Palvella Therapeutics (PVLA) Tax Rate (2014 - 2018)
Palvella Therapeutics' (PVLA) quarterly Tax Rate came in at 1.38% in Q4 2018, down 50.0% year-on-year from 2.77% in Q4 2017, and down 96.72% on a QoQ basis from 42.17% in Q2 2018.
Palvella Therapeutics (PVLA) Tax Rate (2014 - 2018) Analysis & Trends
Palvella Therapeutics (PVLA) has 4 years of Tax Rate data on file, last reported at 1.38% in Q4 2018.
- On a quarterly basis, Tax Rate fell 50.0% year-over-year to 1.38% in Q4 2018; TTM through Sep 2019 was 0.45%, a 40.0% increase from a year earlier, with the FY2020 full-year figure at 0.44%, changed N/A from the prior year.
- Tax Rate for Q4 2018 stood at 1.38%, down from 42.17% in the prior quarter.
- Over the last five years, Tax Rate for PVLA reached as high as 42.17% in Q2 2018 and fell as low as 8.78% in Q2 2017.
- Historically, Tax Rate has averaged 2.75% across 4 years, with a median of 0.0% in 2014.
- Across the five-year window, Tax Rate plunged 104 bps in 2015 and surged 5095 bps in 2018, its largest moves.
- Year by year, Tax Rate stood at 0.0% in 2014, then sank by 1884651 bps to 5.97% in 2015, then soared by 132 bps to 1.89% in 2017, then retreated by 27 bps to 1.38% in 2018.
- Per Business Quant data, the three most recent Tax Rate figures were 1.38% in Q4 2018, 42.17% in Q2 2018, and 1.89% in Q4 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -0.34 |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 5.61 |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 12.29 |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 17.68 |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 12.51 |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | - |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -13.70 |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | - |
| 10 | Palvella Therapeutics | 1.84 Bn | 1.57 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 1.38 |
| Dec 31, 2018 | 1.38 |
| Dec 31, 2018 | 1.38 |
| Jun 30, 2018 | 42.17 |
| Jun 30, 2018 | 42.17 |
| Jun 30, 2018 | 42.17 |
| Dec 31, 2017 | 1.89 |
| Dec 31, 2017 | 1.89 |
| Dec 31, 2017 | 1.89 |
| Sep 30, 2017 | -2.11 |
| Sep 30, 2017 | -2.11 |
| Sep 30, 2017 | -2.11 |
| Jun 30, 2017 | -8.78 |
| Jun 30, 2017 | -8.78 |
| Jun 30, 2017 | -8.78 |
| Dec 31, 2015 | -5.97 |
| Dec 31, 2015 | -5.97 |
| Dec 31, 2015 | -5.97 |
| Sep 30, 2015 | -1.04 |
| Sep 30, 2015 | -1.04 |