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
DateValue
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%