Tax

Tax Reconciliation - Tax Exempt Income

Vertex Pharmaceuticals Tax Reconciliation - Tax Exempt Income remained flat by 0.0% to $0.00 in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 94.9%, from $0.06 to $0.00. Over 2 years (FY 2023 to FY 2025), Tax Reconciliation - Tax Exempt Income shows an upward trend with a 27.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ4 2025Feb 13, 2026

How to read this metric

A higher value indicates a greater benefit from tax-exempt income sources, improving net profitability.

Detailed definition

The tax effect of income that is exempt from taxation, expressed as a reconciliation item to the statutory tax rate. Thi...

Peer comparison

Standard component of the effective tax rate reconciliation table for companies with significant investment income.

Metric ID: ms_tax_reconciliation_tax_exempt_income

Historical Data

3 years
 FY'23FY'24FY'25
Value$0.01$0.26$0.01
YoY Change>999%-94.9%
Range$0.01$0.26
CAGR+27.5%
Avg YoY Growth>999%
Median YoY Growth>999%

Frequently Asked Questions

What is Vertex Pharmaceuticals's tax reconciliation - tax exempt income?
Vertex Pharmaceuticals (VRTX) reported tax reconciliation - tax exempt income of $0.00 in Q4 2025.
How has Vertex Pharmaceuticals's tax reconciliation - tax exempt income changed year-over-year?
Vertex Pharmaceuticals's tax reconciliation - tax exempt income decreased by 94.9% year-over-year, from $0.06 to $0.00.
What is the long-term trend for Vertex Pharmaceuticals's tax reconciliation - tax exempt income?
Over 2 years (2023 to 2025), Vertex Pharmaceuticals's tax reconciliation - tax exempt income has grown at a 27.5% compound annual growth rate (CAGR), from $0.01 to $0.01.
What does tax reconciliation - tax exempt income mean?
The reduction in tax expense resulting from income that is not subject to tax.