Xeris Biopharma Holdings (XERS) Tax Rate (2022 - 2024)
Xeris Biopharma Holdings' (XERS) quarterly Tax Rate came in at 17.44% in Q3 2024, up 1474.0% YoY from 1.11% in Q4 2023, and up 431.9% on a QoQ basis from 5.25% in Q2 2024.
Xeris Biopharma Holdings (XERS) Tax Rate (2022 - 2024) Analysis & Trends
Xeris Biopharma Holdings (XERS) has 3 years of Tax Rate data on file, last reported at 17.44% in Q3 2024.
- Quarterly Tax Rate rose 1474.0% year-over-year to 17.44% in Q3 2024, while the trailing twelve-month figure through Jun 2025 was 9.41% (up 1023.0% YoY) and the FY2024 annual result came in at 3.97%, up 200.0% from the prior year.
- Tax Rate advanced to 17.44% in Q3 2024, from 5.25% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 17.44% in Q3 2024 to a low of 5.25% in Q2 2024.
- A 3-year average of 2.48% and a median of 1.63% in 2023 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 1474 bps in 2024, down 854 bps in 2024.
- Tracing XERS's Tax Rate over 3 years: stood at 2.55% in 2022, then slumped by 32 bps to 1.73% in 2023, then jumped by 907 bps to 17.44% in 2024.
- The last three Tax Rate figures came in at 17.44% (Q3 2024), 5.25% (Q2 2024), and 1.64% (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.94 Bn | 42.97 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.08 Bn | 39.43 Bn | 2.15 Bn | -26.59% |
| 3 | Zoetis | 31.54 Bn | 29.87 Bn | 1.05 Bn | - |
| 4 | Takeda Pharmaceutical | 28.60 Bn | 22.80 Bn | 5.10 Bn | -30.40% |
| 5 | United Therapeutics | 22.12 Bn | 19.46 Bn | 683.80 Mn | 10.65% |
| 6 | Viatris | 18.75 Bn | 17.86 Bn | 1.46 Bn | -85.63% |
| 7 | Neurocrine Biosciences | 15.50 Bn | 15.11 Bn | 935.80 Mn | 10.97% |
| 8 | Elanco Animal Health | 11.69 Bn | 11.16 Bn | 798.00 Mn | 3.57% |
| 9 | Dr Reddys Laboratories | 10.13 Bn | 9.96 Bn | - | - |
| 10 | Xeris Biopharma Holdings | 1.50 Bn | 1.38 Bn | 79.59 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 17.44% |
| Sep 30, 2024 | 17.44% |
| Sep 30, 2024 | 17.44% |
| Jun 30, 2024 | -5.25% |
| Jun 30, 2024 | -5.25% |
| Jun 30, 2024 | -5.25% |
| Mar 31, 2024 | -1.64% |
| Mar 31, 2024 | -1.64% |
| Mar 31, 2024 | -1.64% |
| Dec 31, 2023 | 1.73% |
| Dec 31, 2023 | 1.73% |
| Dec 31, 2023 | 1.73% |
| Sep 30, 2023 | 2.70% |
| Sep 30, 2023 | 2.70% |
| Sep 30, 2023 | 2.70% |
| Jun 30, 2023 | 3.29% |
| Jun 30, 2023 | 3.29% |
| Jun 30, 2023 | 3.29% |
| Dec 31, 2022 | 2.55% |
| Dec 31, 2022 | 2.55% |