Celldex Therapeutics (CLDX) Tax Rate (2017 - 2021)
Celldex Therapeutics (CLDX) posted quarterly Tax Rate of 1.1% for 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.
- In Q3 2021, Tax Rate changed N/A year-over-year to 1.1%; the TTM figure through Dec 2021 stood at 0.95% (down 902.0% YoY), while the FY2023 annual figure was 21.0%, changed 0.0% from the prior year.
- Tax Rate for Q3 2021 stood at 1.1%, up from 3.94% in the prior quarter.
- The five-year high for Tax Rate was 83.24% in Q4 2017, with the low at 3.94% in Q4 2020.
- The 4-year median for Tax Rate is 1.44% (2020), against an average of 19.89%.
- Peak annual rise in Tax Rate reached 2325 bps in 2018, while the deepest fall reached 2325 bps in 2018.
- Celldex Therapeutics' Tax Rate stood at 83.24% in 2017, then dropped by 28 bps to 59.99% in 2018, then plunged by 107 bps to 3.94% in 2020, then jumped by 128 bps to 1.1% in 2021.
- Business Quant data shows CLDX's Tax Rate at 1.1% in Q3 2021, 3.94% in Q4 2020, and 1.78% in Q2 2020.
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 | Celldex Therapeutics | 3.29 Bn | 2.58 Bn | -2.57 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 72.60% |
| Dec 31, 2021 | 72.60% |
| Dec 31, 2021 | 72.60% |
| 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% |