Praxis Precision Medicines (PRAX) Tax Rate (2020 - 2021)

Praxis Precision Medicines (PRAX) posted quarterly Tax Rate of 0.01% for Q4 2021, up 176.3% quarter-over-quarter from 0.01% in Q3 2021.

Praxis Precision Medicines (PRAX) Tax Rate (2020 - 2021) Analysis & Trends

Praxis Precision Medicines' Tax Rate history runs 2 years deep, the most recent figure standing at 0.01% for Q4 2021.

  • In Q4 2021, Tax Rate changed N/A year-over-year to 0.01%; the TTM figure through Sep 2021 stood at 0.0% (changed N/A YoY), while the FY2020 annual figure was 0.01%, down 22.0% from the prior year.
  • Tax Rate for Q4 2021 stood at 0.01%, up from 0.01% in the prior quarter.
  • The five-year high for Tax Rate was 0.13% in Q1 2020, with the low at 0.03% in Q2 2020.

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 Praxis Precision Medicines 10.24 Bn 9.48 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2021 0.01%
Dec 31, 2021 0.01%
Dec 31, 2021 0.01%
Sep 30, 2021 -0.01%
Sep 30, 2021 -0.01%
Sep 30, 2021 -0.01%
Jun 30, 2020 -0.03%
Jun 30, 2020 -0.03%
Jun 30, 2020 -0.03%
Mar 31, 2020 0.13%
Mar 31, 2020 0.13%
Mar 31, 2020 0.13%