DevvStream (DEVS) Tax Rate (2022 - 2024)
DevvStream's quarterly Tax Rate came in at 9.82% in Q2 2024, up 11415.0% year-on-year from N/an in Q3 2023, and down 71.16% quarter-over-quarter from 5.74% in Q1 2024.
DevvStream has reported Tax Rate for 3 years, with the latest figure at 9.82% in Q2 2024.
- For the quarter ending Q2 2024, Tax Rate rose 11415.0% year-over-year to 9.82%; the trailing twelve-month figure through Jun 2024 stood at 14.96% (down 3784.0% YoY), and the FY2024 full-year result was 3.03%, changed N/A from the prior year.
- Tax Rate for Q2 2024 stood at 9.82%, down from 5.74% in the prior quarter.
- The five-year high for Tax Rate was 25.56% in Q1 2023, with the low at 123.98% in Q2 2023.
- Average Tax Rate over 3 years is 8.36%, with a median of 0.64% recorded in 2022.
- Year-over-year, Tax Rate sank 12462 bps in 2023 and jumped 11415 bps in 2024.
- Tracing DEVS's Tax Rate over 3 years: stood at 18.75% in 2022, then rose by 1 bps to 18.92% in 2023, then slumped by 152 bps to 9.82% in 2024.
- The last three Tax Rate figures came in at 9.82% (Q2 2024), 5.74% (Q1 2024), and 18.92% (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 20.72 Bn | 19.29 Bn | 854.00 Mn | 20.87 |
| 2 | Zurn Elkay Water Solutions | 7.83 Bn | 7.56 Bn | 205.80 Mn | 23.41 |
| 3 | Federal Signal | 6.47 Bn | 6.40 Bn | 179.40 Mn | 23.64 |
| 4 | Ceco Environmental | 2.82 Bn | 2.78 Bn | 63.92 Mn | 93.38 |
| 5 | PureCycle Technologies | 2.21 Bn | 2.11 Bn | - | - |
| 6 | Euro Tech Holdings | 1.36 Bn | 1.34 Bn | - | - |
| 7 | Energy Recovery | 421.81 Mn | 335.66 Mn | 2.70 Mn | 12.66 |
| 8 | CleanCore Solutions | 173.22 Mn | 156.17 Mn | -419,259.00 | - |
| 9 | Arq | 116.43 Mn | 111.76 Mn | 9.94 Mn | - |
| 10 | DevvStream | 7,452.36 | -2.21 Mn | 270.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -9.82 |
| Jun 30, 2024 | -9.82 |
| Mar 31, 2024 | -5.74 |
| Mar 31, 2024 | -5.74 |
| Dec 31, 2023 | 18.92 |
| Dec 31, 2023 | 18.92 |
| Sep 30, 2023 | -9.58 |
| Sep 30, 2023 | -9.58 |
| Jun 30, 2023 | -123.98 |
| Jun 30, 2023 | -123.98 |
| Mar 31, 2023 | 25.56 |
| Mar 31, 2023 | 25.56 |
| Dec 31, 2022 | 18.75 |
| Dec 31, 2022 | 18.75 |
| Sep 30, 2022 | 10.04 |
| Sep 30, 2022 | 10.04 |
| Jun 30, 2022 | 0.64 |
| Jun 30, 2022 | 0.64 |