vTv Therapeutics (VTVT) Tax Rate (2015 - 2024)

vTv Therapeutics (VTVT) posted Tax Rate of 1.69% for Q1 2024, up 22.08% sequentially from 2.17% in Q1 2022.

vTv Therapeutics (VTVT) Tax Rate (2015 - 2024) Analysis & Trends

vTv Therapeutics has reported Tax Rate for 8 years, with the latest figure at 1.69% in Q1 2024.

  • Quarterly Tax Rate changed N/A year-over-year to 1.69% in Q1 2024, while the trailing twelve-month figure through Dec 2024 was 0.44% (changed N/A YoY) and the FY2024 annual result came in at 0.44%, changed N/A from the prior year.
  • Tax Rate climbed to 1.69% in Q1 2024 per VTVT's latest filing, from 2.17% in the prior quarter.
  • Over five years, Tax Rate peaked at 0.25% in Q1 2021 and troughed at 7.33% in Q3 2021.
  • A 3-year average of 2.86% and a median of 1.93% in 2022 frame the typical range for Tax Rate.
  • The widest YoY moves for Tax Rate: up 192 bps in 2022, down 192 bps in 2022.
  • Over 3 years, Tax Rate stood at 7.33% in 2021, then surged by 70 bps to 2.17% in 2022, then advanced by 22 bps to 1.69% in 2024.
  • According to Business Quant data, Tax Rate over the past three periods registered 1.69%, 2.17%, and 7.33% for Q1 2024, Q1 2022, and Q3 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 20.98%
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 15.11%
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 10.91%
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 24.15%
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -9.47%
7 Royalty Pharma 33.72 Bn 35.84 Bn - -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 7.49%
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -16.71%
10 vTv Therapeutics 373.77 Mn 373.77 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2024 -1.69%
Mar 31, 2024 -1.69%
Mar 31, 2024 -1.69%
Mar 31, 2022 -2.17%
Mar 31, 2022 -2.17%
Mar 31, 2022 -2.17%
Sep 30, 2021 -7.33%
Sep 30, 2021 -7.33%
Sep 30, 2021 -7.33%
Mar 31, 2021 -0.25%
Mar 31, 2021 -0.25%
Mar 31, 2021 -0.25%
Jun 30, 2019 -1.99%
Jun 30, 2019 -1.99%
Jun 30, 2019 -1.99%
Jun 30, 2018 -2.13%
Jun 30, 2018 -2.13%
Jun 30, 2018 -2.13%
Dec 31, 2017 -0.40%
Dec 31, 2017 -0.40%