Praxis Precision Medicines PRAX
NASDAQ PRAX
$256.47 -8.02 (-3.03%)
At close: Oct 21, 2026 · 4:00 PM EDT

Praxis Precision Medicines (PRAX) Operating Leases (2019 - 2024)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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