Mesoblast MESO
NASDAQ MESO
$17.32 +0.18 (+1.05%)
At close: Sep 4, 2026 · 4:00 PM EDT

Mesoblast (MESO) Tax Rate (2016 - 2023)

Mesoblast (MESO) posted Tax Rate of 0.18% for Q2 2023, down 26.16% sequentially from 0.25% in Q1 2023, and down 6.0% YoY from 0.19% in Q2 2022.

Analysis

Mesoblast (MESO) Tax Rate (2016 - 2023) Analysis & Trends

Mesoblast has reported Tax Rate for 7 years, with the latest figure at 0.18% in Q2 2023.

  • Quarterly Tax Rate fell 6.0% year-over-year to 0.18% in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 0.26% (changed 0.0% YoY) and the FY2025 annual result came in at 0.32%, down 54.0% from the prior year.
  • Tax Rate slipped to 0.18% in Q2 2023 per MESO's latest filing, from 0.25% in the prior quarter.
  • Over five years, Tax Rate peaked at 26.05% in Q3 2019 and troughed at 0.29% in Q4 2020.
  • A 5-year average of 4.54% and a median of 0.32% in 2021 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2019 and 2020: Tax Rate soared 2253 bps in 2019, then plunged 2316 bps in 2020.
  • Over 5 years, Tax Rate stood at 8.45% in 2019, then slumped by 103 bps to 0.29% in 2020, then surged by 206 bps to 0.31% in 2021, then retreated by 6 bps to 0.29% in 2022, then slumped by 37 bps to 0.18% in 2023.
  • According to Business Quant data, Tax Rate over the past three periods registered 0.18%, 0.25%, and 0.29% for Q2 2023, Q1 2023, and Q4 2022 respectively.
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 Mesoblast 2.24 Bn 2.14 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2023 1.75%
Mar 31, 2023 -0.25%
Dec 31, 2022 -0.29%
Sep 30, 2022 -0.32%
Jun 30, 2022 -0.26%
Mar 31, 2022 -0.21%
Dec 31, 2021 -0.31%
Sep 30, 2021 -0.27%
Jun 30, 2021 -0.89%
Mar 31, 2021 -0.37%
Dec 31, 2020 0.29%
Sep 30, 2020 -2.89%
Mar 31, 2020 -11.96%
Dec 31, 2019 -12.26%
Sep 30, 2019 -26.05%
Jun 30, 2019 -13.29%
Mar 31, 2019 -8.11%
Dec 31, 2018 -10.43%
Sep 30, 2018 -3.52%
Jun 30, 2018 -4.67%