Processa Pharmaceuticals (PCSA) Tax Rate (2012 - 2021)
Processa Pharmaceuticals' (PCSA) quarterly Tax Rate came in at 5.4% in Q4 2021, down 144.0% YoY from 12.27% in Q4 2020, and up 37.15% on a QoQ basis from 3.94% in Q3 2021.
Processa Pharmaceuticals (PCSA) Tax Rate (2012 - 2021) Analysis & Trends
Processa Pharmaceuticals (PCSA) has 8 years of Tax Rate data on file, last reported at 5.4% in Q4 2021.
- Quarterly Tax Rate fell 144.0% year-over-year to 5.4% in Q4 2021, while the trailing twelve-month figure through Dec 2021 was 4.44% (down 206.0% YoY) and the FY2025 annual result came in at 793.54%, up 78937.0% from the prior year.
- Tax Rate advanced to 5.4% in Q4 2021, from 3.94% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 20.43% in Q1 2018 to a low of 41.1% in Q4 2017.
- A 5-year average of 8.17% and a median of 11.74% in 2020 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2018 — Tax Rate soared 5885 bps — and 2020, when it slumped 1182 bps.
- Tracing PCSA's Tax Rate over 5 years: stood at 41.1% in 2017, then jumped by 143 bps to 17.75% in 2018, then slipped by 3 bps to 17.17% in 2019, then slumped by 60 bps to 6.84% in 2020, then fell by 21 bps to 5.4% in 2021.
- The last three Tax Rate figures came in at 5.4% (Q4 2021), 3.94% (Q3 2021), and 4.16% (Q2 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 137.11 Bn | 129.26 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 84.98 Bn | 76.99 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 64.52 Bn | 59.33 Bn | 1.37 Bn | 10.91% |
| 4 | Moderna | 53.23 Bn | 48.09 Bn | 52.00 Mn | -1.96% |
| 5 | BeOne Medicines | 41.23 Bn | 36.14 Bn | 1.53 Bn | 24.15% |
| 6 | Alnylam Pharmaceuticals | 30.65 Bn | 27.34 Bn | 992.69 Mn | 7.49% |
| 7 | Insmed | 27.15 Bn | 25.99 Bn | 358.27 Mn | -16.71% |
| 8 | Royalty Pharma | 26.98 Bn | 26.14 Bn | - | - |
| 9 | BioNTech SE | 26.78 Bn | 8.39 Bn | 668.28 Mn | 34.12% |
| 10 | Processa Pharmaceuticals | 5.93 Mn | 5.93 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 5.40% |
| Dec 31, 2021 | 5.40% |
| Dec 31, 2021 | 5.40% |
| Sep 30, 2021 | 3.94% |
| Sep 30, 2021 | 3.94% |
| Sep 30, 2021 | 3.94% |
| Jun 30, 2021 | 4.16% |
| Jun 30, 2021 | 4.16% |
| Jun 30, 2021 | 4.16% |
| Mar 31, 2021 | 4.08% |
| Mar 31, 2021 | 4.08% |
| Mar 31, 2021 | 4.08% |
| Dec 31, 2020 | 6.84% |
| Dec 31, 2020 | 6.84% |
| Dec 31, 2020 | 6.84% |
| Sep 30, 2020 | 2.24% |
| Sep 30, 2020 | 2.24% |
| Sep 30, 2020 | 2.24% |
| Jun 30, 2020 | 10.70% |
| Jun 30, 2020 | 10.70% |