C4 Therapeutics (CCCC) Tax Rate (2019 - 2024)
C4 Therapeutics' 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 has reported Tax Rate for 4 years, with the latest figure at 0.38% in Q4 2024.
- For the quarter ending Q4 2024, Tax Rate rose 43.0% year-over-year to 0.38%; the trailing twelve-month figure through Dec 2024 stood at 0.12% (up 85.0% YoY), and the FY2025 full-year result 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.
- Average Tax Rate over 3 years is 0.12%, with a median of 0.57% recorded in 2020.
- Peak annual rise in Tax Rate reached 764 bps in 2020, while the deepest fall reached 38 bps in 2020.
- Tracing CCCC's Tax Rate over 3 years: stood at 0.57% in 2020, then slumped by 244 bps to 0.81% in 2023, then jumped 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 | Quantum Biopharma | 961,148.99 Bn | 961,148.98 Bn | - | - |
| 2 | Alterity Therapeutics | 744,933.29 Bn | 744,933.26 Bn | - | - |
| 3 | Legend Biotech | 2,540.00 Bn | 2,539.71 Bn | 242.10 Mn | 57.14 |
| 4 | Nanobiotix | 2,199.85 Bn | 2,199.78 Bn | - | - |
| 5 | Akari Therapeutics | 1,635.88 Bn | 1,635.88 Bn | - | 5.61 |
| 6 | Vertex Pharmaceuticals | 111.32 Bn | 104.07 Bn | 2.59 Bn | 17.68 |
| 7 | Evaxion A | 62.56 Bn | 62.54 Bn | - | -6.79 |
| 8 | Regeneron Pharmaceuticals | 62.55 Bn | 53.79 Bn | 3.31 Bn | 12.51 |
| 9 | Alnylam Pharmaceuticals | 39.57 Bn | 36.56 Bn | 959.66 Mn | 7.07 |
| 10 | C4 Therapeutics | 561.03 Mn | 325.36 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 |