Growth Metrics

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

Wave Life Sciences (WVE) has disclosed Tax Rate for 8 consecutive years, with 0.14% as the latest value for Q4 2023.

  • For the quarter ending Q4 2023, Tax Rate rose 144.0% year-over-year to 0.14%, compared with a TTM value of 0.02% through Sep 2024, down 1.0%, and an annual FY2023 reading of 1.16%, up 159.0% over the prior year.
  • Tax Rate was 0.14% for Q4 2023 at Wave Life Sciences, up from 10.3% in the prior quarter.
  • Across five years, Tax Rate topped out at 2.84% in Q4 2020 and bottomed at 10.3% in Q3 2023.
  • Average Tax Rate over 4 years is 1.72%, with a median of 0.14% recorded in 2023.
  • The sharpest move saw Tax Rate crashed -226bps in 2021, then skyrocketed 144bps in 2023.
  • Year by year, 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 soared by 91bps to 0.14% in 2023.
  • Business Quant data shows Tax Rate for WVE at 0.14% in Q4 2023, 10.3% in Q3 2023, and 1.58% in Q4 2022.