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| 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% |