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| Date | Value |
|---|---|
| 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% |