Prime Medicine (PRME) Tax Rate (2021 - 2024)

Prime Medicine filings provide 4 years of Tax Rate readings, the most recent being 0.24% for Q2 2024.

  • On a quarterly basis, Tax Rate rose 31.0% to 0.24% in Q2 2024 year-over-year; TTM through Mar 2025 was 0.07%, a 9.0% increase, with the full-year FY2023 number at 0.14%, down 63.0% from a year prior.
  • Tax Rate hit 0.24% in Q2 2024 for Prime Medicine, up from 0.29% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 12.62% in Q3 2021 to a low of 2.24% in Q4 2021.
  • Median Tax Rate over the past 4 years was 0.24% (2024), compared with a mean of 1.31%.
  • The widest YoY moves for Tax Rate: up 272bps in 2022, down -1335bps in 2022.
  • Prime Medicine's Tax Rate stood at 2.24% in 2021, then surged by 121bps to 0.47% in 2022, then tumbled by -55bps to 0.21% in 2023, then rose by 14bps to 0.24% in 2024.
  • The last three reported values for Tax Rate were 0.24% (Q2 2024), 0.29% (Q1 2024), and 0.21% (Q3 2023) per Business Quant data.