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
DateValue
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%