Rhythm Pharmaceuticals (RYTM) Tax Rate (2021 - 2026)
Rhythm Pharmaceuticals (RYTM) posted quarterly Tax Rate of 0.91% for Q1 2026, down 71.0% year-over-year from 3.13% in Q1 2025, and down 1491.64% quarter-over-quarter from 0.07% in Q4 2025.
Rhythm Pharmaceuticals (RYTM) Tax Rate (2021 - 2026) Analysis & Trends
Rhythm Pharmaceuticals (RYTM) has reported Tax Rate for 5 consecutive years, with 0.91% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 71.0% year-over-year to 0.91%; the TTM figure through Mar 2026 stood at 0.44% (down 32.0% YoY), while the FY2025 annual figure was 0.25%, down 12.0% from the prior year.
- Tax Rate retreated to 0.91% in Q1 2026 per RYTM's latest filing, from 0.07% in the prior quarter.
- Across five years, Tax Rate topped out at 0.78% in Q3 2024 and bottomed at 1.57% in Q2 2024.
- Historically, Tax Rate has averaged 0.37% across 4 years, with a median of 0.21% in 2024.
- Annual changes were most pronounced in 2024 — Tax Rate surged 162 bps — and 2025, when it tumbled 99 bps.
- Rhythm Pharmaceuticals' Tax Rate stood at 0.47% in 2023, then jumped by 126 bps to 0.12% in 2024, then slumped by 48 bps to 0.07% in 2025, then sank by 1492 bps to 0.91% in 2026.
- Business Quant data shows RYTM's Tax Rate at 0.91% in Q1 2026, 0.07% in Q4 2025, and 0.21% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 128.13 Bn | 120.28 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 112.33 Bn | 104.33 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 53.24 Bn | 48.05 Bn | 1.41 Bn | 10.91% |
| 4 | Revolution Medicines | 43.64 Bn | 43.64 Bn | - | - |
| 5 | BeOne Medicines | 39.27 Bn | 34.17 Bn | 1.53 Bn | 24.15% |
| 6 | MindWalk Holdings | 35.32 Bn | 35.31 Bn | 1.82 Bn | -9.47% |
| 7 | Royalty Pharma | 33.72 Bn | 35.84 Bn | - | - |
| 8 | Alnylam Pharmaceuticals | 30.58 Bn | 27.27 Bn | 992.69 Mn | 7.49% |
| 9 | Insmed | 27.01 Bn | 25.85 Bn | 358.27 Mn | -16.71% |
| 10 | Rhythm Pharmaceuticals | 7.95 Bn | 7.62 Bn | 62.32 Mn | -0.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.91% |
| Jun 30, 2026 | -0.91% |
| Jun 30, 2026 | -0.91% |
| Mar 31, 2026 | -0.91% |
| Mar 31, 2026 | -0.91% |
| Mar 31, 2026 | -0.91% |
| Dec 31, 2025 | 0.07% |
| Dec 31, 2025 | 0.07% |
| Dec 31, 2025 | 0.07% |
| Sep 30, 2025 | -0.21% |
| Sep 30, 2025 | -0.21% |
| Sep 30, 2025 | -0.21% |
| Jun 30, 2025 | -0.65% |
| Jun 30, 2025 | -0.65% |
| Jun 30, 2025 | -0.65% |
| Mar 31, 2025 | -0.20% |
| Mar 31, 2025 | -0.20% |
| Mar 31, 2025 | -0.20% |
| Dec 31, 2024 | 0.12% |
| Dec 31, 2024 | 0.12% |