Revolution Medicines (RVMD) Tax Rate (2020 - 2024)
Revolution Medicines (RVMD) posted Tax Rate of 0.41% for Q4 2024, up 293.43% on a QoQ basis from 0.21% in Q4 2023, and up 62.0% year-over-year from 0.25% in Q1 2024.
Revolution Medicines (RVMD) Tax Rate (2020 - 2024) Analysis & Trends
Revolution Medicines has reported Tax Rate for 4 years, with the latest figure at 0.41% in Q4 2024.
- On a quarterly basis, Tax Rate rose 62.0% year-over-year to 0.41% in Q4 2024; TTM through Dec 2024 was 0.13%, a 67.0% decrease from a year earlier, with the FY2025 full-year figure at 21.0%, up 2087.0% from the prior year.
- Tax Rate was 0.41% for Q4 2024 at Revolution Medicines, up from 0.21% in the prior quarter.
- The five-year high for Tax Rate was 3.44% in Q3 2023, with the low at 1.07% in Q4 2020.
- Average Tax Rate over 4 years is 0.84%, with a median of 0.31% recorded in 2022.
- The largest YoY upside for Tax Rate was 304 bps in 2023 against a maximum downside of 43 bps in 2023.
- Over 4 years, Tax Rate stood at 1.07% in 2020, then surged by 120 bps to 0.22% in 2022, then sank by 197 bps to 0.21% in 2023, then soared by 293 bps to 0.41% in 2024.
- The last three Tax Rate figures came in at 0.41% (Q4 2024), 0.21% (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 | Johnson & Johnson | 649.01 Bn | 628.25 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 468.55 Bn | 462.03 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 365.49 Bn | 358.40 Bn | 12.21 Bn | -95.75% |
| 4 | Novartis Ag | 272.39 Bn | 265.10 Bn | 11.24 Bn | -23.71% |
| 5 | Astrazeneca | 253.18 Bn | 247.96 Bn | 12.86 Bn | -10.40% |
| 6 | Amgen | 219.53 Bn | 205.54 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 187.85 Bn | 184.59 Bn | 6.22 Bn | -2.36% |
| 8 | Pfizer | 160.56 Bn | 149.16 Bn | 10.94 Bn | 62.33% |
| 9 | Vertex Pharmaceuticals | 130.81 Bn | 122.96 Bn | 2.84 Bn | 20.98% |
| 10 | Revolution Medicines | 40.86 Bn | 40.86 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 0.41% |
| Dec 31, 2023 | -0.21% |
| Sep 30, 2023 | 3.44% |
| Dec 31, 2022 | 0.22% |
| Sep 30, 2022 | 0.40% |
| Dec 31, 2020 | -1.07% |
| Jun 30, 2020 | 0.21% |
| Mar 31, 2020 | 3.34% |
Revolution Medicines Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=RVMD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "RVMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=RVMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();