Arcus Biosciences (RCUS) Tax Rate (2021 - 2024)
Arcus Biosciences (RCUS) posted quarterly Tax Rate of 1.08% for Q4 2024, up 17.0% year-over-year from 0.92% in Q1 2024, and up 13.98% quarter-over-quarter from 1.25% in Q4 2023.
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 for Q4 2024 stood at 1.08%, up from 1.25% in the prior quarter.
- The five-year high for Tax Rate was 0.71% in Q4 2021, with the low at 2.9% in Q3 2023.
- The 4-year median for Tax Rate is 1.35% (2023), against an average of 1.42%.
- The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 107 bps in 2023, then grew 17 bps in 2024.
- Arcus Biosciences' Tax Rate stood at 0.71% in 2021, then tumbled by 310 bps to 1.49% in 2022, then gained by 16 bps to 1.25% in 2023, then increased by 14 bps to 1.08% in 2024.
- Business Quant data shows RCUS's Tax Rate at 1.08% in Q4 2024, 1.25% in Q4 2023, and 2.9% in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 128.13 Bn | 120.28 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 112.33 Bn | 104.33 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 53.24 Bn | 48.05 Bn | 1.41 Bn | 10.91% |
| 4 | Revolution Medicines | 43.64 Bn | 43.64 Bn | - | - |
| 5 | BeOne Medicines | 39.27 Bn | 34.17 Bn | 1.53 Bn | 24.15% |
| 6 | MindWalk Holdings | 35.32 Bn | 35.31 Bn | 1.82 Bn | -9.47% |
| 7 | Royalty Pharma | 33.72 Bn | 35.84 Bn | - | - |
| 8 | Alnylam Pharmaceuticals | 30.58 Bn | 27.27 Bn | 992.69 Mn | 7.49% |
| 9 | Insmed | 27.01 Bn | 25.85 Bn | 358.27 Mn | -16.71% |
| 10 | Arcus Biosciences | 3.74 Bn | 3.04 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -1.08% |
| Dec 31, 2024 | -1.08% |
| Dec 31, 2024 | -1.08% |
| Dec 31, 2023 | -1.25% |
| Dec 31, 2023 | -1.25% |
| Dec 31, 2023 | -1.25% |
| Sep 30, 2023 | -2.90% |
| Sep 30, 2023 | -2.90% |
| Sep 30, 2023 | -2.90% |
| Jun 30, 2023 | -1.35% |
| Jun 30, 2023 | -1.35% |
| Jun 30, 2023 | -1.35% |
| Mar 31, 2023 | -2.56% |
| Mar 31, 2023 | -2.56% |
| Mar 31, 2023 | -2.56% |
| Mar 31, 2022 | -1.49% |
| Mar 31, 2022 | -1.49% |
| Mar 31, 2022 | -1.49% |
| Dec 31, 2021 | 0.71% |
| Dec 31, 2021 | 0.71% |