vTv Therapeutics (VTVT) Tax Rate (2017 - 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.
vTv Therapeutics (VTVT) Tax Rate (2017 - 2024) Analysis & Trends
vTv Therapeutics has disclosed Tax Rate across 6 years of filings, most recently posting 1.69% for Q1 2024.
- Tax Rate for Q1 2024 came in at 1.69%, changed N/A year-over-year; the trailing twelve-month figure through Dec 2024 was 0.44% (changed N/A YoY), and the FY2024 annual result 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.
- The 3-year median for Tax Rate is 1.93% (2022), against an average of 2.86%.
- Peak annual rise in Tax Rate reached 192 bps in 2022, while the deepest fall reached 192 bps in 2022.
- vTv Therapeutics' 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.
- The last three Tax Rate figures came in at 1.69% (Q1 2024), 2.17% (Q1 2022), and 7.33% (Q3 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -57.14 |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -6.79 |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 5.61 |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 17.68 |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | vTv Therapeutics | 426.76 Mn | 426.76 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -1.69% |
| Mar 31, 2024 | -1.69% |
| Mar 31, 2022 | -2.17% |
| Mar 31, 2022 | -2.17% |
| Sep 30, 2021 | -7.33% |
| Sep 30, 2021 | -7.33% |
| Mar 31, 2021 | -0.25% |
| Mar 31, 2021 | -0.25% |
| Jun 30, 2019 | -1.99% |
| Jun 30, 2019 | -1.99% |
| Jun 30, 2018 | -2.13% |
| Jun 30, 2018 | -2.13% |
| Dec 31, 2017 | -5.80% |
| Dec 31, 2017 | -5.80% |