Scynexis (SCYX) Tax Rate (2014 - 2024)
Scynexis (SCYX) reported Tax Rate of 0.52% for Q4 2024, down 1.0% on a YoY basis from 0.53% in Q1 2024, and down 104.23% quarter-over-quarter from 12.33% in Q3 2024.
Scynexis (SCYX) Tax Rate (2014 - 2024) Analysis & Trends
Scynexis has reported Tax Rate for 6 years, with the latest figure at 0.52% in Q4 2024.
- For the quarter ending Q4 2024, Tax Rate fell 1.0% year-over-year to 0.52%; the trailing twelve-month figure through Sep 2025 stood at 0.09% (up 56.0% YoY), and the FY2024 full-year result was 0.71%, down 86.0% from the prior year.
- Tax Rate for Q4 2024 stood at 0.52%, down from 12.33% in the prior quarter.
- The five-year high for Tax Rate was 166.85% in Q2 2021, with the low at 30.76% in Q1 2021.
- Historically, Tax Rate has averaged 26.42% across 5 years, with a median of 7.63% in 2021.
- Annual changes were most pronounced in 2021 — Tax Rate soared 13385 bps — and 2024, when it slipped 1 bps.
- Scynexis' Tax Rate stood at 0.1% in 2020, then soared by 140 bps to 0.04% in 2021, then jumped by 112909 bps to 46.3% in 2022, then sank by 101 bps to 0.51% in 2023, then retreated by 1 bps to 0.52% in 2024.
- The last three Tax Rate figures came in at 0.52% (Q4 2024), 12.33% (Q3 2024), and 56.37% (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 15.33% |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 20.71% |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 13.63% |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | -20.44% |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 19.81% |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 34.48% |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | -7.43% |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | 9.29% |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 24.29% |
| 10 | Scynexis | 225.23 Mn | 165.97 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -0.52% |
| Dec 31, 2024 | -0.52% |
| Sep 30, 2024 | 12.33% |
| Sep 30, 2024 | 12.33% |
| Mar 31, 2024 | 56.37% |
| Mar 31, 2024 | 56.37% |
| Dec 31, 2023 | -0.51% |
| Dec 31, 2023 | -0.51% |
| Mar 31, 2022 | 46.30% |
| Mar 31, 2022 | 46.30% |
| Dec 31, 2021 | 0.04% |
| Dec 31, 2021 | 0.04% |
| Sep 30, 2021 | 7.63% |
| Sep 30, 2021 | 7.63% |
| Jun 30, 2021 | 166.85% |
| Jun 30, 2021 | 166.85% |
| Mar 31, 2021 | -30.76% |
| Mar 31, 2021 | -30.76% |
| Dec 31, 2020 | -0.10% |
| Dec 31, 2020 | -0.10% |