Oruka Therapeutics (ORKA) Tax Rate (2013 - 2020)

Oruka Therapeutics' (ORKA) quarterly Tax Rate came in at 2.32% in Q4 2020, down 361.0% year-on-year from 0.89% in Q1 2020, and down 438.23% quarter-over-quarter from 0.69% in Q2 2020.

Oruka Therapeutics (ORKA) Tax Rate (2013 - 2020) Analysis & Trends

Oruka Therapeutics' Tax Rate history runs 4 years deep, the most recent figure standing at 2.32% for Q4 2020.

  • On a quarterly basis, Tax Rate fell 361.0% year-over-year to 2.32% in Q4 2020; TTM through Dec 2020 was 0.96%, a 392.0% decrease from a year earlier, with the FY2021 full-year figure at 3.6%, up 473.0% from the prior year.
  • Tax Rate declined to 2.32% in Q4 2020 per ORKA's latest filing, from 0.69% in the prior quarter.
  • Across five years, Tax Rate topped out at 4.7% in Q1 2019 and bottomed at 2.32% in Q4 2020.
  • The 3-year median for Tax Rate is 1.85% (2019), against an average of 1.66%.
  • Across the five-year window, Tax Rate soared 160 bps in 2019 and plunged 361 bps in 2020, its largest moves.
  • Year by year, Tax Rate stood at 1.91% in 2018, then slumped by 33 bps to 1.29% in 2019, then sank by 280 bps to 2.32% in 2020.
  • Per Business Quant, the three latest ORKA Tax Rate figures stand at 2.32% (Q4 2020), 0.69% (Q2 2020), and 1.29% (Q4 2019).

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 Oruka Therapeutics 36.09 Mn -795.06 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2020 -2.32%
Dec 31, 2020 -2.32%
Dec 31, 2020 -2.32%
Jun 30, 2020 0.69%
Jun 30, 2020 0.69%
Jun 30, 2020 0.69%
Dec 31, 2019 1.29%
Dec 31, 2019 1.29%
Dec 31, 2019 1.29%
Sep 30, 2019 3.51%
Sep 30, 2019 3.51%
Sep 30, 2019 3.51%
Jun 30, 2019 1.85%
Jun 30, 2019 1.85%
Jun 30, 2019 1.85%
Mar 31, 2019 4.70%
Mar 31, 2019 4.70%
Mar 31, 2019 4.70%
Sep 30, 2018 1.91%
Sep 30, 2018 1.91%