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

Revolution Medicines' Tax Rate history runs 4 years deep, the most recent figure standing at 0.41% for Q4 2024.

• On a quarterly basis, Tax Rate rose 301.0% year-over-year to 0.41% in Q4 2024; TTM through Dec 2024 was 0.13%, a 21.0% increase from a year earlier, with the FY2024 full-year figure at 0.13%, up 21.0% from the prior year.
• Tax Rate climbed to 0.41% in Q4 2024 per RVMD's latest filing, from 2.6% in the prior quarter.
• Across five years, Tax Rate topped out at 3.44% in Q3 2023 and bottomed at 2.6% in Q4 2023.
• The 4-year median for Tax Rate is 0.31% (2020), against an average of 0.54%.
• Biggest YoY gain for Tax Rate was 304 bps in 2023; the steepest drop was 278 bps in 2023.
• Year by year, Tax Rate stood at 1.07% in 2020, then soared by 117 bps to 0.18% in 2022, then slumped by 1529 bps to 2.6% in 2023, then surged by 116 bps to 0.41% in 2024.
• Per Business Quant, the three latest RVMD Tax Rate figures stand at 0.41% (Q4 2024), 2.6% (Q4 2023), and 3.44% (Q3 2023).