Growth Metrics

Wave Life Sciences (WVE) Tax Rate (2016 - 2023)

Wave Life Sciences (WVE) has disclosed Tax Rate for 8 consecutive years, with 10.65% as the latest value for Q3 2023.

  • For Q3 2023, Tax Rate changed N/A year-over-year to 10.65%; the TTM value through Jun 2024 reached 0.94%, up 147.0%, while the annual FY2023 figure was 1.16%, 159.0% up from the prior year.
  • Tax Rate hit 10.65% in Q3 2023 for Wave Life Sciences, down from 1.58% in the prior quarter.
  • Across five years, Tax Rate topped out at 2.84% in Q4 2020 and bottomed at 10.65% in Q3 2023.
  • Average Tax Rate over 4 years is 2.2%, with a median of 0.5% recorded in 2021.
  • Year-over-year, Tax Rate crashed -226bps in 2021 and then plummeted -217bps in 2022.
  • Wave Life Sciences' Tax Rate stood at 2.84% in 2020, then crashed by -79bps to 0.58% in 2021, then tumbled by -371bps to 1.58% in 2022, then crashed by -573bps to 10.65% in 2023.
  • According to Business Quant data, Tax Rate over the past three periods came in at 10.65%, 1.58%, and 0.58% for Q3 2023, Q4 2022, and Q4 2021 respectively.