Talphera (TLPH) Tax Rate (2015 - 2023)
Talphera's (TLPH) quarterly Tax Rate came in at 55.21% in Q4 2023, up 11351.0% year-on-year from N/an in Q4 2022, and down 38989.14% quarter-over-quarter from 0.14% in Q3 2023.
Talphera (TLPH) Tax Rate (2015 - 2023) Analysis & Trends
Talphera's Tax Rate history runs 9 years deep, the most recent figure standing at 55.21% for Q4 2023.
- On a quarterly basis, Tax Rate rose 11351.0% year-over-year to 55.21% in Q4 2023; TTM through Sep 2024 was 15.87%, a 6700.0% increase from a year earlier, with the FY2023 full-year figure at 24.25%, down 4122.0% from the prior year.
- Tax Rate retreated to 55.21% in Q4 2023 per TLPH's latest filing, from 0.14% in the prior quarter.
- Across five years, Tax Rate topped out at 93.15% in Q4 2021 and bottomed at 168.72% in Q4 2022.
- The 5-year median for Tax Rate is 0.06% (2020), against an average of 13.14%.
- Across the five-year window, Tax Rate plunged 26188 bps in 2022 and surged 11351 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 0.02% in 2019, then sank by 151 bps to 0.06% in 2020, then jumped by 153851 bps to 93.15% in 2021, then tumbled by 281 bps to 168.72% in 2022, then jumped by 67 bps to 55.21% in 2023.
- Per Business Quant, the three latest TLPH Tax Rate figures stand at 55.21% (Q4 2023), 0.14% (Q3 2023), and 0.07% (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 88.07 Bn | 86.20 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 35.75 Bn | 32.01 Bn | 1.97 Bn | 15.33 |
| 3 | Zoetis | 31.84 Bn | 29.90 Bn | 1.62 Bn | 20.71 |
| 4 | Takeda Pharmaceutical | 27.18 Bn | 23.12 Bn | 4.39 Bn | -23.33 |
| 5 | United Therapeutics | 23.09 Bn | 20.93 Bn | 648.10 Mn | 13.63 |
| 6 | RedHill Biopharma | 21.32 Bn | 21.32 Bn | - | - |
| 7 | Viatris | 19.96 Bn | 18.16 Bn | 1.16 Bn | 171.33 |
| 8 | Neurocrine Biosciences | 17.66 Bn | 16.34 Bn | 800.70 Mn | 19.81 |
| 9 | Elanco Animal Health | 12.44 Bn | 12.02 Bn | 785.00 Mn | 34.48 |
| 10 | Talphera | 94.61 Mn | 56.78 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -55.21% |
| Dec 31, 2023 | -55.21% |
| Dec 31, 2023 | -55.21% |
| Sep 30, 2023 | -0.14% |
| Sep 30, 2023 | -0.14% |
| Sep 30, 2023 | -0.14% |
| Jun 30, 2023 | -0.07% |
| Jun 30, 2023 | -0.07% |
| Jun 30, 2023 | -0.07% |
| Dec 31, 2022 | -168.72% |
| Dec 31, 2022 | -168.72% |
| Dec 31, 2022 | -168.72% |
| Sep 30, 2022 | -0.24% |
| Sep 30, 2022 | -0.24% |
| Sep 30, 2022 | -0.24% |
| Jun 30, 2022 | 0.00% |
| Jun 30, 2022 | 0.00% |
| Jun 30, 2022 | 0.00% |
| Dec 31, 2021 | 93.15% |
| Dec 31, 2021 | 93.15% |