Puma Biotechnology (PBYI) Tax Rate (2021 - 2024)
Puma Biotechnology (PBYI) reported Tax Rate of 1.41% for Q3 2024, down 2.13 percentage points from 3.54% a year earlier but up 10.52 percentage points from the prior quarter.
Puma Biotechnology (PBYI) Tax Rate (2021 - 2024) Analysis & Trends
Over the twelve months ended Sep 30, 2024, Puma Biotechnology's Tax Rate came in at 5.78%, down 12.67 percentage points year-over-year; for FY2023, it was 4.78%, down 94.79 percentage points from FY2022.
- Tax Rate has a five-year change of +4.79 percentage points (FY2018 to FY2023).
- By year, Tax Rate came in at 99.56% in FY2022 (+100.69 pp), -1.12% in FY2021 (-0.78 pp), -0.35% in FY2020 (-0.28 pp) and -0.07% in FY2019 (-0.06 pp).
- Five-year quarterly Tax Rate spans a low of -22.87% in Q3 2022 and a high of 9.50% in Q1 2023.
- Year over year, Tax Rate has now declined in each of the last three quarters, with an average year-over-year change of +1.29 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q3 2023 (a gain of 26.41 percentage points); the low point was Q3 2022 (a drop of 22.78 percentage points).
- Per Business Quant data, the three quarters before Q3 2024 came in at -9.11% (Q2 2024), -4.79% (Q1 2024) and 4.19% (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | - |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | - |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 20.98% |
| 10 | Puma Biotechnology | 507.45 Mn | 120.09 Mn | 44.03 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 1.41% |
| Dec 31, 2023 | 4.19% |
| Sep 30, 2023 | 3.54% |
| Jun 30, 2023 | 8.08% |
| Mar 31, 2023 | 9.50% |
| Jun 30, 2022 | 0.60% |
| Dec 31, 2021 | 4.78% |
| Mar 31, 2021 | 0.23% |
Puma Biotechnology Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=PBYI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "PBYI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=PBYI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();