanced by 17 bps to 2.18% in 2020, then surged by 635 bps to 16.02% in 2021.
- Business Quant data shows HCM's Tax Rate at 16.02% in Q4 2021, 3.08% in Q1 2021, and 2.18% in Q2 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.98 Bn | 43.02 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.28 Bn | 39.62 Bn | 2.15 Bn | -26.59% |
| 3 | Zoetis | 31.79 Bn | 30.11 Bn | 1.05 Bn | - |
| 4 | Takeda Pharmaceutical | 28.69 Bn | 22.89 Bn | 5.10 Bn | -30.40% |
| 5 | United Therapeutics | 22.25 Bn | 19.58 Bn | 683.80 Mn | 10.65% |
| 6 | Viatris | 18.75 Bn | 17.86 Bn | 1.46 Bn | -85.63% |
| 7 | Neurocrine Biosciences | 15.58 Bn | 15.19 Bn | 935.80 Mn | 10.97% |
| 8 | Elanco Animal Health | 11.87 Bn | 11.34 Bn | 798.00 Mn | 3.57% |
| 9 | Dr Reddys Laboratories | 10.14 Bn | 9.98 Bn | - | - |
| 10 | HUTCHMED (China) | 2.16 Bn | 2.16 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 16.02% |
| Dec 31, 2021 | 16.02% |
| Dec 31, 2021 | 16.02% |
| Mar 31, 2021 | 3.08% |
| Mar 31, 2021 | 3.08% |
| Mar 31, 2021 | 3.08% |
| Jun 30, 2020 | 2.18% |
| Jun 30, 2020 | 2.18% |
| Jun 30, 2020 | 2.18% |
| Mar 31, 2020 | 3.34% |
| Mar 31, 2020 | 3.34% |
| Mar 31, 2020 | 3.34% |
| Dec 31, 2019 | 1.86% |
| Dec 31, 2019 | 1.86% |
| Dec 31, 2019 | 1.86% |
| Sep 30, 2019 | 0.28% |
| Sep 30, 2019 | 0.28% |
| Sep 30, 2019 | 0.28% |
| Jun 30, 2019 | 3.65% |
| Jun 30, 2019 | 3.65% |