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
DateValue
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