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

Prime Medicine posted quarterly Tax Rate of 0.24% for Q2 2024, up 31.0% year-on-year from 0.18% in Q3 2023, and up 182.27% on a QoQ basis from 0.29% in Q1 2024.

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

  • For the quarter ending Q2 2024, Tax Rate rose 31.0% year-over-year to 0.24%; the trailing twelve-month figure through Mar 2025 stood at 0.07% (up 9.0% YoY), and the FY2023 full-year result was 0.14%, down 63.0% from the prior year.
  • Tax Rate for Q2 2024 stood at 0.24%, up from 0.29% in the prior quarter.
  • Across five years, Tax Rate topped out at 12.62% in Q3 2021 and bottomed at 2.22% in Q4 2021.
  • The 4-year median for Tax Rate is 0.24% (2024), against an average of 1.31%.
  • Peak annual rise in Tax Rate reached 269 bps in 2022, while the deepest fall reached 1335 bps in 2022.
  • A 4-year view of Tax Rate shows it stood at 2.22% in 2021, then jumped by 121 bps to 0.47% in 2022, then slumped by 55 bps to 0.21% in 2023, then increased 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - -
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - -
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn 57.14
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - 5.61
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 17.68
7 Evaxion A 62.56 Bn 62.54 Bn - -6.79
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 12.51
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 7.07
10 Prime Medicine 601.24 Mn 601.24 Mn - -

Historic Data

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