C4 Therapeutics (CCCC) Tax Rate (2019 - 2024)

C4 Therapeutics (CCCC) posted quarterly Tax Rate of 0.38% for Q4 2024, up 43.0% year-over-year from 0.27% in Q1 2024, and up 53.17% quarter-over-quarter from 0.81% in Q4 2023.

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 for Q4 2024 stood at 0.38%, up from 0.81% in the prior quarter.
  • The five-year high for Tax Rate was 1.53% in Q2 2020, with the low at 3.85% in Q3 2023.
  • The 3-year median for Tax Rate is 0.57% (2020), against an average of 0.12%.
  • Peak annual rise in Tax Rate reached 764 bps in 2020, while the deepest fall reached 38 bps in 2020.
  • C4 Therapeutics' Tax Rate stood at 0.57% in 2020, then slumped by 244 bps to 0.81% in 2023, then surged by 53 bps to 0.38% in 2024.
  • Business Quant data shows CCCC's Tax Rate at 0.38% in Q4 2024, 0.81% in Q4 2023, and 3.85% in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 20.98%
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 15.11%
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 10.91%
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 24.15%
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -9.47%
7 Royalty Pharma 33.72 Bn 35.84 Bn - -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 7.49%
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -16.71%
10 C4 Therapeutics 521.12 Mn 267.46 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -0.38%
Dec 31, 2024 -0.38%
Dec 31, 2024 -0.38%
Dec 31, 2023 -0.81%
Dec 31, 2023 -0.81%
Dec 31, 2023 -0.81%
Sep 30, 2023 -3.85%
Sep 30, 2023 -3.85%
Sep 30, 2023 -3.85%
Dec 31, 2020 0.57%
Dec 31, 2020 0.57%
Dec 31, 2020 0.57%
Sep 30, 2020 0.76%
Sep 30, 2020 0.76%
Sep 30, 2020 0.76%
Jun 30, 2020 1.53%
Jun 30, 2020 1.53%
Jun 30, 2020 1.53%
Mar 31, 2020 1.38%
Mar 31, 2020 1.38%