Beam Global (BEEM) Tax Rate (2010 - 2024)
Beam Global's quarterly Tax Rate came in at 5.49% in Q4 2024, down 551.0% year-on-year from 1.22% in Q1 2024, and down 27931.05% quarter-over-quarter from 0.02% in Q4 2023.
Beam Global has reported Tax Rate for 14 years, with the latest figure at 5.49% in Q4 2024.
- For the quarter ending Q4 2024, Tax Rate fell 551.0% year-over-year to 5.49%; the trailing twelve-month figure through Dec 2024 stood at 2.02% (down 195.0% YoY), and the FY2025 full-year result was 2.03%, up 405.0% from the prior year.
- Tax Rate for Q4 2024 stood at 5.49%, down from 0.02% in the prior quarter.
- The five-year high for Tax Rate was 0.02% in Q4 2023, with the low at 5.49% in Q4 2024.
- Average Tax Rate over 5 years is 0.64%, with a median of 0.05% recorded in 2021.
- Year-over-year, Tax Rate gained 4 bps in 2021 and tumbled 551 bps in 2024.
- Tracing BEEM's Tax Rate over 5 years: stood at 0.0% in 2020, then tumbled by 5795 bps to 0.06% in 2021, then surged by 79 bps to 0.01% in 2022, then jumped by 254 bps to 0.02% in 2023, then plunged by 27931 bps to 5.49% in 2024.
- The last three Tax Rate figures came in at 5.49% (Q4 2024), 0.02% (Q4 2023), and 0.34% (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 2.18 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 5.66 |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -62.89 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 46.43 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -2.29 |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -2.43 |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 23.06 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 50.91 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -31.47 |
| 10 | Beam Global | 289,000.01 | -1.68 Mn | -415,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 2.42 |
| Dec 31, 2024 | 2.42 |
| Dec 31, 2023 | 0.02 |
| Dec 31, 2023 | 0.02 |
| Jun 30, 2023 | -0.34 |
| Jun 30, 2023 | -0.34 |
| Mar 31, 2023 | -0.03 |
| Mar 31, 2023 | -0.03 |
| Dec 31, 2022 | -0.01 |
| Dec 31, 2022 | -0.01 |
| Jun 30, 2022 | -0.04 |
| Jun 30, 2022 | -0.04 |
| Jun 30, 2021 | -0.06 |
| Jun 30, 2021 | -0.06 |
| Dec 31, 2020 | 0.00 |
| Dec 31, 2020 | 0.00 |
| Sep 30, 2020 | -0.38 |
| Sep 30, 2020 | -0.38 |
| Jun 30, 2020 | -0.10 |
| Jun 30, 2020 | -0.10 |
| Sep 30, 2019 | -0.37 |
| Sep 30, 2019 | -0.37 |
| Jun 30, 2019 | -0.08 |
| Jun 30, 2019 | -0.08 |
| Jun 30, 2017 | -0.13 |
| Jun 30, 2017 | -0.13 |
| Dec 31, 2016 | -0.24 |
| Dec 31, 2016 | -0.24 |
| Sep 30, 2015 | -0.30 |
| Sep 30, 2015 | -0.30 |
| Jun 30, 2014 | -0.18 |
| Jun 30, 2014 | -0.18 |
| Jun 30, 2013 | -0.23 |
| Jun 30, 2013 | -0.23 |
| Dec 31, 2012 | -0.01 |
| Dec 31, 2012 | -0.01 |
| Sep 30, 2012 | -0.14 |
| Sep 30, 2012 | -0.14 |
| Jun 30, 2012 | -0.01 |
| Jun 30, 2012 | -0.01 |
| Mar 31, 2012 | -0.09 |
| Mar 31, 2012 | -0.09 |
| Dec 31, 2011 | -0.56 |
| Dec 31, 2011 | -0.56 |
| Sep 30, 2011 | -0.79 |
| Sep 30, 2011 | -0.79 |
| Jun 30, 2011 | 0.01 |
| Jun 30, 2011 | 0.01 |
| Mar 31, 2011 | -0.24 |
| Mar 31, 2011 | -0.24 |
| Dec 31, 2010 | 0.92 |
| Dec 31, 2010 | 0.92 |
| Sep 30, 2010 | -0.35 |
| Sep 30, 2010 | -0.35 |
| Jun 30, 2010 | -1.43 |
| Jun 30, 2010 | -1.43 |