Talphera (TLPH) Tax Rate (2015 - 2023)
Talphera (TLPH) recorded quarterly Tax Rate of 0.11% in Q4 2023, up 178.49% quarter-over-quarter from 0.14% in Q3 2023, and up 9.0% on a YoY basis from 0.1% in Q4 2022.
Talphera (TLPH) Tax Rate (2015 - 2023) Analysis & Trends
Talphera's Tax Rate history runs 9 years deep, the most recent figure standing at 0.11% for Q4 2023.
- In Q4 2023, Tax Rate rose 9.0% year-over-year to 0.11%; the TTM figure through Sep 2024 stood at 0.02% (up 11.0% YoY), while the FY2022 annual figure was 0.02%, up 4.0% from the prior year.
- Tax Rate was 0.11% for Q4 2023 at Talphera, up from 0.14% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 0.11% in Q4 2023 to a low of 0.24% in Q3 2022.
- Historically, Tax Rate has averaged 0.05% across 5 years, with a median of 0.05% in 2021.
- Biggest YoY gain for Tax Rate was 10 bps in 2023; the steepest drop was 7 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 0.02% in 2019, then tumbled by 151 bps to 0.06% in 2020, then rose by 16 bps to 0.05% in 2021, then surged by 133 bps to 0.02% in 2022, then jumped by 558 bps to 0.11% in 2023.
- The last three Tax Rate figures came in at 0.11% (Q4 2023), 0.14% (Q3 2023), and 0.07% (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 15.33% |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 20.71% |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 13.63% |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | -20.44% |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 19.81% |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 34.48% |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | -7.43% |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 24.29% |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 9.29% |
| 10 | Talphera | 59.35 Mn | 59.35 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 0.11% |
| Dec 31, 2023 | 0.11% |
| Sep 30, 2023 | -0.14% |
| Sep 30, 2023 | -0.14% |
| Jun 30, 2023 | -0.07% |
| Jun 30, 2023 | -0.07% |
| Dec 31, 2022 | 0.02% |
| Dec 31, 2022 | 0.02% |
| Sep 30, 2022 | -0.24% |
| Sep 30, 2022 | -0.24% |
| Jun 30, 2022 | 0.00% |
| Jun 30, 2022 | 0.00% |
| Jun 30, 2021 | -0.05% |
| Jun 30, 2021 | -0.05% |
| Jun 30, 2020 | -0.06% |
| Jun 30, 2020 | -0.06% |
| Jun 30, 2019 | -0.02% |
| Jun 30, 2019 | -0.02% |
| Jun 30, 2018 | -0.02% |
| Jun 30, 2018 | -0.02% |