Entrada Therapeutics (TRDA) Tax Rate (2023 - 2024)
Entrada Therapeutics (TRDA) posted Tax Rate of -0.08% for Q2 2026, up 0.33 percentage points from -0.41% a year earlier and up 0.01 percentage points from the prior quarter.
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Analysis
Entrada Therapeutics (TRDA) Tax Rate (2023 - 2024) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Entrada Therapeutics was -0.52%, down 5.14 percentage points year-over-year; for FY2025, it was -0.65%, down 2.00 percentage points from FY2024.
- In prior years, Entrada Therapeutics' Tax Rate was 1.35% in FY2024 (-153.53 pp) and 154.88% in FY2023.
- The Q2 2026 figure stands as the highest quarterly Tax Rate since Q4 2024.
- On a year-over-year basis, Tax Rate increased in three of the last six quarters, with an average year-over-year change of -18.87 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q1 2024, with a gain of 122.50 percentage points; the weakest was Q4 2025, with a drop of 252.86 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was -0.10% (Q1 2026), -0.24% (Q4 2025) and -1.61% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | - |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | - |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 20.98% |
| 10 | Entrada Therapeutics | 242.19 Mn | 242.19 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 4.85% |
| Mar 31, 2024 | 7.23% |
| Dec 31, 2023 | 202.80% |
API Access
Entrada Therapeutics Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=TRDA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "TRDA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=TRDA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();