Summit Therapeutics (SMMT) Tax Rate (2018)
Summit Therapeutics (SMMT) reported Tax Rate of 0.15% for Q4 2020, down 13.15 percentage points from 13.31% a year earlier and down 0.16 percentage points from the prior quarter.
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Analysis
Summit Therapeutics (SMMT) Tax Rate (2018) Analysis & Trends
For FY2020, Summit Therapeutics posted Tax Rate of 0.40%, up 0.53 percentage points from FY2019.
- Tax Rate has a four-year change of +13.59 percentage points (FY2016 to FY2020).
- By year, Tax Rate came in at -0.12% in FY2019, -19.66% in FY2018, 16.87% in FY2017 (+30.05 pp) and -13.18% in FY2016.
- Five-year quarterly Tax Rate spans a low of -0.72% in Q1 2020 and a high of 17.07% in Q2 2019.
- Per Business Quant data, the three quarters before Q4 2020 came in at 0.31% (Q3 2020), 1.23% (Q2 2020) and -0.72% (Q1 2020).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,167.88 Bn | 1,136.47 Bn | 19.71 Bn | 23.27% |
| 2 | Johnson & Johnson | 648.57 Bn | 568.43 Bn | 17.30 Bn | - |
| 3 | AbbVie | 504.09 Bn | 477.21 Bn | 12.70 Bn | 15.47% |
| 4 | Merck | 366.15 Bn | 320.53 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 303.24 Bn | 267.23 Bn | 11.24 Bn | 23.71% |
| 6 | Astrazeneca | 268.72 Bn | 242.40 Bn | 12.86 Bn | 10.40% |
| 7 | Amgen | 242.67 Bn | 198.06 Bn | 7.24 Bn | 14.20% |
| 8 | Gilead Sciences | 195.02 Bn | 169.22 Bn | 6.22 Bn | - |
| 9 | Pfizer | 172.77 Bn | 119.41 Bn | 10.94 Bn | - |
| 10 | Summit Therapeutics | 11.97 Bn | 9.73 Bn | - | - |
API Access
Summit Therapeutics Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=SMMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SMMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SMMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();