Rani Therapeutics Holdings (RANI) Tax Rate (2020 - 2022)
Rani Therapeutics Holdings (RANI) posted quarterly Tax Rate of 0.06% for Q4 2022, down 24.0% year-over-year from 0.08% in Q4 2021, and down 90.26% quarter-over-quarter from 0.65% in Q3 2022.
Rani Therapeutics Holdings (RANI) Tax Rate (2020 - 2022) Analysis & Trends
Rani Therapeutics Holdings' Tax Rate history runs 3 years deep, the most recent figure standing at 0.06% for Q4 2022.
- In Q4 2022, Tax Rate fell 24.0% year-over-year to 0.06%; the TTM figure through Dec 2023 stood at 0.02% (up 17.0% YoY), while the FY2022 annual figure was 0.16%, down 8.0% from the prior year.
- Tax Rate for Q4 2022 stood at 0.06%, down from 0.65% in the prior quarter.
- The five-year high for Tax Rate was 0.65% in Q3 2022, with the low at 0.97% in Q2 2022.
- The 3-year median for Tax Rate is 0.17% (2020), against an average of 0.18%.
- Peak annual rise in Tax Rate reached 78 bps in 2022, while the deepest fall reached 96 bps in 2022.
- Rani Therapeutics Holdings' Tax Rate stood at 0.21% in 2020, then jumped by 243 bps to 0.3% in 2021, then sank by 79 bps to 0.06% in 2022.
- Business Quant data shows RANI's Tax Rate at 0.06% in Q4 2022, 0.65% in Q3 2022, and 0.97% in Q2 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 137.11 Bn | 129.26 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 84.98 Bn | 76.99 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 64.52 Bn | 59.33 Bn | 1.37 Bn | 10.91% |
| 4 | Moderna | 53.23 Bn | 48.09 Bn | 52.00 Mn | -1.96% |
| 5 | BeOne Medicines | 41.23 Bn | 36.14 Bn | 1.53 Bn | 24.15% |
| 6 | Alnylam Pharmaceuticals | 30.65 Bn | 27.34 Bn | 992.69 Mn | 7.49% |
| 7 | Insmed | 27.15 Bn | 25.99 Bn | 358.27 Mn | -16.71% |
| 8 | Royalty Pharma | 26.98 Bn | 26.14 Bn | - | - |
| 9 | BioNTech SE | 26.78 Bn | 8.39 Bn | 668.28 Mn | 34.12% |
| 10 | Rani Therapeutics Holdings | 160.33 Mn | 160.33 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 0.06% |
| Dec 31, 2022 | 0.06% |
| Dec 31, 2022 | 0.06% |
| Sep 30, 2022 | 0.65% |
| Sep 30, 2022 | 0.65% |
| Sep 30, 2022 | 0.65% |
| Jun 30, 2022 | -0.97% |
| Jun 30, 2022 | -0.97% |
| Jun 30, 2022 | -0.97% |
| Mar 31, 2022 | -0.46% |
| Mar 31, 2022 | -0.46% |
| Mar 31, 2022 | -0.46% |
| Dec 31, 2021 | 0.30% |
| Dec 31, 2021 | 0.30% |
| Dec 31, 2021 | 0.30% |
| Sep 30, 2021 | -0.13% |
| Sep 30, 2021 | -0.13% |
| Sep 30, 2021 | -0.13% |
| Jun 30, 2021 | -0.02% |
| Jun 30, 2021 | -0.02% |