Ovid Therapeutics (OVID) Tax Rate (2021 - 2022)

Ovid Therapeutics (OVID) reported Tax Rate of 0.31% for Q1 2022, down 59.0% on a YoY basis from 0.76% in Q1 2021, and down 123.46% quarter-over-quarter from 1.33% in Q4 2021.

Ovid Therapeutics (OVID) Tax Rate (2021 - 2022) Analysis & Trends

Ovid Therapeutics has reported Tax Rate for 2 years, with the latest figure at 0.31% in Q1 2022.

  • For the quarter ending Q1 2022, Tax Rate fell 59.0% year-over-year to 0.31%; the trailing twelve-month figure through Dec 2022 stood at 0.09% (down 116.0% YoY), and the FY2021 full-year result was 1.07%, changed N/A from the prior year.
  • Tax Rate for Q1 2022 stood at 0.31%, down from 1.33% in the prior quarter.
  • The five-year high for Tax Rate was 2.52% in Q3 2021, with the low at 10.29% in Q2 2021.

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 Ovid Therapeutics 311.83 Mn 156.31 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2022 -0.31%
Mar 31, 2022 -0.31%
Dec 31, 2021 1.33%
Dec 31, 2021 1.33%
Sep 30, 2021 2.52%
Sep 30, 2021 2.52%
Jun 30, 2021 -10.29%
Jun 30, 2021 -10.29%
Mar 31, 2021 0.28%
Mar 31, 2021 0.28%