BitVentures (BVC) Tax Rate (2020 - 2023)

BitVentures' (BVC) quarterly Tax Rate came in at 46.91% in Q2 2023, up 1993.0% year-on-year from 2.24% in Q2 2022, and up 73.88% on a QoQ basis from 26.98% in Q2 2022.

BitVentures (BVC) Tax Rate (2020 - 2023) Analysis & Trends

BitVentures (BVC) has 4 years of Tax Rate data on file, last reported at 46.91% in Q2 2023.

  • On a quarterly basis, Tax Rate rose 1993.0% year-over-year to 46.91% in Q2 2023; TTM through Jun 2023 was 31.54%, a 266.0% increase from a year earlier, with the FY2025 full-year figure at 2.06%, changed N/A from the prior year.
  • Tax Rate for Q2 2023 stood at 46.91%, up from 26.98% in the prior quarter.
  • Over the last five years, Tax Rate for BVC reached as high as 46.91% in Q2 2023 and fell as low as 26.98% in Q2 2022.
  • Historically, Tax Rate has averaged 32.99% across 4 years, with a median of 30.33% in 2021.
  • Across the five-year window, Tax Rate sank 750 bps in 2021 and surged 1993 bps in 2023, its largest moves.
  • Year by year, Tax Rate stood at 35.44% in 2020, then slipped by 21 bps to 27.94% in 2021, then dropped by 3 bps to 26.98% in 2022, then jumped by 74 bps to 46.91% in 2023.
  • Per Business Quant data, the three most recent Tax Rate figures were 46.91% in Q2 2023, 26.98% in Q2 2022, and 27.94% in Q2 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -29.13%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -18.42%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 8.36%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 39.11%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 22.57%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 31.96%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 23.68%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 0.37%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 21.59%
10 BitVentures 1.03 Mn 1.03 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2023 46.91%
Jun 30, 2023 46.91%
Jun 30, 2023 46.91%
Jun 30, 2022 26.98%
Jun 30, 2022 26.98%
Jun 30, 2022 26.98%
Jun 30, 2021 27.94%
Jun 30, 2021 27.94%
Jun 30, 2021 27.94%
Mar 31, 2021 31.50%
Mar 31, 2021 31.50%
Mar 31, 2021 31.50%
Jun 30, 2020 35.44%
Jun 30, 2020 35.44%
Jun 30, 2020 35.44%
Mar 31, 2020 29.17%
Mar 31, 2020 29.17%
Mar 31, 2020 29.17%