Vericel (VCEL) Tax Rate (2020 - 2024)
Vericel's (VCEL) quarterly Tax Rate came in at 0.74% in Q4 2024, down 706.0% year-on-year from 0.12% in Q1 2024, and down 90.5% quarter-over-quarter from 7.81% in Q4 2023.
Vericel (VCEL) Tax Rate (2020 - 2024) Analysis & Trends
Vericel has disclosed Tax Rate across 5 years of filings, most recently posting 0.74% for Q4 2024.
- Tax Rate for Q4 2024 came in at 0.74%, down 706.0% year-over-year; the trailing twelve-month figure through Dec 2024 was 9.14% (up 7443.0% YoY), and the FY2025 annual result was 4.94%, up 354.0% from the prior year.
- Tax Rate came in at 0.74% for Q4 2024 at Vericel, down from 7.81% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 10.57% in Q4 2022 to a low of 7.75% in Q4 2021.
- The 5-year median for Tax Rate is 0.74% (2024), against an average of 1.47%.
- Across the five-year window, Tax Rate slumped 920 bps in 2021 and surged 1832 bps in 2022, its largest moves.
- Vericel's Tax Rate stood at 1.45% in 2020, then tumbled by 634 bps to 7.75% in 2021, then jumped by 236 bps to 10.57% in 2022, then dropped by 26 bps to 7.81% in 2023, then slumped by 90 bps to 0.74% in 2024.
- The last three Tax Rate figures came in at 0.74% (Q4 2024), 7.81% (Q4 2023), and 7.25% (Q3 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -57.14 |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -6.79 |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 5.61 |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 17.68 |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Vericel | 2.04 Bn | 1.90 Bn | 49.27 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.74% |
| Dec 31, 2024 | 0.74% |
| Dec 31, 2023 | 7.81% |
| Dec 31, 2023 | 7.81% |
| Sep 30, 2023 | 7.25% |
| Sep 30, 2023 | 7.25% |
| Dec 31, 2022 | 10.57% |
| Dec 31, 2022 | 10.57% |
| Sep 30, 2022 | -0.32% |
| Sep 30, 2022 | -0.32% |
| Dec 31, 2021 | -7.75% |
| Dec 31, 2021 | -7.75% |
| Jun 30, 2021 | -1.94% |
| Jun 30, 2021 | -1.94% |
| Mar 31, 2021 | -4.55% |
| Mar 31, 2021 | -4.55% |
| Dec 31, 2020 | 1.45% |
| Dec 31, 2020 | 1.45% |