vTv Therapeutics (VTVT) Tax Rate (2015 - 2024)
vTv Therapeutics' (VTVT) quarterly Tax Rate came in at 1.69% in Q1 2024, up 22.08% quarter-over-quarter from 2.17% in Q1 2022.
Analysis
vTv Therapeutics (VTVT) Tax Rate (2015 - 2024) Analysis & Trends
vTv Therapeutics has disclosed Tax Rate across 8 years of filings, most recently posting 1.69% for Q1 2024.
- In Q1 2024, Tax Rate changed N/A year-over-year to 1.69%; the TTM figure through Dec 2024 stood at 0.44% (changed N/A YoY), while the FY2024 annual figure was 0.44%, changed N/A from the prior year.
- Tax Rate came in at 1.69% for Q1 2024 at vTv Therapeutics, up from 2.17% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 0.25% in Q1 2021 to a low of 7.33% in Q3 2021.
- Average Tax Rate over 3 years is 2.86%, with a median of 1.93% recorded in 2022.
- The largest YoY upside for Tax Rate was 192 bps in 2022 against a maximum downside of 192 bps in 2022.
- Over 3 years, Tax Rate stood at 7.33% in 2021, then soared by 70 bps to 2.17% in 2022, then rose by 22 bps to 1.69% in 2024.
- Per Business Quant data, the three most recent Tax Rate figures were 1.69% in Q1 2024, 2.17% in Q1 2022, and 7.33% in Q3 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 663.08 Bn | 642.33 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 453.04 Bn | 446.51 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 370.87 Bn | 363.78 Bn | 12.21 Bn | -95.75% |
| 4 | Novartis Ag | 305.29 Bn | 298.00 Bn | 11.24 Bn | -23.71% |
| 5 | Pfizer | 162.10 Bn | 150.70 Bn | 10.94 Bn | 62.33% |
| 6 | Sanofi | 53.95 Bn | 46.98 Bn | 10.79 Bn | -31.96% |
| 7 | Revolution Medicines | 45.00 Bn | 45.00 Bn | - | - |
| 8 | BeOne Medicines | 40.49 Bn | 35.39 Bn | 1.53 Bn | 24.15% |
| 9 | Incyte | 25.47 Bn | 20.94 Bn | 1.57 Bn | 22.08% |
| 10 | vTv Therapeutics | 413.85 Mn | 413.85 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | -1.69% |
| Mar 31, 2022 | -2.17% |
| Sep 30, 2021 | -7.33% |
| Mar 31, 2021 | -0.25% |
| Dec 31, 2019 | 68.09% |
| Jun 30, 2019 | -1.99% |
| Dec 31, 2018 | 221.91% |
| Jun 30, 2018 | -2.13% |
| Dec 31, 2017 | 136.64% |
| Dec 31, 2016 | 141.30% |
| Dec 31, 2015 | 130.09% |