Oruka Therapeutics (ORKA) Tax Rate (2018 - 2020)

Oruka Therapeutics (ORKA) recorded quarterly Tax Rate of 0.69% in Q2 2020, down 46.71% quarter-over-quarter from 1.29% in Q4 2019, and down 116.0% on a YoY basis from 4.29% in Q3 2019.

Oruka Therapeutics (ORKA) Tax Rate (2018 - 2020) Analysis & Trends

Oruka Therapeutics' Tax Rate history runs 3 years deep, the most recent figure standing at 0.69% for Q2 2020.

  • In Q2 2020, Tax Rate fell 116.0% year-over-year to 0.69%; the TTM figure through Dec 2020 stood at 0.26% (down 270.0% YoY), while the FY2020 annual figure was 0.09%, down 286.0% from the prior year.
  • Tax Rate was 0.69% for Q2 2020 at Oruka Therapeutics, down from 1.29% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 4.7% in Q1 2019 to a low of 0.69% in Q2 2020.
  • Historically, Tax Rate has averaged 2.32% across 3 years, with a median of 1.88% in 2018.
  • The sharpest annual moves came in 2019 and 2020: Tax Rate jumped 160 bps in 2019, then sank 116 bps in 2020.
  • A 3-year view of Tax Rate shows it stood at 1.91% in 2018, then plunged by 33 bps to 1.29% in 2019, then tumbled by 47 bps to 0.69% in 2020.
  • The last three Tax Rate figures came in at 0.69% (Q2 2020), 1.29% (Q4 2019), and 3.51% (Q3 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -57.14
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -6.79
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 5.61
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 17.68
9 Abivax 91.96 Bn 91.96 Bn - -
10 Oruka Therapeutics 4.04 Bn 3.65 Bn - -

Historic Data

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