Spyre Therapeutics (SYRE) Tax Rate (2021 - 2025)
Spyre Therapeutics (SYRE) posted Tax Rate of 0.03% for Q1 2025, up 1985.38% on a QoQ basis from 0.0% in Q4 2024, and up 11.0% year-over-year from 0.03% in Q1 2024.
Spyre Therapeutics (SYRE) Tax Rate (2021 - 2025) Analysis & Trends
Spyre Therapeutics' Tax Rate history runs 5 years deep, the most recent figure standing at 0.03% for Q1 2025.
- Quarterly Tax Rate rose 11.0% year-over-year to 0.03% in Q1 2025, while the trailing twelve-month figure through Dec 2025 was 0.01% (up 3.0% YoY) and the FY2025 annual result came in at 0.01%, up 3.0% from the prior year.
- Tax Rate was 0.03% for Q1 2025 at Spyre Therapeutics, up from 0.0% in the prior quarter.
- Across five years, Tax Rate topped out at 1.13% in Q3 2022 and bottomed at 1.37% in Q2 2021.
- A 5-year average of 0.05% and a median of 0.03% in 2024 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate soared 133 bps — and 2023, when it plunged 114 bps.
- Spyre Therapeutics' Tax Rate stood at 0.11% in 2021, then tumbled by 80 bps to 0.2% in 2022, then jumped by 96 bps to 0.01% in 2023, then soared by 76 bps to 0.0% in 2024, then jumped by 1985 bps to 0.03% in 2025.
- Business Quant data shows SYRE's Tax Rate at 0.03% in Q1 2025, 0.0% in Q4 2024, and 0.03% in Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -0.34% |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 12.29% |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -5.41% |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 17.68% |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 12.51% |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 33.09% |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Spyre Therapeutics | 257.83 Mn | 257.83 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2025 | 0.03% |
| Mar 31, 2025 | 0.03% |
| Mar 31, 2025 | 0.03% |
| Dec 31, 2024 | 0.00% |
| Dec 31, 2024 | 0.00% |
| Dec 31, 2024 | 0.00% |
| Sep 30, 2024 | -0.03% |
| Sep 30, 2024 | -0.03% |
| Sep 30, 2024 | -0.03% |
| Mar 31, 2024 | -0.07% |
| Mar 31, 2024 | -0.07% |
| Mar 31, 2024 | -0.07% |
| Sep 30, 2023 | -0.01% |
| Sep 30, 2023 | -0.01% |
| Sep 30, 2023 | -0.01% |
| Jun 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 0.20% |
| Mar 31, 2023 | 0.20% |