Lineage Cell Therapeutics (LCTX) Tax Rate (2014 - 2023)

Lineage Cell Therapeutics' (LCTX) quarterly Tax Rate came in at 29.05% in Q1 2023, up 4407.38% quarter-over-quarter from 0.64% in Q4 2022.

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.

  • On a quarterly basis, Tax Rate changed N/A year-over-year to 29.05% in Q1 2023; TTM through Dec 2023 was 7.74%, a 4866.0% decrease from a year earlier, with the FY2025 full-year figure at 7.69%, changed N/A from the prior year.
  • Tax Rate grew to 29.05% in Q1 2023 per LCTX's latest filing, from 0.64% in the prior quarter.
  • Across five years, Tax Rate topped out at 262.3% in Q4 2019 and bottomed at 8.97% in Q3 2022.
  • The 4-year median for Tax Rate is 6.04% (2021), against an average of 37.18%.
  • Biggest YoY gain for Tax Rate was 2041 bps in 2022; the steepest drop was 2041 bps in 2022.
  • Year by year, Tax Rate stood at 262.3% in 2019, then tumbled by 96 bps to 11.44% in 2021, then sank by 94 bps to 0.64% in 2022, then jumped by 4407 bps to 29.05% in 2023.
  • Per Business Quant, the three latest LCTX Tax Rate figures stand at 29.05% (Q1 2023), 0.64% (Q4 2022), and 8.97% (Q3 2022).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -0.34%
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 12.29%
4 NuCana 279.75 Bn 279.75 Bn - -5.41%
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 17.68%
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 12.51%
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 33.09%
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Lineage Cell Therapeutics 267.08 Mn 203.18 Mn 1.73 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2023 29.05%
Mar 31, 2023 29.05%
Mar 31, 2023 29.05%
Dec 31, 2022 0.64%
Dec 31, 2022 0.64%
Dec 31, 2022 0.64%
Sep 30, 2022 -8.97%
Sep 30, 2022 -8.97%
Sep 30, 2022 -8.97%
Sep 30, 2021 11.44%
Sep 30, 2021 11.44%
Sep 30, 2021 11.44%
Dec 31, 2019 262.30%
Dec 31, 2019 262.30%
Dec 31, 2019 262.30%
Sep 30, 2019 -5.71%
Sep 30, 2019 -5.71%
Sep 30, 2019 -5.71%
Jun 30, 2019 -3.88%
Jun 30, 2019 -3.88%