Soligenix (SNGX) Tax Rate (2019 - 2023)
Soligenix (SNGX) has disclosed Tax Rate for 5 consecutive years, with 25.0% as the latest value for Q4 2023.
- For the quarter ending Q4 2023, Tax Rate changed N/A year-over-year to 25.0%, compared with a TTM value of 22.35% through Dec 2023, up 2041.0%, and an annual FY2024 reading of 4.72%, down 1764.0% over the prior year.
- Tax Rate was 25.0% for Q4 2023 at Soligenix, down from 52.61% in the prior quarter.
- Across five years, Tax Rate topped out at 52.61% in Q1 2023 and bottomed at 18.38% in Q4 2021.
- Average Tax Rate over 5 years is 23.04%, with a median of 26.07% recorded in 2023.
- The sharpest move saw Tax Rate tumbled -1720bps in 2020, then surged 130bps in 2022.
- Year by year, Tax Rate stood at 27.14% in 2019, then crashed by -63bps to 9.94% in 2020, then plummeted by -285bps to 18.38% in 2021, then skyrocketed by 277bps to 32.61% in 2022, then dropped by -23bps to 25.0% in 2023.
- Business Quant data shows Tax Rate for SNGX at 25.0% in Q4 2023, 52.61% in Q1 2023, and 32.61% in Q2 2022.