Instil Bio (TIL) Tax Rate (2020 - 2022)

Instil Bio has reported Tax Rate for 3 years, with the latest figure at 1.11% in Q4 2022.

• On a quarterly basis, Tax Rate rose 306.0% year-over-year to 1.11% in Q4 2022; TTM through Sep 2023 was 0.31%, a 12.0% increase from a year earlier, with the FY2022 full-year figure at 0.92%, up 95.0% from the prior year.
• Tax Rate was 1.11% for Q4 2022 at Instil Bio, 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.
• Average Tax Rate over 3 years is 0.41%, with a median of 0.87% recorded in 2021.
• The sharpest annual moves came in 2021 and 2022: Tax Rate slumped 107 bps in 2021, then jumped 306 bps in 2022.
• Over 3 years, Tax Rate stood at 0.89% in 2020, then plunged by 120 bps to 1.95% in 2021, then soared by 157 bps to 1.11% in 2022.
• The last three Tax Rate figures came in at 1.11% (Q4 2022), 0.66% (Q3 2022), and 1.02% (Q2 2022), per Business Quant data.