Regenxbio (RGNX) Tax Rate (2018 - 2022)

Regenxbio's (RGNX) quarterly Tax Rate came in at 26.7% in Q4 2022, down 3106.0% year-on-year from 0.89% in Q4 2021, and down 50096.23% quarter-over-quarter from 0.05% in Q1 2022.

Regenxbio (RGNX) Tax Rate (2018 - 2022) Analysis & Trends

Regenxbio's Tax Rate history runs 5 years deep, the most recent figure standing at 26.7% for Q4 2022.

  • On a quarterly basis, Tax Rate fell 3106.0% year-over-year to 26.7% in Q4 2022; TTM through Dec 2022 was 92007.81%, a 9199832.0% increase from a year earlier, with the FY2024 full-year figure at 1.54%, down 160.0% from the prior year.
  • Tax Rate fell to 26.7% in Q4 2022 per RGNX's latest filing, from 0.05% in the prior quarter.
  • Across five years, Tax Rate topped out at 69.82% in Q4 2019 and bottomed at 26.7% in Q4 2022.
  • The 5-year median for Tax Rate is 0.97% (2019), against an average of 7.39%.
  • Across the five-year window, Tax Rate jumped 4247 bps in 2019 and sank 8400 bps in 2020, its largest moves.
  • Year by year, Tax Rate stood at 27.35% in 2018, then jumped by 155 bps to 69.82% in 2019, then slumped by 120 bps to 14.18% in 2020, then soared by 131 bps to 4.36% in 2021, then tumbled by 712 bps to 26.7% in 2022.
  • Per Business Quant, the three latest RGNX Tax Rate figures stand at 26.7% (Q4 2022), 0.05% (Q1 2022), and 4.36% (Q4 2021).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -0.34
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 5.61
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 12.29
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 17.68
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 12.51
7 Belite Bio 61.40 Bn 61.40 Bn - -
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -13.70
9 Revolution Medicines 37.37 Bn 37.37 Bn - -
10 Regenxbio 501.81 Mn 271.74 Mn 21.22 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2022 -26.70
Dec 31, 2022 -26.70
Dec 31, 2022 -26.70
Mar 31, 2022 0.05
Mar 31, 2022 0.05
Mar 31, 2022 0.05
Dec 31, 2021 4.36
Dec 31, 2021 4.36
Dec 31, 2021 4.36
Mar 31, 2021 -0.01
Mar 31, 2021 -0.01
Mar 31, 2021 -0.01
Dec 31, 2020 -14.18
Dec 31, 2020 -14.18
Dec 31, 2020 -14.18
Sep 30, 2020 -0.03
Sep 30, 2020 -0.03
Sep 30, 2020 -0.03
Jun 30, 2020 1.46
Jun 30, 2020 1.46