Veru (VERU) Tax Rate (2012 - 2020)
Veru (VERU) reported Tax Rate of -11.58% for fiscal Q4 2024 (quarter ended Sep 30, 2024), down 4.22 percentage points from -7.36% a year earlier.
Powered by 
Analysis
Veru (VERU) Tax Rate (2012 - 2020) Analysis & Trends
For FY2024 (ended Sep 30, 2024), Veru posted Tax Rate of -2.06%, down 1.54 percentage points from FY2023.
- Tax Rate has a five-year change of -4.52 percentage points (FY2019 to FY2024).
- By fiscal year, Tax Rate came in at -0.52% in FY2023 (-0.24 pp), -0.28% in FY2022 (+73.08 pp), -73.36% in FY2021 (-78.74 pp) and 5.38% in FY2020 (+2.91 pp).
- The fiscal Q4 2024 figure ranks as the lowest quarterly Tax Rate since fiscal Q4 2018.
- Year over year, Tax Rate gained in two of the last five quarters, with an average year-over-year change of -1.88 percentage points.
- The high point for year-over-year Tax Rate in five years was fiscal Q3 2021 (a gain of 60.25 percentage points); the low point was fiscal Q3 2022 (a drop of 52.24 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | - |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | - |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 20.98% |
| 10 | Veru | 61.31 Mn | -48.96 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2020 | 0.45% |
| Jun 30, 2016 | 28.85% |
| Dec 31, 2015 | 35.76% |
| Sep 30, 2015 | 10.13% |
| Jun 30, 2015 | 19.57% |
| Mar 31, 2015 | 43.93% |
| Dec 31, 2014 | 45.44% |
| Jun 30, 2014 | 42.34% |
| Mar 31, 2014 | 57.38% |
| Dec 31, 2013 | 6.32% |
| Jun 30, 2013 | 31.15% |
| Mar 31, 2013 | 3.23% |
| Dec 31, 2012 | 0.72% |
| Jun 30, 2012 | 9.70% |
API Access
Veru 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=VERU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "VERU", "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=VERU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();