Celldex Therapeutics (CLDX) Tax Rate (2017 - 2021)
Celldex Therapeutics' (CLDX) quarterly Tax Rate came in at 1.1% in Q3 2021, up 127.86% quarter-over-quarter from 3.94% in Q4 2020.
Celldex Therapeutics (CLDX) Tax Rate (2017 - 2021) Analysis & Trends
Celldex Therapeutics' Tax Rate history runs 4 years deep, the most recent figure standing at 1.1% for Q3 2021.
- On a quarterly basis, Tax Rate changed N/A year-over-year to 1.1% in Q3 2021; TTM through Dec 2021 was 0.95%, a 902.0% decrease from a year earlier, with the FY2023 full-year figure at 21.0%, changed 0.0% from the prior year.
- Tax Rate advanced to 1.1% in Q3 2021 per CLDX's latest filing, from 3.94% in the prior quarter.
- Across five years, Tax Rate topped out at 83.24% in Q4 2017 and bottomed at 3.94% in Q4 2020.
- The 4-year median for Tax Rate is 1.44% (2020), against an average of 19.89%.
- Biggest YoY gain for Tax Rate was 2325 bps in 2018; the steepest drop was 2325 bps in 2018.
- Year by year, Tax Rate stood at 83.24% in 2017, then declined by 28 bps to 59.99% in 2018, then tumbled by 107 bps to 3.94% in 2020, then surged by 128 bps to 1.1% in 2021.
- Per Business Quant, the three latest CLDX Tax Rate figures stand at 1.1% (Q3 2021), 3.94% (Q4 2020), and 1.78% (Q2 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -0.34 |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 5.61 |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 12.29 |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 17.68 |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 12.51 |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | - |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -13.70 |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | - |
| 10 | Celldex Therapeutics | 2.34 Bn | 2.34 Bn | -1.44 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2021 | 1.10 |
| Sep 30, 2021 | 1.10 |
| Sep 30, 2021 | 1.10 |
| Dec 31, 2020 | -3.94 |
| Dec 31, 2020 | -3.94 |
| Dec 31, 2020 | -3.94 |
| Jun 30, 2020 | 1.78 |
| Jun 30, 2020 | 1.78 |
| Jun 30, 2020 | 1.78 |
| Dec 31, 2018 | 59.99 |
| Dec 31, 2018 | 59.99 |
| Dec 31, 2018 | 59.99 |
| Jun 30, 2018 | -0.21 |
| Jun 30, 2018 | -0.21 |
| Jun 30, 2018 | -0.21 |
| Mar 31, 2018 | 0.67 |
| Mar 31, 2018 | 0.67 |
| Mar 31, 2018 | 0.67 |
| Dec 31, 2017 | 83.24 |
| Dec 31, 2017 | 83.24 |