Celcuity (CELC) Tax Rate (2018 - 2020)
Celcuity's (CELC) quarterly Tax Rate came in at 78.01% in Q4 2020, down 739.0% YoY from 12.21% in Q1 2020, and down 8.66% on a QoQ basis from 85.41% in Q4 2019.
Celcuity (CELC) Tax Rate (2018 - 2020) Analysis & Trends
Celcuity (CELC) has 3 years of Tax Rate data on file, last reported at 78.01% in Q4 2020.
- Quarterly Tax Rate fell 739.0% year-over-year to 78.01% in Q4 2020, while the trailing twelve-month figure through Jun 2021 was 9.11% (down 964.0% YoY) and the FY2025 annual result came in at 21.0%, up 2160.0% from the prior year.
- Tax Rate slipped to 78.01% in Q4 2020, from 85.41% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 86.07% in Q4 2018 to a low of 78.01% in Q4 2020.
- A 3-year average of 83.16% and a median of 85.41% in 2019 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2019 — Tax Rate slumped 66 bps — and 2020, when it slumped 739 bps.
- Tracing CELC's Tax Rate over 3 years: stood at 86.07% in 2018, then slipped by 1 bps to 85.41% in 2019, then fell by 9 bps to 78.01% in 2020.
- The last three Tax Rate figures came in at 78.01% (Q4 2020), 85.41% (Q4 2019), and 86.07% (Q4 2018), per Business Quant data.
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 | Celcuity | 4.50 Bn | 4.50 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 78.01% |
| Dec 31, 2020 | 78.01% |
| Dec 31, 2020 | 78.01% |
| Dec 31, 2019 | 85.41% |
| Dec 31, 2019 | 85.41% |
| Dec 31, 2019 | 85.41% |
| Dec 31, 2018 | 86.07% |
| Dec 31, 2018 | 86.07% |
| Dec 31, 2018 | 86.07% |