Instil Bio (TIL) Tax Rate (2020 - 2022)
Instil Bio (TIL) posted quarterly Tax Rate of 1.11% for Q4 2022, up 306.0% year-over-year from 0.27% in Q4 2021, and up 69.5% quarter-over-quarter from 0.66% in Q3 2022.
Instil Bio (TIL) Tax Rate (2020 - 2022) Analysis & Trends
Instil Bio's Tax Rate history runs 3 years deep, the most recent figure standing at 1.11% for Q4 2022.
- In Q4 2022, Tax Rate rose 306.0% year-over-year to 1.11%; the TTM figure through Sep 2023 stood at 0.31% (up 12.0% YoY), while the FY2022 annual figure was 0.92%, up 95.0% from the prior year.
- Tax Rate for Q4 2022 stood at 1.11%, up from 0.66% in the prior quarter.
- The five-year high for Tax Rate was 1.51% in Q3 2021, with the low at 1.95% in Q4 2021.
- The 3-year median for Tax Rate is 0.87% (2021), against an average of 0.41%.
- The sharpest annual moves came in 2021 and 2022: Tax Rate slumped 107 bps in 2021, then surged 306 bps in 2022.
- Instil Bio's Tax Rate stood at 0.89% in 2020, then plunged by 120 bps to 1.95% in 2021, then jumped by 157 bps to 1.11% in 2022.
- Business Quant data shows TIL's Tax Rate at 1.11% in Q4 2022, 0.66% in Q3 2022, and 1.02% in Q2 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 137.11 Bn | 129.26 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 84.98 Bn | 76.99 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 64.52 Bn | 59.33 Bn | 1.37 Bn | 10.91% |
| 4 | Moderna | 53.23 Bn | 48.09 Bn | 52.00 Mn | -1.96% |
| 5 | BeOne Medicines | 41.23 Bn | 36.14 Bn | 1.53 Bn | 24.15% |
| 6 | Alnylam Pharmaceuticals | 30.65 Bn | 27.34 Bn | 992.69 Mn | 7.49% |
| 7 | Insmed | 27.15 Bn | 25.99 Bn | 358.27 Mn | -16.71% |
| 8 | Royalty Pharma | 26.98 Bn | 26.14 Bn | - | - |
| 9 | BioNTech SE | 26.78 Bn | 8.39 Bn | 668.28 Mn | 34.12% |
| 10 | Instil Bio | 50.29 Mn | 50.29 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 1.11% |
| Dec 31, 2022 | 1.11% |
| Dec 31, 2022 | 1.11% |
| Sep 30, 2022 | 0.66% |
| Sep 30, 2022 | 0.66% |
| Sep 30, 2022 | 0.66% |
| Jun 30, 2022 | 1.02% |
| Jun 30, 2022 | 1.02% |
| Jun 30, 2022 | 1.02% |
| Mar 31, 2022 | 0.89% |
| Mar 31, 2022 | 0.89% |
| Mar 31, 2022 | 0.89% |
| Dec 31, 2021 | -1.95% |
| Dec 31, 2021 | -1.95% |
| Dec 31, 2021 | -1.95% |
| Sep 30, 2021 | 1.51% |
| Sep 30, 2021 | 1.51% |
| Sep 30, 2021 | 1.51% |
| Jun 30, 2021 | 0.45% |
| Jun 30, 2021 | 0.45% |