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

Revolution Medicines' Tax Rate history runs 4 years deep, the most recent figure standing at 0.39% for Q4 2024.

• In Q4 2024, Tax Rate rose 299.0% year-over-year to 0.39%; the TTM figure through Dec 2024 stood at 0.13% (up 20.0% YoY), while the FY2024 annual figure was 0.13%, up 20.0% from the prior year.
• Tax Rate was 0.39% for Q4 2024 at Revolution Medicines, up from 2.6% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 3.44% in Q3 2023 to a low of 2.6% in Q4 2023.
• Historically, Tax Rate has averaged 0.54% across 4 years, with a median of 0.3% in 2020.
• Biggest YoY gain for Tax Rate was 304 bps in 2023; the steepest drop was 278 bps in 2023.
• A 4-year view of Tax Rate shows it stood at 1.07% in 2020, then soared by 117 bps to 0.18% in 2022, then plunged by 1529 bps to 2.6% in 2023, then surged 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.