Beam Global (BEEM) Tax Rate (2010 - 2024)
Beam Global (BEEM) recorded quarterly Tax Rate of 5.49% in Q4 2024, down 27931.05% quarter-over-quarter from 0.02% in Q4 2023, and down 551.0% on a YoY basis from 1.22% in Q1 2024.
Beam Global (BEEM) Tax Rate (2010 - 2024) Analysis & Trends
Beam Global's Tax Rate history runs 14 years deep, the most recent figure standing at 5.49% for Q4 2024.
- In Q4 2024, Tax Rate fell 551.0% year-over-year to 5.49%; the TTM figure through Dec 2024 stood at 2.02% (down 195.0% YoY), while the FY2025 annual figure was 2.03%, up 405.0% from the prior year.
- Tax Rate was 5.49% for Q4 2024 at Beam Global, down from 0.02% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 0.02% in Q4 2023 to a low of 5.49% in Q4 2024.
- Historically, Tax Rate has averaged 0.64% across 5 years, with a median of 0.05% in 2021.
- The sharpest annual moves came in 2021 and 2024: Tax Rate increased 4 bps in 2021, then tumbled 551 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 0.0% in 2020, then plunged by 5795 bps to 0.06% in 2021, then jumped by 79 bps to 0.01% in 2022, then soared by 254 bps to 0.02% in 2023, then sank 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | 2.18% |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 5.66% |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 46.43% |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -2.29% |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -2.43% |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 23.06% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 50.91% |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -31.47% |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 8.57% |
| 10 | Beam Global | 230,000.00 | -1.74 Mn | -415,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -5.49% |
| Dec 31, 2024 | -5.49% |
| 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% |