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| 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% |