Prime Medicine PRME
NASDAQ PRME
$3.70 -0.01 (-0.27%)
As of: Sep 4, 2026 · 3:59 PM EDT

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

Prime Medicine's (PRME) quarterly Tax Rate came in at 0.24% in Q2 2024, up 31.0% YoY from 0.18% in Q3 2023, and up 182.27% on a QoQ basis from 0.29% in Q1 2024.

Analysis

Prime Medicine (PRME) Tax Rate (2021 - 2024) Analysis & Trends

Prime Medicine (PRME) has 4 years of Tax Rate data on file, last reported at 0.24% in Q2 2024.

  • Quarterly Tax Rate rose 31.0% year-over-year to 0.24% in Q2 2024, while the trailing twelve-month figure through Mar 2025 was 0.07% (up 9.0% YoY) and the FY2023 annual result came in at 0.14%, down 63.0% from the prior year.
  • Tax Rate advanced to 0.24% in Q2 2024, 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.
  • A 4-year average of 1.31% and a median of 0.24% in 2024 frame the typical range for Tax Rate.
  • The widest YoY moves for Tax Rate: up 272 bps in 2022, down 1335 bps in 2022.
  • Tracing PRME's Tax Rate over 4 years: stood at 2.24% in 2021, then soared by 121 bps to 0.47% in 2022, then tumbled by 55 bps to 0.21% in 2023, then grew by 14 bps to 0.24% in 2024.
  • The last three Tax Rate figures came in at 0.24% (Q2 2024), 0.29% (Q1 2024), and 0.21% (Q3 2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Vertex Pharmaceuticals 138.47 Bn 130.62 Bn 2.84 Bn 20.98%
2 Regeneron Pharmaceuticals 85.18 Bn 77.19 Bn 3.93 Bn 15.11%
3 Argenx Se 63.38 Bn 58.19 Bn 1.37 Bn -10.89%
4 Moderna 58.09 Bn 52.95 Bn 52.00 Mn -1.96%
5 Revolution Medicines 44.33 Bn 44.33 Bn - -
6 BeOne Medicines 40.02 Bn 34.92 Bn 1.53 Bn 24.15%
7 Alnylam Pharmaceuticals 35.57 Bn 32.27 Bn 992.69 Mn 7.49%
8 Royalty Pharma 28.45 Bn 27.61 Bn - -
9 Insmed 27.48 Bn 26.32 Bn 358.27 Mn -16.71%
10 Prime Medicine 653.96 Mn 653.96 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2024 0.24%
Mar 31, 2024 -0.29%
Sep 30, 2023 0.21%
Jun 30, 2023 -0.07%
Mar 31, 2023 0.51%
Dec 31, 2022 0.47%
Sep 30, 2022 -0.73%
Jun 30, 2022 1.48%
Mar 31, 2022 2.18%
Dec 31, 2021 -2.22%
Sep 30, 2021 12.62%