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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 128.13 Bn | 120.28 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 112.33 Bn | 104.33 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 53.24 Bn | 48.05 Bn | 1.41 Bn | 10.91% |
| 4 | Revolution Medicines | 43.64 Bn | 43.64 Bn | - | - |
| 5 | BeOne Medicines | 39.27 Bn | 34.17 Bn | 1.53 Bn | 24.15% |
| 6 | MindWalk Holdings | 35.32 Bn | 35.31 Bn | 1.82 Bn | -9.47% |
| 7 | Royalty Pharma | 33.72 Bn | 35.84 Bn | - | - |
| 8 | Alnylam Pharmaceuticals | 30.58 Bn | 27.27 Bn | 992.69 Mn | 7.49% |
| 9 | Insmed | 27.01 Bn | 25.85 Bn | 358.27 Mn | -16.71% |
| 10 | Regenxbio | 583.35 Mn | 477.83 Mn | 106.98 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% |