Xeris Biopharma Holdings (XERS) Tax Rate (2022 - 2024)

Xeris Biopharma Holdings (XERS) posted Tax Rate of 17.44% for Q3 2024, up 431.9% on a QoQ basis from 5.25% in Q2 2024, and up 1474.0% year-over-year from 1.11% in Q4 2023.

Xeris Biopharma Holdings (XERS) Tax Rate (2022 - 2024) Analysis & Trends

Xeris Biopharma Holdings' Tax Rate history runs 3 years deep, the most recent figure standing at 17.44% for 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 was 17.44% for Q3 2024 at Xeris Biopharma Holdings, up from 5.25% in the prior quarter.
  • Across five years, Tax Rate topped out at 17.44% in Q3 2024 and bottomed at 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.
  • Peak annual rise in Tax Rate reached 1474 bps in 2024, while the deepest fall reached 854 bps in 2024.
  • Xeris Biopharma Holdings' Tax Rate stood at 2.55% in 2022, then plunged by 32 bps to 1.73% in 2023, then soared by 907 bps to 17.44% in 2024.
  • Business Quant data shows XERS's Tax Rate at 17.44% in Q3 2024, 5.25% in Q2 2024, and 1.64% in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 15.33%
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 20.71%
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -23.33%
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 13.63%
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 171.33%
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 19.81%
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 34.48%
10 Xeris Biopharma Holdings 1.43 Bn 1.32 Bn 72.55 Mn -

Historic Data

Download Data
DateValue
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%