Growth Metrics

Veru (VERU) Tax Rate (2016 - 2024)

Veru (VERU) has disclosed Tax Rate for 13 consecutive years, with 5.61% as the latest value for Q3 2024.

  • On a quarterly basis, Tax Rate fell 321.0% to 5.61% in Q3 2024 year-over-year; TTM through Sep 2024 was 1.96%, a 153.0% decrease, with the full-year FY2024 number at 1.96%, down 144.0% from a year prior.
  • Tax Rate was 5.61% for Q3 2024 at Veru, down from 1.5% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 51.62% in Q2 2021 to a low of 8.64% in Q2 2020.
  • A 5-year average of 3.17% and a median of 0.16% in 2022 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: surged 6025bps in 2021, then crashed -5224bps in 2022.
  • Veru's Tax Rate stood at 0.45% in 2020, then tumbled by -504bps to 1.83% in 2021, then surged by 110bps to 0.18% in 2022, then soared by 393bps to 0.87% in 2023, then plummeted by -746bps to 5.61% in 2024.
  • Per Business Quant, the three most recent readings for VERU's Tax Rate are 5.61% (Q3 2024), 1.5% (Q2 2024), and 1.85% (Q1 2024).