Cheetah Net Supply Chain Service (CTNT) Tax Rate (2022 - 2024)
Cheetah Net Supply Chain Service (CTNT) recorded quarterly Tax Rate of 32.16% in Q4 2024, down 27.96% quarter-over-quarter from 44.65% in Q3 2024, and up 965.0% on a YoY basis from 3.02% in Q1 2024.
Cheetah Net Supply Chain Service (CTNT) Tax Rate (2022 - 2024) Analysis & Trends
Cheetah Net Supply Chain Service's Tax Rate history runs 3 years deep, the most recent figure standing at 32.16% for Q4 2024.
- In Q4 2024, Tax Rate rose 965.0% year-over-year to 32.16%; the TTM figure through Dec 2024 stood at 29.65% (up 436.0% YoY), while the FY2025 annual figure was 0.14%, down 640.0% from the prior year.
- Tax Rate was 32.16% for Q4 2024 at Cheetah Net Supply Chain Service, down from 44.65% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 44.65% in Q3 2024 to a low of 83.69% in Q4 2022.
- Historically, Tax Rate has averaged 12.76% across 3 years, with a median of 23.08% in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 10621 bps in 2023, then tumbled 2919 bps in 2024.
- A 3-year view of Tax Rate shows it stood at 83.69% in 2022, then soared by 127 bps to 22.52% in 2023, then soared by 43 bps to 32.16% in 2024.
- The last three Tax Rate figures came in at 32.16% (Q4 2024), 44.65% (Q3 2024), and 31.01% (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | 23.13% |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | 16.39% |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn | 25.16% |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn | 11.66% |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | -25.96% |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | 25.19% |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | 70.59% |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | -21.36% |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | 27.76% |
| 10 | Cheetah Net Supply Chain Service | 5.74 Mn | 5.51 Mn | 31,441.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 32.16% |
| Dec 31, 2024 | 32.16% |
| Sep 30, 2024 | 44.65% |
| Sep 30, 2024 | 44.65% |
| Jun 30, 2024 | 31.01% |
| Jun 30, 2024 | 31.01% |
| Mar 31, 2024 | -0.71% |
| Mar 31, 2024 | -0.71% |
| Dec 31, 2023 | 22.52% |
| Dec 31, 2023 | 22.52% |
| Sep 30, 2023 | 26.46% |
| Sep 30, 2023 | 26.46% |
| Jun 30, 2023 | -5.08% |
| Jun 30, 2023 | -5.08% |
| Mar 31, 2023 | 28.48% |
| Mar 31, 2023 | 28.48% |
| Dec 31, 2022 | -83.69% |
| Dec 31, 2022 | -83.69% |
| Sep 30, 2022 | 21.50% |
| Sep 30, 2022 | 21.50% |