Regenxbio (RGNX) Tax Rate (2018 - 2022)
Regenxbio (RGNX) recorded quarterly Tax Rate of 0.02% in Q4 2022, down 136.53% quarter-over-quarter from 0.05% in Q1 2022, and down 438.0% on a YoY basis from 0.01% in Q4 2021.
Regenxbio (RGNX) Tax Rate (2018 - 2022) Analysis & Trends
Regenxbio's Tax Rate history runs 5 years deep, the most recent figure standing at 0.02% for Q4 2022.
- In Q4 2022, Tax Rate fell 438.0% year-over-year to 0.02%; the TTM figure through Dec 2022 stood at 131.25% (up 12176.0% YoY), while the FY2023 annual figure was 0.06%, down 13119.0% from the prior year.
- Tax Rate was 0.02% for Q4 2022 at Regenxbio, down from 0.05% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 27.05% in Q4 2018 to a low of 3.49% in Q4 2019.
- Historically, Tax Rate has averaged 5.68% across 5 years, with a median of 0.97% in 2019.
- The sharpest annual moves came in 2019 and 2020: Tax Rate slumped 3054 bps in 2019, then surged 1226 bps in 2020.
- A 5-year view of Tax Rate shows it stood at 27.05% in 2018, then sank by 113 bps to 3.49% in 2019, then surged by 352 bps to 8.77% in 2020, then sank by 50 bps to 4.36% in 2021, then slumped by 100 bps to 0.02% in 2022.
- The last three Tax Rate figures came in at 0.02% (Q4 2022), 0.05% (Q1 2022), and 4.36% (Q4 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 788,338.31 Bn | 788,338.28 Bn | - | - |
| 2 | Belite Bio | 56,560.00 Bn | 56,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,329.30 Bn | 17,329.30 Bn | - | - |
| 4 | Legend Biotech | 3,341.00 Bn | 3,340.71 Bn | 242.10 Mn | -57.14% |
| 5 | Akari Therapeutics | 1,727.91 Bn | 1,727.91 Bn | - | 5.61% |
| 6 | Evaxion A | 1,536.68 Bn | 1,536.67 Bn | - | -6.79% |
| 7 | Psyence Biomedical | 238.34 Bn | 238.33 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 113.42 Bn | 106.17 Bn | 2.59 Bn | 17.68% |
| 9 | Abivax | 95.45 Bn | 95.45 Bn | - | - |
| 10 | Regenxbio | 325.94 Mn | 95.87 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | -0.02% |
| Dec 31, 2022 | -0.02% |
| Mar 31, 2022 | 0.05% |
| Mar 31, 2022 | 0.05% |
| Dec 31, 2021 | 4.36% |
| Dec 31, 2021 | 4.36% |
| Mar 31, 2021 | -0.01% |
| Mar 31, 2021 | -0.01% |
| Dec 31, 2020 | 8.77% |
| Dec 31, 2020 | 8.77% |
| Sep 30, 2020 | -0.03% |
| Sep 30, 2020 | -0.03% |
| Jun 30, 2020 | 1.46% |
| Jun 30, 2020 | 1.46% |
| Dec 31, 2019 | -3.49% |
| Dec 31, 2019 | -3.49% |
| Sep 30, 2019 | 0.47% |
| Sep 30, 2019 | 0.47% |
| Jun 30, 2019 | 8.13% |
| Jun 30, 2019 | 8.13% |