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| 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% |