Alpha Compute (ALP) Tax Rate (2020 - 2024)

Alpha Compute (ALP) posted quarterly Tax Rate of 0.12% for Q2 2024, up 227.0% year-on-year from 0.04% in Q3 2023, and up 99.3% on a QoQ basis 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.

  • Quarterly Tax Rate rose 227.0% year-over-year to 0.12% in Q2 2024, while the trailing twelve-month figure through Sep 2024 was 17.15% (down 1229.0% YoY) and the FY2025 annual result came in at 0.04%, down 1223.0% from the prior year.
  • Tax Rate advanced to 0.12% in Q2 2024 per ALP's latest filing, from 17.29% in the prior quarter.
  • Over the last five years, Tax Rate for ALP reached as high as 70.18% in Q3 2022 and fell as low as 22.15% in Q4 2022.
  • A 5-year average of 6.6% and a median of 1.25% in 2024 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2022 — Tax Rate jumped 5870 bps — and 2023, when it slumped 8511 bps.
  • Year by year, Tax Rate stood at 4.59% in 2020, then surged by 162 bps to 2.86% in 2021, then plunged by 874 bps to 22.15% in 2022, then grew by 22 bps to 17.29% in 2023, then surged by 99 bps to 0.12% in 2024.
  • According to Business Quant data, Tax Rate over the past three periods registered 0.12%, 17.29%, and 14.94% for Q2 2024, Q4 2023, and Q3 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -1.22%
2 BlackRock 161.01 Bn 148.08 Bn - 18.16%
3 Blackstone 97.77 Bn 96.72 Bn - 13.55%
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 598.59%
5 State Street 51.30 Bn 51.30 Bn - 21.16%
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 20.02%
7 Northern Trust 32.93 Bn 32.93 Bn - 24.99%
8 Raymond James Financial 32.59 Bn 17.67 Bn - 25.99%
9 Price T Rowe 24.70 Bn 21.13 Bn - 23.43%
10 Alpha Compute 2.22 Mn 1.51 Mn - -

Historic Data

Download Data
DateValue
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%