Growth Metrics

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

Wave Life Sciences' Tax Rate history spans 8 years, with the latest figure at 10.65% 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 reached 10.65% in Q3 2023 per WVE's latest filing, down from 1.58% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 2.84% in Q4 2020 to a low of 10.65% in Q3 2023.
  • Average Tax Rate over 4 years is 2.2%, with a median of 0.5% recorded in 2021.
  • Peak YoY movement for Tax Rate: crashed -226bps in 2021, then plummeted -217bps in 2022.
  • A 4-year view of Tax Rate shows it 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.
  • Per Business Quant, the three most recent readings for WVE's Tax Rate are 10.65% (Q3 2023), 1.58% (Q4 2022), and 0.58% (Q4 2021).