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| Date | Value |
|---|---|
| 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% |