Vericel (VCEL) Tax Rate (2020 - 2024)

Vericel (VCEL) reported Tax Rate of 0.74% for Q4 2024, down 706.0% on a YoY basis from 0.12% in Q1 2024, and down 90.5% sequentially from 7.81% in Q4 2023.

Vericel (VCEL) Tax Rate (2020 - 2024) Analysis & Trends

Vericel (VCEL) has 5 years of Tax Rate data on file, last reported at 0.74% in Q4 2024.

  • For the quarter ending Q4 2024, Tax Rate fell 706.0% year-over-year to 0.74%; the trailing twelve-month figure through Dec 2024 stood at 10.04% (up 1290.0% YoY), and the FY2025 full-year result was 4.94%, up 354.0% from the prior year.
  • Tax Rate retreated to 0.74% in Q4 2024, 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.
  • A 5-year average of 1.47% and a median of 0.74% in 2024 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate plunged 920 bps in 2021 and surged 1832 bps in 2022, its largest moves.
  • Tracing VCEL's Tax Rate over 5 years: stood at 1.45% in 2020, then plunged by 634 bps to 7.75% in 2021, then soared by 236 bps to 10.57% in 2022, then slipped by 26 bps to 7.81% in 2023, then tumbled by 90 bps to 0.74% in 2024.
  • Business Quant data shows VCEL's Tax Rate at 0.74% in Q4 2024, 7.81% in Q4 2023, and 7.25% in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -0.34%
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 12.29%
4 NuCana 279.75 Bn 279.75 Bn - -5.41%
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 17.68%
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 12.51%
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 33.09%
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Vericel 2.30 Bn 2.15 Bn 49.27 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2024 0.74%
Dec 31, 2024 0.74%
Dec 31, 2024 0.74%
Dec 31, 2023 7.81%
Dec 31, 2023 7.81%
Dec 31, 2023 7.81%
Sep 30, 2023 7.25%
Sep 30, 2023 7.25%
Sep 30, 2023 7.25%
Dec 31, 2022 10.57%
Dec 31, 2022 10.57%
Dec 31, 2022 10.57%
Sep 30, 2022 -0.32%
Sep 30, 2022 -0.32%
Sep 30, 2022 -0.32%
Dec 31, 2021 -7.75%
Dec 31, 2021 -7.75%
Dec 31, 2021 -7.75%
Jun 30, 2021 -1.94%
Jun 30, 2021 -1.94%