Alpha Compute (ALP) Tax Rate (2020 - 2024)
Alpha Compute (ALP) posted quarterly Tax Rate of 0.12% for Q2 2024, up 227.0% year-over-year from 0.04% in Q3 2023, and up 99.3% quarter-over-quarter from 17.29% in Q4 2023.
Alpha Compute (ALP) Tax Rate (2020 - 2024) Analysis & Trends
Alpha Compute (ALP) has reported Tax Rate for 5 consecutive years, with 0.12% the latest figure, recorded in Q2 2024.
- In Q2 2024, Tax Rate rose 227.0% year-over-year to 0.12%; the TTM figure through Sep 2024 stood at 17.15% (down 1229.0% YoY), while the FY2025 annual figure was 0.04%, down 1223.0% from the prior year.
- Tax Rate improved to 0.12% in Q2 2024 per ALP's latest filing, from 17.29% in the prior quarter.
- Across five years, Tax Rate topped out at 70.18% in Q3 2022 and bottomed at 22.15% in Q4 2022.
- Historically, Tax Rate has averaged 5.92% across 5 years, with a median of 1.25% in 2024.
- Annual changes were most pronounced in 2022 — Tax Rate surged 5870 bps — and 2023, when it slumped 8511 bps.
- Alpha Compute's Tax Rate stood at 4.59% in 2020, then surged by 162 bps to 2.86% in 2021, then tumbled by 874 bps to 22.15% in 2022, then gained by 22 bps to 17.29% in 2023, then surged by 99 bps to 0.12% in 2024.
- Business Quant data shows ALP's Tax Rate at 0.12% in Q2 2024, 17.29% in Q4 2023, and 14.94% in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 24.90% |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 16.11% |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 17.91% |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 12.14% |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 15.94% |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | 21.96% |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 22.82% |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 20.67% |
| 10 | Alpha Compute | 1.43 Mn | 742,815.93 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -0.12% |
| Jun 30, 2024 | -0.12% |
| Jun 30, 2024 | -0.12% |
| Dec 31, 2023 | -17.29% |
| Dec 31, 2023 | -17.29% |
| Dec 31, 2023 | -17.29% |
| Sep 30, 2023 | -14.94% |
| Sep 30, 2023 | -14.94% |
| Sep 30, 2023 | -14.94% |
| Jun 30, 2023 | -2.39% |
| Jun 30, 2023 | -2.39% |
| Jun 30, 2023 | -2.39% |
| Dec 31, 2022 | -22.15% |
| Dec 31, 2022 | -22.15% |
| Dec 31, 2022 | -22.15% |
| Sep 30, 2022 | 70.18% |
| Sep 30, 2022 | 70.18% |
| Sep 30, 2022 | 70.18% |
| Jun 30, 2022 | 61.10% |
| Jun 30, 2022 | 61.10% |