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| Date | Value |
|---|---|
| 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 |