Beam Global (BEEM) Tax Rate (2010 - 2024)
Beam Global's (BEEM) quarterly Tax Rate came in at 50.61% in Q4 2024, up 5036.0% year-on-year from 0.99% in Q1 2024, and up 19643.51% quarter-over-quarter from 0.26% in Q4 2023.
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 50.61% for Q4 2024.
- On a quarterly basis, Tax Rate rose 5036.0% year-over-year to 50.61% in Q4 2024; TTM through Dec 2024 was 21.0%, a N/A change from a year earlier, with the FY2025 full-year figure at 77.43%, up 5643.0% from the prior year.
- Tax Rate advanced to 50.61% in Q4 2024 per BEEM's latest filing, from 0.26% in the prior quarter.
- Across five years, Tax Rate topped out at 50.61% in Q4 2024 and bottomed at 0.38% in Q3 2020.
- The 5-year median for Tax Rate is 0.03% (2022), against an average of 4.99%.
- Across the five-year window, Tax Rate sank 31 bps in 2023 and surged 5036 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 0.0% in 2020, then slumped by 5795 bps to 0.06% in 2021, then jumped by 79 bps to 0.01% in 2022, then surged by 2102 bps to 0.26% in 2023, then surged by 19644 bps to 50.61% in 2024.
- Per Business Quant, the three latest BEEM Tax Rate figures stand at 50.61% (Q4 2024), 0.26% (Q4 2023), and 0.34% (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 2.18% |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 5.66% |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 46.76% |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -31.47% |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -2.29% |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -2.43% |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 23.06% |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -3.52% |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 51.59% |
| 10 | Beam Global | 1.23 Mn | -738,907.30 | -415,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 50.61% |
| Dec 31, 2024 | 50.61% |
| Dec 31, 2024 | 50.61% |
| Dec 31, 2023 | 0.26% |
| Dec 31, 2023 | 0.26% |
| Dec 31, 2023 | 0.26% |
| Jun 30, 2023 | -0.34% |
| Jun 30, 2023 | -0.34% |
| Jun 30, 2023 | -0.34% |
| Mar 31, 2023 | -0.03% |
| Mar 31, 2023 | -0.03% |
| Mar 31, 2023 | -0.03% |
| Dec 31, 2022 | -0.01% |
| Dec 31, 2022 | -0.01% |
| Dec 31, 2022 | -0.01% |
| Jun 30, 2022 | -0.04% |
| Jun 30, 2022 | -0.04% |
| Jun 30, 2022 | -0.04% |
| Jun 30, 2021 | -0.06% |
| Jun 30, 2021 | -0.06% |