PRF Technologies (PRFX) Tax Rate (2021 - 2024)
PRF Technologies (PRFX) posted quarterly Tax Rate of 3.47% for Q2 2024, up 750.0% year-on-year from 0.41% in Q3 2023, and up 23.64% on a QoQ basis from 4.55% in Q1 2024.
PRF Technologies (PRFX) Tax Rate (2021 - 2024) Analysis & Trends
PRF Technologies (PRFX) has reported Tax Rate for 4 consecutive years, with 3.47% the latest figure, recorded in Q2 2024.
- Quarterly Tax Rate rose 750.0% year-over-year to 3.47% in Q2 2024, while the trailing twelve-month figure through Jun 2024 was 1.03% (up 57.0% YoY) and the FY2025 annual result came in at 0.16%, up 162.0% from the prior year.
- Tax Rate improved to 3.47% in Q2 2024 per PRFX's latest filing, from 4.55% in the prior quarter.
- Over the last five years, Tax Rate for PRFX reached as high as 2.39% in Q4 2023 and fell as low as 18.42% in Q3 2023.
- A 4-year average of 9.38% and a median of 10.71% in 2021 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate sank 697 bps — and 2024, when it soared 750 bps.
- Year by year, Tax Rate stood at 3.51% in 2021, then gained by 20 bps to 2.82% in 2022, then advanced by 15 bps to 2.39% in 2023, then plunged by 45 bps to 3.47% in 2024.
- According to Business Quant data, Tax Rate over the past three periods registered 3.47%, 4.55%, and 2.39% for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | 15.33% |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 20.71% |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | -23.33% |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | 13.63% |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | 171.33% |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 19.81% |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | 34.48% |
| 10 | PRF Technologies | 745,168.93 | 451,168.93 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -3.47% |
| Jun 30, 2024 | -3.47% |
| Jun 30, 2024 | -3.47% |
| Mar 31, 2024 | -4.55% |
| Mar 31, 2024 | -4.55% |
| Mar 31, 2024 | -4.55% |
| Dec 31, 2023 | -2.39% |
| Dec 31, 2023 | -2.39% |
| Dec 31, 2023 | -2.39% |
| Sep 30, 2023 | -18.42% |
| Sep 30, 2023 | -18.42% |
| Sep 30, 2023 | -18.42% |
| Jun 30, 2023 | -10.97% |
| Jun 30, 2023 | -10.97% |
| Jun 30, 2023 | -10.97% |
| Mar 31, 2023 | -10.14% |
| Mar 31, 2023 | -10.14% |
| Mar 31, 2023 | -10.14% |
| Dec 31, 2022 | -2.82% |
| Dec 31, 2022 | -2.82% |