Rhythm Pharmaceuticals (RYTM) Tax Rate (2021)
Rhythm Pharmaceuticals' Tax Rate came in at -0.91% for Q2 2026, down 0.18 percentage points from -0.73% a year earlier but up 0.08 percentage points from the prior quarter.
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Analysis
Rhythm Pharmaceuticals (RYTM) Tax Rate (2021) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Rhythm Pharmaceuticals reported Tax Rate of -0.52%, down 0.52 percentage points year-over-year; for FY2025, it was -0.25%, down 0.12 percentage points from FY2024.
- Going back by year, Tax Rate was -0.13% in FY2024 (+0.17 pp) and -0.31% in FY2023.
- The five-year range for quarterly Tax Rate is -1.57% (Q2 2024) to 20.40% (Q3 2021).
- Year-over-year, Tax Rate has declined for four consecutive quarters, with an average year-over-year change of +0.13 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q3 2024 (a gain of 1.62 percentage points), and the weakest in Q3 2025 (a drop of 0.99 percentage points).
- Business Quant data shows RYTM's Tax Rate at -0.99% (Q1 2026), 0.07% (Q4 2025) and -0.21% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | - |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | - |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 20.98% |
| 10 | Rhythm Pharmaceuticals | 6.78 Bn | 5.65 Bn | 62.32 Mn | - |
API Access
Rhythm Pharmaceuticals Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=RYTM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "RYTM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=RYTM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();