Xeris Biopharma Holdings (XERS) Tax Rate (2022 - 2024)
Xeris Biopharma Holdings (XERS) reported Tax Rate of 17.44% for Q3 2024, up 1474.0% on a YoY basis from 1.11% in Q4 2023, and up 431.9% quarter-over-quarter from 5.25% in Q2 2024.
Xeris Biopharma Holdings (XERS) Tax Rate (2022 - 2024) Analysis & Trends
Xeris Biopharma Holdings has reported Tax Rate for 3 years, with the latest figure at 17.44% in Q3 2024.
- For the quarter ending Q3 2024, Tax Rate rose 1474.0% year-over-year to 17.44%; the trailing twelve-month figure through Jun 2025 stood at 9.41% (up 1023.0% YoY), and the FY2024 full-year result was 3.97%, up 200.0% from the prior year.
- Tax Rate for Q3 2024 stood at 17.44%, up from 5.25% in the prior quarter.
- The five-year high for Tax Rate was 17.44% in Q3 2024, with the low at 5.25% in Q2 2024.
- Historically, Tax Rate has averaged 2.48% across 3 years, with a median of 1.63% in 2023.
- The largest YoY upside for Tax Rate was 1474 bps in 2024 against a maximum downside of 854 bps in 2024.
- Xeris Biopharma Holdings' Tax Rate 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 15.33% |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 20.71% |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 13.63% |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | -20.44% |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 19.81% |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 34.48% |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | -7.43% |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | 9.29% |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 24.29% |
| 10 | Xeris Biopharma Holdings | 1.11 Bn | 994.95 Mn | 72.55 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 17.44% |
| Sep 30, 2024 | 17.44% |
| Jun 30, 2024 | -5.25% |
| Jun 30, 2024 | -5.25% |
| Mar 31, 2024 | -1.64% |
| Mar 31, 2024 | -1.64% |
| Dec 31, 2023 | 1.73% |
| Dec 31, 2023 | 1.73% |
| Sep 30, 2023 | 2.70% |
| Sep 30, 2023 | 2.70% |
| Jun 30, 2023 | 3.29% |
| Jun 30, 2023 | 3.29% |
| Dec 31, 2022 | 2.55% |
| Dec 31, 2022 | 2.55% |
| Sep 30, 2022 | 1.53% |
| Sep 30, 2022 | 1.53% |
| Jun 30, 2022 | 1.28% |
| Jun 30, 2022 | 1.28% |
| Mar 31, 2022 | 1.20% |
| Mar 31, 2022 | 1.20% |