Processa Pharmaceuticals (PCSA) Tax Rate (2012 - 2021)

Processa Pharmaceuticals (PCSA) has reported Tax Rate for 8 consecutive years, with 5.4% the latest figure, recorded in Q4 2021.

• For the quarter ending Q4 2021, Tax Rate fell 144.0% year-over-year to 5.4%; the trailing twelve-month figure through Dec 2021 stood at 4.44% (down 206.0% YoY), and the FY2025 full-year result was 21.0%, changed 0.0% from the prior year.
• Tax Rate rose to 5.4% in Q4 2021 per PCSA's latest filing, from 3.94% in the prior quarter.
• Across five years, Tax Rate topped out at 20.43% in Q1 2018 and bottomed at 41.1% in Q4 2017.
• Historically, Tax Rate has averaged 8.17% across 5 years, with a median of 11.74% in 2020.
• The sharpest annual moves came in 2018 and 2020: Tax Rate jumped 5885 bps in 2018, then tumbled 1182 bps in 2020.
• Over 5 years, Tax Rate stood at 41.1% in 2017, then soared by 143 bps to 17.75% in 2018, then declined by 3 bps to 17.17% in 2019, then plunged by 60 bps to 6.84% in 2020, then decreased by 21 bps to 5.4% in 2021.
• According to Business Quant data, Tax Rate over the past three periods registered 5.4%, 3.94%, and 4.16% for Q4 2021, Q3 2021, and Q2 2021 respectively.