Palatin Technologies (PTN) Tax Rate (2010 - 2023)
Palatin Technologies' (PTN) quarterly Tax Rate came in at 95.22% in Q2 2023, up 140.07% on a QoQ basis from 237.6% in Q4 2022.
Palatin Technologies (PTN) Tax Rate (2010 - 2023) Analysis & Trends
Palatin Technologies (PTN) has 8 years of Tax Rate data on file, last reported at 95.22% in Q2 2023.
- Quarterly Tax Rate changed N/A year-over-year to 95.22% in Q2 2023, while the trailing twelve-month figure through Jun 2024 was 30.58% (up 1453.0% YoY) and the FY2023 annual result came in at 16.28%, changed N/A from the prior year.
- Tax Rate improved to 95.22% in Q2 2023, from 237.6% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 95.22% in Q2 2023 to a low of 237.6% in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.13 Bn | 131.28 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 85.77 Bn | 77.77 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 64.64 Bn | 59.46 Bn | 1.37 Bn | 10.91% |
| 4 | Moderna | 58.29 Bn | 53.16 Bn | 52.00 Mn | -1.96% |
| 5 | BeOne Medicines | 41.92 Bn | 36.82 Bn | 1.53 Bn | 24.15% |
| 6 | Alnylam Pharmaceuticals | 31.58 Bn | 28.28 Bn | 992.69 Mn | 7.49% |
| 7 | BioNTech SE | 28.12 Bn | 9.73 Bn | 668.28 Mn | 34.12% |
| 8 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | -16.71% |
| 9 | Royalty Pharma | 27.27 Bn | 26.43 Bn | - | - |
| 10 | Palatin Technologies | 40.37 Mn | 40.37 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 95.22% |
| Jun 30, 2023 | 95.22% |
| Jun 30, 2023 | 95.22% |
| Dec 31, 2022 | -237.60% |
| Dec 31, 2022 | -237.60% |
| Dec 31, 2022 | -237.60% |
| Jun 30, 2018 | 2.28% |
| Jun 30, 2018 | 2.28% |
| Jun 30, 2018 | 2.28% |
| Mar 31, 2018 | -2.51% |
| Mar 31, 2018 | -2.51% |
| Mar 31, 2018 | -2.51% |
| Dec 31, 2017 | 15.17% |
| Dec 31, 2017 | 15.17% |
| Dec 31, 2017 | 15.17% |
| Sep 30, 2017 | 2.08% |
| Sep 30, 2017 | 2.08% |
| Sep 30, 2017 | 2.08% |
| Jun 30, 2017 | 3.62% |
| Jun 30, 2017 | 3.62% |