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| Date | Value |
|---|---|
| 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% |