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
DateValue
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%