Arcus Biosciences (RCUS) Tax Rate (2021 - 2024)
Arcus Biosciences (RCUS) recorded quarterly Tax Rate of 1.08% in Q4 2024, up 13.98% quarter-over-quarter from 1.25% in Q4 2023, and up 17.0% on a YoY basis from 0.92% in Q1 2024.
Arcus Biosciences (RCUS) Tax Rate (2021 - 2024) Analysis & Trends
Arcus Biosciences' Tax Rate history runs 4 years deep, the most recent figure standing at 1.08% for Q4 2024.
- In Q4 2024, Tax Rate rose 17.0% year-over-year to 1.08%; the TTM figure through Sep 2025 stood at 0.29% (up 8.0% YoY), while the FY2024 annual figure was 0.35%, up 164.0% from the prior year.
- Tax Rate was 1.08% for Q4 2024 at Arcus Biosciences, up from 1.25% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 0.71% in Q4 2021 to a low of 2.9% in Q3 2023.
- Historically, Tax Rate has averaged 1.42% across 4 years, with a median of 1.35% in 2023.
- The sharpest annual moves came in 2023 and 2024: Tax Rate tumbled 107 bps in 2023, then increased 17 bps in 2024.
- A 4-year view of Tax Rate shows it stood at 0.71% in 2021, then plunged by 310 bps to 1.49% in 2022, then advanced by 16 bps to 1.25% in 2023, then rose by 14 bps to 1.08% in 2024.
- The last three Tax Rate figures came in at 1.08% (Q4 2024), 1.25% (Q4 2023), and 2.9% (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -57.14 |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -6.79 |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 5.61 |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 17.68 |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Arcus Biosciences | 3.05 Bn | 2.23 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -1.08% |
| Dec 31, 2024 | -1.08% |
| Dec 31, 2023 | -1.25% |
| Dec 31, 2023 | -1.25% |
| Sep 30, 2023 | -2.90% |
| Sep 30, 2023 | -2.90% |
| Jun 30, 2023 | -1.35% |
| Jun 30, 2023 | -1.35% |
| Mar 31, 2023 | -2.56% |
| Mar 31, 2023 | -2.56% |
| Mar 31, 2022 | -1.49% |
| Mar 31, 2022 | -1.49% |
| Dec 31, 2021 | 0.71% |
| Dec 31, 2021 | 0.71% |