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