Beam Income Tax Expense from 2010 to 2024

BEAM Stock  USD 26.65  1.60  6.39%   
Beam Therapeutics Income Tax Expense yearly trend continues to be very stable with very little volatility. Income Tax Expense is likely to grow to about 1.4 M this year. During the period from 2010 to 2024, Beam Therapeutics Income Tax Expense quarterly data regression pattern had sample variance of 691.8 T and median of  500,000. View All Fundamentals
 
Income Tax Expense  
First Reported
2018-03-31
Previous Quarter
39 K
Current Value
-5.5 M
Quarterly Volatility
20.8 M
 
Covid
Check Beam Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Beam Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.7 M, Interest Expense of 49 M or Selling General Administrative of 122.7 M, as well as many indicators such as Price To Sales Ratio of 5.28, Dividend Yield of 0.0106 or PTB Ratio of 2.25. Beam financial statements analysis is a perfect complement when working with Beam Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Beam Therapeutics Correlation against competitors.
To learn how to invest in Beam Stock, please use our How to Invest in Beam Therapeutics guide.

Latest Beam Therapeutics' Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Beam Therapeutics over the last few years. It is Beam Therapeutics' Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Beam Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Very volatile
   Income Tax Expense   
       Timeline  

Beam Income Tax Expense Regression Statistics

Arithmetic Mean(1,874,447)
Geometric Mean1,488,232
Coefficient Of Variation(1,403)
Mean Deviation12,870,148
Median500,000
Standard Deviation26,302,951
Sample Variance691.8T
Range132.8M
R-Value0.01
Mean Square Error745T
R-Squared0.0001
Significance0.97
Slope67,518
Total Sum of Squares9685.8T

Beam Income Tax Expense History

20241.4 M
20231.4 M
20223.4 M
2021-29.3 M
202061.8 M
2019116 K
2018-71 M

About Beam Therapeutics Financial Statements

Beam Therapeutics investors utilize fundamental indicators, such as Income Tax Expense, to predict how Beam Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense1.4 M1.4 M

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When determining whether Beam Therapeutics is a strong investment it is important to analyze Beam Therapeutics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Beam Therapeutics' future performance. For an informed investment choice regarding Beam Stock, refer to the following important reports:
Check out the analysis of Beam Therapeutics Correlation against competitors.
To learn how to invest in Beam Stock, please use our How to Invest in Beam Therapeutics guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Beam Therapeutics. If investors know Beam will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Beam Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.58)
Revenue Per Share
4.273
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.09)
Return On Equity
(0.18)
The market value of Beam Therapeutics is measured differently than its book value, which is the value of Beam that is recorded on the company's balance sheet. Investors also form their own opinion of Beam Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Beam Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Beam Therapeutics' market value can be influenced by many factors that don't directly affect Beam Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Beam Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Beam Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beam Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.