Qiagen (QGEN) Current Taxes (2009 - 2020)
Qiagen (QGEN) posted Current Taxes of $57.27 million for the quarter ended Dec 31, 2020, up 69.1% from $33.86 million a year earlier and up 15.7% from the prior quarter.
Qiagen (QGEN) Current Taxes (2009 - 2020) Analysis & Trends
Since the quarter ended Mar 31, 2009, Qiagen has reported Current Taxes for 46 quarters.
- Annual Current Taxes has increased for three consecutive years, with a five-year compound annual growth rate of 21.6% (years ended Dec 2015 to Dec 2020).
- In prior years, Qiagen's Current Taxes was $33.86 million in the year ended Dec 31, 2019 (+12.7%), $30.05 million in the year ended Dec 31, 2018 (+39.9%), $21.47 million in the year ended Dec 31, 2017 (-20.2%) and $26.91 million in the year ended Dec 31, 2016 (+25.1%).
- Quarterly Current Taxes has run from a low of $10.68 million in the quarter ended Jun 30, 2017 to a high of $63.36 million in the quarter ended Jun 30, 2020 over five years.
- On a year-over-year basis, Current Taxes has increased in each of the last five quarters, with growth averaging 62.2% over the last eight quarters.
- The strongest year-over-year quarter for Current Taxes in the past five years was the quarter ended Sep 30, 2020, with growth of 142.6%; the weakest was the quarter ended Sep 30, 2016, with a decline of 62.6%.
- According to Business Quant data, Current Taxes for the three prior quarters was $49.47 million (quarter ended Sep 30, 2020), $63.36 million (quarter ended Jun 30, 2020) and $41.06 million (quarter ended Mar 31, 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | - |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 411.00 Mn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | - |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | - |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 1.06 Bn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 224.00 Mn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | - |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | - |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | - |
| 10 | Qiagen | 9.76 Bn | 5.53 Bn | 340.39 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2020 | 57.27 Mn |
| Sep 30, 2020 | 49.47 Mn |
| Jun 30, 2020 | 63.36 Mn |
| Mar 31, 2020 | 41.06 Mn |
| Dec 31, 2019 | 33.86 Mn |
| Sep 30, 2019 | 20.39 Mn |
| Jun 30, 2019 | 33.55 Mn |
| Mar 31, 2019 | 27.96 Mn |
| Dec 31, 2018 | 30.05 Mn |
| Sep 30, 2018 | 22.99 Mn |
| Jun 30, 2018 | 14.78 Mn |
| Mar 31, 2018 | 22.98 Mn |
| Dec 31, 2017 | 21.47 Mn |
| Sep 30, 2017 | 11.20 Mn |
| Jun 30, 2017 | 10.68 Mn |
| Mar 31, 2017 | 17.35 Mn |
| Dec 31, 2016 | 26.91 Mn |
| Sep 30, 2016 | 12.28 Mn |
| Jun 30, 2016 | 18.96 Mn |
| Mar 31, 2016 | 22.95 Mn |
Qiagen Current Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-taxes&ticker=QGEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "QGEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=QGEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();