C4 Therapeutics (CCCC) Tax Rate (2019 - 2024)
C4 Therapeutics (CCCC) recorded quarterly Tax Rate of 0.38% in Q4 2024, up 53.17% quarter-over-quarter from 0.81% in Q4 2023, and up 43.0% on a YoY basis from 0.27% in Q1 2024.
C4 Therapeutics (CCCC) Tax Rate (2019 - 2024) Analysis & Trends
C4 Therapeutics' Tax Rate history runs 4 years deep, the most recent figure standing at 0.38% for Q4 2024.
- In Q4 2024, Tax Rate rose 43.0% year-over-year to 0.38%; the TTM figure through Dec 2024 stood at 0.12% (up 85.0% YoY), while the FY2025 annual figure was 0.12%, up 1.0% from the prior year.
- Tax Rate was 0.38% for Q4 2024 at C4 Therapeutics, up from 0.81% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 1.53% in Q2 2020 to a low of 3.85% in Q3 2023.
- Historically, Tax Rate has averaged 0.12% across 3 years, with a median of 0.57% in 2020.
- Biggest YoY gain for Tax Rate was 764 bps in 2020; the steepest drop was 38 bps in 2020.
- A 3-year view of Tax Rate shows it stood at 0.57% in 2020, then tumbled by 244 bps to 0.81% in 2023, then soared by 53 bps to 0.38% in 2024.
- The last three Tax Rate figures came in at 0.38% (Q4 2024), 0.81% (Q4 2023), and 3.85% (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -57.14 |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -6.79 |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 5.61 |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 17.68 |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | C4 Therapeutics | 520.69 Mn | 285.02 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -0.38% |
| Dec 31, 2024 | -0.38% |
| Dec 31, 2023 | -0.81% |
| Dec 31, 2023 | -0.81% |
| Sep 30, 2023 | -3.85% |
| Sep 30, 2023 | -3.85% |
| Dec 31, 2020 | 0.57% |
| Dec 31, 2020 | 0.57% |
| Sep 30, 2020 | 0.76% |
| Sep 30, 2020 | 0.76% |
| Jun 30, 2020 | 1.53% |
| Jun 30, 2020 | 1.53% |
| Mar 31, 2020 | 1.38% |
| Mar 31, 2020 | 1.38% |
| Dec 31, 2019 | 0.95% |
| Dec 31, 2019 | 0.95% |
| Sep 30, 2019 | -6.88% |
| Sep 30, 2019 | -6.88% |