Qiagen (QGEN) Change in Taxes (2014 - 2020)
Qiagen (QGEN) posted Change in Taxes of -$36.6 million for Q3 2020, down 270.83% sequentially from $21.4 million in Q2 2020, and up 39.84% YoY from -$26.1 million in Q4 2019.
Qiagen (QGEN) Change in Taxes (2014 - 2020) Analysis & Trends
Qiagen has reported Change in Taxes for 7 years, with the latest figure at -$36.6 million in Q3 2020.
- Quarterly Change in Taxes rose 39.84% year-over-year to -$36.6 million in Q3 2020, while the trailing twelve-month figure through Sep 2020 was $68.9 million (up 222.95% YoY) and the FY2019 annual result came in at -$6.8 million, down 147.63% from the prior year.
- Change in Taxes slipped to -$36.6 million in Q3 2020 per QGEN's latest filing, from $21.4 million in the prior quarter.
- Over five years, Change in Taxes peaked at $67.1 million in Q4 2019 and troughed at -$60.8 million in Q3 2019.
- A 5-year average of -$871842.1 and a median of -$3.0 million in 2017 frame the typical range for Change in Taxes.
- The sharpest annual moves came in 2017 and 2020: Change in Taxes sank 1830.18% in 2017, then soared 538.35% in 2020.
- Over 5 years, Change in Taxes stood at $16.6 million in 2016, then plunged by 183.47% to -$13.9 million in 2017, then soared by 229.0% to $17.9 million in 2018, then surged by 275.49% to $67.1 million in 2019, then tumbled by 154.49% to -$36.6 million in 2020.
- According to Business Quant data, Change in Taxes over the past three periods registered -$36.6 million, $21.4 million, and $16.9 million for Q3 2020, Q2 2020, and Q1 2020 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 234.15 Bn | 230.09 Bn | 8.34 Bn | - |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | - |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | - |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | - |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | - |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | - |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | - |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 27.51 Mn |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | - |
| 10 | Qiagen | 9.49 Bn | 8.72 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 2.91 Mn |
| Dec 31, 2020 | 2.91 Mn |
| Sep 30, 2020 | -36.57 Mn |
| Sep 30, 2020 | -36.57 Mn |
| Jun 30, 2020 | 21.40 Mn |
| Jun 30, 2020 | 21.40 Mn |
| Mar 31, 2020 | 16.93 Mn |
| Mar 31, 2020 | 16.93 Mn |
| Dec 31, 2019 | 67.11 Mn |
| Dec 31, 2019 | 67.11 Mn |
| Sep 30, 2019 | -60.78 Mn |
| Sep 30, 2019 | -60.78 Mn |
| Jun 30, 2019 | 3.35 Mn |
| Jun 30, 2019 | 3.35 Mn |
| Mar 31, 2019 | -16.47 Mn |
| Mar 31, 2019 | -16.47 Mn |
| Dec 31, 2018 | 17.87 Mn |
| Dec 31, 2018 | 17.87 Mn |
| Sep 30, 2018 | 4.78 Mn |
| Sep 30, 2018 | 4.78 Mn |