Summit Therapeutics (SMMT) Tax Rate (2016 - 2020)
Summit Therapeutics filings provide 7 years of Tax Rate readings, the most recent being 0.15% for Q4 2020.
- Quarterly Tax Rate changed N/A to 0.15% in Q4 2020 from the year-ago period, while the trailing twelve-month figure was 0.03% through Sep 2021, up 143.0% year-over-year, with the annual reading at 0.4% for FY2020, 51.0% up from the prior year.
- Tax Rate hit 0.15% in Q4 2020 for Summit Therapeutics, down from 0.31% in the prior quarter.
- Across five years, Tax Rate topped out at 13.31% in Q3 2017 and bottomed at 45.42% in Q4 2017.
- Average Tax Rate over 5 years is 10.01%, with a median of 13.2% recorded in 2019.
- The largest annual shift saw Tax Rate crashed -2882bps in 2017 before it surged 3186bps in 2018.
- Summit Therapeutics' Tax Rate stood at 16.6% in 2016, then soared by 100bps to 0.01% in 2017, then tumbled by -114433bps to 13.56% in 2018, then soared by 31bps to 9.37% in 2019, then skyrocketed by 102bps to 0.15% in 2020.
- Per Business Quant, the three most recent readings for SMMT's Tax Rate are 0.15% (Q4 2020), 0.31% (Q3 2020), and 1.23% (Q2 2020).