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

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

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

Ovid Therapeutics' Tax Rate history runs 2 years deep, the most recent figure standing at 0.31% for Q1 2022.

  • Quarterly Tax Rate fell 59.0% year-over-year to 0.31% in Q1 2022, while the trailing twelve-month figure through Dec 2022 was 0.09% (down 116.0% YoY) and the FY2021 annual result came in at 1.07%, changed N/A from the prior year.
  • Tax Rate was 0.31% for Q1 2022 at Ovid Therapeutics, down from 1.33% in the prior quarter.
  • Across five years, Tax Rate topped out at 2.52% in Q3 2021 and bottomed at 10.29% in Q2 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Oculis Holding AG 66,741.39 Bn 66,741.11 Bn - -0.34%
2 Nanobiotix 1,935.05 Bn 1,934.98 Bn - -
3 Akari Therapeutics 1,045.06 Bn 1,045.06 Bn - 5.61%
4 BeOne Medicines 468.98 Bn 464.19 Bn 1.35 Bn 12.29%
5 Vertex Pharmaceuticals 123.24 Bn 115.99 Bn 2.59 Bn 17.68%
6 Regeneron Pharmaceuticals 70.45 Bn 61.70 Bn 3.31 Bn 12.51%
7 Belite Bio 63.04 Bn 63.04 Bn - -
8 Argenx Se 55.79 Bn 50.60 Bn 1.41 Bn 33.09%
9 Alnylam Pharmaceuticals 37.79 Bn 34.78 Bn 959.66 Mn 7.07%
10 Ovid Therapeutics 121.66 Mn -33.86 Mn - -

Historic Data

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