Lineage Cell Therapeutics (LCTX) Tax Rate (2014 - 2023)
Lineage Cell Therapeutics (LCTX) posted quarterly Tax Rate of 29.05% for Q1 2023, up 4407.38% quarter-over-quarter from 0.64% in Q4 2022.
Analysis
Lineage Cell Therapeutics (LCTX) Tax Rate (2014 - 2023) Analysis & Trends
Lineage Cell Therapeutics' Tax Rate history runs 5 years deep, the most recent figure standing at 29.05% for Q1 2023.
- In Q1 2023, Tax Rate changed N/A year-over-year to 29.05%; the TTM figure through Dec 2023 stood at 7.74% (down 4866.0% YoY), while the FY2025 annual figure was 7.69%, changed N/A from the prior year.
- Tax Rate for Q1 2023 stood at 29.05%, up from 0.64% in the prior quarter.
- The five-year high for Tax Rate was 262.3% in Q4 2019, with the low at 8.97% in Q3 2022.
- The 4-year median for Tax Rate is 6.04% (2021), against an average of 37.18%.
- Peak annual rise in Tax Rate reached 2041 bps in 2022, while the deepest fall reached 2041 bps in 2022.
- Lineage Cell Therapeutics' Tax Rate stood at 262.3% in 2019, then plunged by 96 bps to 11.44% in 2021, then slumped by 94 bps to 0.64% in 2022, then soared by 4407 bps to 29.05% in 2023.
- Business Quant data shows LCTX's Tax Rate at 29.05% in Q1 2023, 0.64% in Q4 2022, and 8.97% in Q3 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | -10.89% |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | -1.96% |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 24.15% |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 7.49% |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | - |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | -16.71% |
| 10 | Lineage Cell Therapeutics | 270.71 Mn | 213.99 Mn | 1.07 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 29.05% |
| Sep 30, 2022 | -9.70% |
| Sep 30, 2021 | 11.44% |
| Dec 31, 2019 | 262.30% |
| Sep 30, 2019 | -5.71% |
| Jun 30, 2019 | -3.88% |
| Mar 31, 2019 | 12.56% |
| Sep 30, 2014 | 18.86% |
| Jun 30, 2014 | 11.72% |
| Mar 31, 2014 | 12.18% |