Revolution Medicines (RVMDW) Tax Rate (2020 - 2024)
Revolution Medicines (RVMDW) posted quarterly Tax Rate of 0.41% for Q4 2024, up 301.0% year-over-year from 0.1% in Q1 2024, and up 115.75% quarter-over-quarter from 2.6% in Q4 2023.
Revolution Medicines (RVMDW) Tax Rate (2020 - 2024) Analysis & Trends
Revolution Medicines' Tax Rate history runs 4 years deep, the most recent figure standing at 0.41% for Q4 2024.
- In Q4 2024, Tax Rate rose 301.0% year-over-year to 0.41%; the TTM figure through Dec 2024 stood at 0.13% (up 21.0% YoY), while the FY2024 annual figure was 0.13%, up 21.0% from the prior year.
- Tax Rate for Q4 2024 stood at 0.41%, 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.
- The 4-year median for Tax Rate is 0.31% (2020), against an average of 0.54%.
- Peak annual rise in Tax Rate reached 304 bps in 2023, while the deepest fall reached 278 bps in 2023.
- Revolution Medicines' Tax Rate stood at 1.07% in 2020, then surged by 117 bps to 0.18% in 2022, then tumbled by 1529 bps to 2.6% in 2023, then jumped by 116 bps to 0.41% in 2024.
- Business Quant data shows RVMDW's Tax Rate at 0.41% in Q4 2024, 2.6% in Q4 2023, and 3.44% in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.13 Bn | 131.28 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 85.77 Bn | 77.77 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 64.64 Bn | 59.46 Bn | 1.37 Bn | 10.91% |
| 4 | Moderna | 58.29 Bn | 53.16 Bn | 52.00 Mn | -1.96% |
| 5 | BeOne Medicines | 41.92 Bn | 36.82 Bn | 1.53 Bn | 24.15% |
| 6 | Alnylam Pharmaceuticals | 31.58 Bn | 28.28 Bn | 992.69 Mn | 7.49% |
| 7 | BioNTech SE | 28.12 Bn | 9.73 Bn | 668.28 Mn | 34.12% |
| 8 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | -16.71% |
| 9 | Royalty Pharma | 27.27 Bn | 26.43 Bn | - | - |
| 10 | Revolution Medicines | 2.45 Bn | 2.45 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.41% |
| Dec 31, 2024 | 0.41% |
| Dec 31, 2024 | 0.41% |
| Dec 31, 2023 | -2.60% |
| Dec 31, 2023 | -2.60% |
| Dec 31, 2023 | -2.60% |
| Sep 30, 2023 | 3.44% |
| Sep 30, 2023 | 3.44% |
| Sep 30, 2023 | 3.44% |
| Dec 31, 2022 | 0.18% |
| Dec 31, 2022 | 0.18% |
| Dec 31, 2022 | 0.18% |
| Sep 30, 2022 | 0.40% |
| Sep 30, 2022 | 0.40% |
| Sep 30, 2022 | 0.40% |
| Dec 31, 2020 | -1.07% |
| Dec 31, 2020 | -1.07% |
| Dec 31, 2020 | -1.07% |
| Jun 30, 2020 | 0.21% |
| Jun 30, 2020 | 0.21% |