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
DateValue
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