Regenxbio (RGNX) Tax Rate (2018 - 2022)
Regenxbio (RGNX) posted quarterly Tax Rate of 26.7% for Q4 2022, down 3106.0% year-over-year from 0.89% in Q4 2021, and down 50096.23% quarter-over-quarter from 0.05% in Q1 2022.
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Analysis
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.
- In Q4 2022, Tax Rate fell 3106.0% year-over-year to 26.7%; the TTM figure through Dec 2022 stood at 92007.81% (up 9199832.0% YoY), while the FY2024 annual figure was 1.54%, down 160.0% from the prior year.
- Tax Rate for Q4 2022 stood at 26.7%, down from 0.05% in the prior quarter.
- The five-year high for Tax Rate was 69.82% in Q4 2019, with the low at 26.7% in Q4 2022.
- The 5-year median for Tax Rate is 0.97% (2019), against an average of 7.39%.
- The sharpest annual moves came in 2019 and 2020: Tax Rate jumped 4247 bps in 2019, then plunged 8400 bps in 2020.
- Regenxbio's Tax Rate stood at 27.35% in 2018, then soared by 155 bps to 69.82% in 2019, then tumbled by 120 bps to 14.18% in 2020, then surged by 131 bps to 4.36% in 2021, then plunged by 712 bps to 26.7% in 2022.
- Business Quant data shows RGNX's Tax Rate at 26.7% in Q4 2022, 0.05% in Q1 2022, and 4.36% in Q4 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.51 Bn | 130.66 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 85.24 Bn | 77.25 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 63.46 Bn | 58.28 Bn | 1.37 Bn | -10.89% |
| 4 | Moderna | 57.89 Bn | 52.75 Bn | 52.00 Mn | -1.96% |
| 5 | Revolution Medicines | 44.02 Bn | 44.02 Bn | - | - |
| 6 | BeOne Medicines | 39.95 Bn | 34.85 Bn | 1.53 Bn | 24.15% |
| 7 | Alnylam Pharmaceuticals | 35.49 Bn | 32.19 Bn | 992.69 Mn | 7.49% |
| 8 | Royalty Pharma | 28.43 Bn | 27.59 Bn | - | - |
| 9 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | -16.71% |
| 10 | Regenxbio | 472.74 Mn | 367.22 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 98.11% |
| Mar 31, 2022 | 0.05% |
| Dec 31, 2021 | 9.65% |
| Mar 31, 2021 | -0.01% |
| Dec 31, 2020 | 53.73% |
| Sep 30, 2020 | -0.03% |
| Jun 30, 2020 | 1.46% |
| Dec 31, 2019 | 69.69% |
| Sep 30, 2019 | 0.47% |
| Jun 30, 2019 | 8.13% |
| Mar 31, 2019 | -0.22% |
| Dec 31, 2018 | 322.16% |
| Sep 30, 2018 | 6.30% |
| Jun 30, 2018 | 26.65% |