Praxis Precision Medicines (PRAX) Operating Leases (2019 - 2024)
Praxis Precision Medicines (PRAX) reported Operating Leases of $110,000 for Q4 2024, down 92.0% from $1.37 million a year earlier and down 74.8% from the prior quarter.
Praxis Precision Medicines (PRAX) Operating Leases (2019 - 2024) Analysis & Trends
Dating back to Q4 2019, Praxis Precision Medicines' Operating Leases record includes 17 quarters.
- Operating Leases has declined for three consecutive years, with a five-year compound annual growth rate of -32.1% (FY2019 to FY2024).
- By year, Operating Leases came in at $1.37 million in FY2023 (-45.1%), $2.5 million in FY2022 (-28.7%) and $3.5 million in FY2021.
- The Q4 2024 figure ranks as the lowest quarterly Operating Leases in data going back to Q4 2019.
- Year over year, Operating Leases has now declined in each of the last 11 quarters, with an average decline of 53.9% over the last eight quarters.
- The year-over-year decline in Operating Leases has ranged between 24.0% (Q2 2022) and 92.0% (Q4 2024) over the last five years.
- Per Business Quant data, the three quarters before Q4 2024 came in at $436,000 (Q3 2024), $755,000 (Q2 2024) and $1.07 million (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,136.97 Bn | 1,105.55 Bn | 19.71 Bn |
| 2 | Johnson & Johnson | 619.72 Bn | 538.25 Bn | 17.26 Bn |
| 3 | AbbVie | 503.40 Bn | 476.52 Bn | 12.70 Bn |
| 4 | Merck | 370.15 Bn | 324.53 Bn | 12.21 Bn |
| 5 | Novartis Ag | 298.64 Bn | 262.63 Bn | 11.24 Bn |
| 6 | Astrazeneca | 261.07 Bn | 234.76 Bn | 12.86 Bn |
| 7 | Amgen | 237.00 Bn | 192.40 Bn | 7.24 Bn |
| 8 | Gilead Sciences | 191.24 Bn | 165.43 Bn | 6.22 Bn |
| 9 | Pfizer | 170.31 Bn | 116.96 Bn | 10.94 Bn |
| 10 | Praxis Precision Medicines | 7.47 Bn | 5.06 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 110,000.00 |
| Sep 30, 2024 | 436,000.00 |
| Jun 30, 2024 | 755,000.00 |
| Mar 31, 2024 | 1.07 Mn |
| Dec 31, 2023 | 1.37 Mn |
| Sep 30, 2023 | 1.66 Mn |
| Jun 30, 2023 | 1.95 Mn |
| Mar 31, 2023 | 2.23 Mn |
| Dec 31, 2022 | 2.50 Mn |
| Sep 30, 2022 | 2.76 Mn |
| Jun 30, 2022 | 3.01 Mn |
| Mar 31, 2022 | 3.26 Mn |
| Dec 31, 2021 | 3.50 Mn |
| Sep 30, 2021 | 3.73 Mn |
| Jun 30, 2021 | 3.96 Mn |
| Sep 30, 2020 | 198,000.00 |
| Dec 31, 2019 | 763,000.00 |
Praxis Precision Medicines Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=PRAX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "PRAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=PRAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();