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

C4 Therapeutics' (CCCC) quarterly Tax Rate came in at 0.38% in Q4 2024, up 43.0% year-on-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.

  • On a quarterly basis, Tax Rate rose 43.0% year-over-year to 0.38% in Q4 2024; TTM through Dec 2024 was 0.12%, a 85.0% increase from a year earlier, with the FY2025 full-year figure at 0.12%, up 1.0% from the prior year.
  • Tax Rate rose to 0.38% in Q4 2024 per CCCC's latest filing, from 0.81% in the prior quarter.
  • Across five years, Tax Rate topped out at 1.53% in Q2 2020 and bottomed at 3.85% in Q3 2023.
  • The 3-year median for Tax Rate is 0.57% (2020), against an average of 0.12%.
  • Biggest YoY gain for Tax Rate was 764 bps in 2020; the steepest drop was 38 bps in 2020.
  • Year by year, Tax Rate stood at 0.57% in 2020, then sank by 244 bps to 0.81% in 2023, then soared by 53 bps to 0.38% in 2024.
  • Per Business Quant, the three latest CCCC Tax Rate figures stand at 0.38% (Q4 2024), 0.81% (Q4 2023), and 3.85% (Q3 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -0.34%
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 12.29%
4 NuCana 279.75 Bn 279.75 Bn - -5.41%
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 17.68%
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 12.51%
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 33.09%
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 C4 Therapeutics 460.17 Mn 224.50 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%