Lipocine (LPCN) Tax Rate (2024)
Lipocine's Tax Rate came in at -0.01% for Q1 2025, down 0.02 percentage points from 0.01% a year earlier.
Analysis
Lipocine (LPCN) Tax Rate (2024) Analysis & Trends
For FY2024, Lipocine's Tax Rate was 7.54%, up 7.54 percentage points from FY2023.
- Tax Rate carries a five-year change of +7.54 percentage points (FY2019 to FY2024).
- Going back by year, Tax Rate was 0.00% in FY2023 (unchanged), -0.01% in FY2022 (+0.03 pp), -0.03% in FY2021 (-0.03 pp) and 0.00% in FY2020 (unchanged).
- The five-year range for quarterly Tax Rate is -0.02% (Q4 2023) to 0.01% (Q1 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | - |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | - |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | 20.98% |
| 10 | Lipocine | 11.71 Mn | -56.01 Mn | - | - |
API Access
Lipocine Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=LPCN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "LPCN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=LPCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();