Milestone Pharmaceuticals (MIST) Tax Rate (2018 - 2020)
Milestone Pharmaceuticals' (MIST) quarterly Tax Rate came in at 0.14% in Q3 2020, down 42.0% on a YoY basis from 0.24% in Q4 2019, and up 2491.81% quarter-over-quarter from 0.01% in Q4 2019.
Analysis
Milestone Pharmaceuticals (MIST) Tax Rate (2018 - 2020) Analysis & Trends
Milestone Pharmaceuticals (MIST) has reported Tax Rate for 3 consecutive years, with 0.14% the latest figure, recorded in Q3 2020.
- For the quarter ending Q3 2020, Tax Rate fell 42.0% year-over-year to 0.14%; the trailing twelve-month figure through Dec 2020 stood at 0.18% (up 8.0% YoY), and the FY2020 full-year result was 0.03%, down 7.0% from the prior year.
- Tax Rate rose to 0.14% in Q3 2020 per MIST's latest filing, from 0.01% in the prior quarter.
- Across five years, Tax Rate topped out at 0.57% in Q3 2019 and bottomed at 0.58% in Q4 2018.
- Historically, Tax Rate has averaged 0.06% across 3 years, with a median of 0.03% in 2018.
- The sharpest annual moves came in 2019 and 2020: Tax Rate soared 59 bps in 2019, then sank 42 bps in 2020.
- Over 3 years, Tax Rate stood at 0.58% in 2018, then surged by 101 bps to 0.01% in 2019, then jumped by 2492 bps to 0.14% in 2020.
- According to Business Quant data, Tax Rate over the past three periods registered 0.14%, 0.01%, and 0.57% for Q3 2020, Q4 2019, and Q3 2019 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.44 Bn | 192.45 Bn | 7.24 Bn | 14.20% |
| 2 | Gilead Sciences | 179.97 Bn | 176.79 Bn | 6.22 Bn | -2.36% |
| 3 | Vertex Pharmaceuticals | 130.57 Bn | 122.72 Bn | 2.84 Bn | 20.98% |
| 4 | Regeneron Pharmaceuticals | 81.63 Bn | 73.63 Bn | 3.93 Bn | 15.11% |
| 5 | Argenx Se | 60.34 Bn | 55.16 Bn | 1.37 Bn | -10.89% |
| 6 | Moderna | 54.37 Bn | 49.23 Bn | 52.00 Mn | -1.96% |
| 7 | Alnylam Pharmaceuticals | 33.07 Bn | 29.76 Bn | 992.69 Mn | 7.49% |
| 8 | Biogen | 31.84 Bn | 30.55 Bn | 1.96 Bn | 26.36% |
| 9 | Roivant Sciences | 29.49 Bn | 29.49 Bn | 1.16 Mn | 1.34% |
| 10 | Milestone Pharmaceuticals | 146.32 Mn | -25.18 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2020 | 0.14% |
| Dec 31, 2019 | 0.01% |
| Sep 30, 2019 | 0.57% |
| Jun 30, 2019 | 0.03% |
| Mar 31, 2019 | -0.21% |
| Dec 31, 2018 | -0.58% |
| Jun 30, 2018 | -0.06% |
| Mar 31, 2018 | -0.38% |