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
DateValue
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%