Revolution Medicines (RVMD) Tax Rate (2020 - 2024)

Revolution Medicines' quarterly Tax Rate came in at 0.39% in Q4 2024, up 299.0% year-on-year from 0.1% in Q1 2024, and up 114.83% quarter-over-quarter from 2.6% in Q4 2023.

Revolution Medicines has reported Tax Rate for 4 years, with the latest figure at 0.39% in Q4 2024.

  • For the quarter ending Q4 2024, Tax Rate rose 299.0% year-over-year to 0.39%; the trailing twelve-month figure through Dec 2024 stood at 0.13% (up 20.0% YoY), and the FY2024 full-year result was 0.13%, up 20.0% from the prior year.
  • Tax Rate for Q4 2024 stood at 0.39%, up from 2.6% in the prior quarter.
  • The five-year high for Tax Rate was 3.44% in Q3 2023, with the low at 2.6% in Q4 2023.
  • Average Tax Rate over 4 years is 0.54%, with a median of 0.3% recorded in 2020.
  • Peak annual rise in Tax Rate reached 304 bps in 2023, while the deepest fall reached 278 bps in 2023.
  • Tracing RVMD's Tax Rate over 4 years: stood at 1.07% in 2020, then jumped by 117 bps to 0.18% in 2022, then tumbled by 1529 bps to 2.6% in 2023, then soared by 115 bps to 0.39% in 2024.
  • The last three Tax Rate figures came in at 0.39% (Q4 2024), 2.6% (Q4 2023), and 3.44% (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 Revolution Medicines 32.39 Bn 32.39 Bn - -

Historic Data

Download Data 🔒
DateValue
Dec 31, 2024 0.39
Dec 31, 2024 0.39
Dec 31, 2023 -2.60
Dec 31, 2023 -2.60
Sep 30, 2023 3.44
Sep 30, 2023 3.44
Dec 31, 2022 0.18
Dec 31, 2022 0.18
Sep 30, 2022 0.40
Sep 30, 2022 0.40
Dec 31, 2020 -1.07
Dec 31, 2020 -1.07
Jun 30, 2020 0.21
Jun 30, 2020 0.21
Mar 31, 2020 3.34
Mar 31, 2020 3.34