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Terns Pharmaceuticals (TERN) Tax Rate (2020 - 2023)

Terns Pharmaceuticals (TERN) has disclosed Tax Rate for 4 consecutive years, with 0.4% as the latest value for Q2 2023.

  • For the quarter ending Q2 2023, Tax Rate changed N/A year-over-year to 0.4%, compared with a TTM value of 0.57% through Jun 2023, changed N/A, and an annual FY2024 reading of 0.29%, down 51986.0% over the prior year.
  • Tax Rate was 0.4% for Q2 2023 at Terns Pharmaceuticals, down from 0.28% in the prior quarter.
  • Across five years, Tax Rate topped out at 0.08% in Q3 2022 and bottomed at 6.84% in Q4 2020.
  • Average Tax Rate over 4 years is 1.39%, with a median of 0.35% recorded in 2021.
  • The sharpest move saw Tax Rate skyrocketed 371bps in 2021, then increased 9bps in 2022.
  • Year by year, Tax Rate stood at 6.84% in 2020, then soared by 54bps to 3.13% in 2021, then surged by 46bps to 1.7% in 2022, then soared by 76bps to 0.4% in 2023.
  • Business Quant data shows Tax Rate for TERN at 0.4% in Q2 2023, 0.28% in Q1 2023, and 1.7% in Q4 2022.