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| Date | Value |
|---|---|
| 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 |