DevvStream (DEVS) Tax Rate (2022 - 2024)

DevvStream (DEVS) reported Tax Rate of 9.82% for Q2 2024, up 11415.0% year-over-year from N/an in Q3 2023, and down 71.16% on a QoQ basis from 5.74% in Q1 2024.

DevvStream (DEVS) Tax Rate (2022 - 2024) Analysis & Trends

DevvStream's Tax Rate history runs 3 years deep, the most recent figure standing at 9.82% for Q2 2024.

  • Tax Rate for Q2 2024 came in at 9.82%, up 11415.0% year-over-year; the trailing twelve-month figure through Jun 2024 was 13.99% (down 3687.0% YoY), and the FY2024 annual result was 0.98%, changed N/A from the prior year.
  • Tax Rate came in at 9.82% for Q2 2024 at DevvStream, down from 5.74% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 25.56% in Q1 2023 to a low of 123.98% in Q2 2023.
  • A 3-year average of 8.75% and a median of 0.64% in 2022 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate slumped 12462 bps in 2023 and soared 11415 bps in 2024, its largest moves.
  • Over 3 years, Tax Rate stood at 18.75% in 2022, then decreased by 18 bps to 15.35% in 2023, then sank by 164 bps to 9.82% in 2024.
  • The last three Tax Rate figures came in at 9.82% (Q2 2024), 5.74% (Q1 2024), and 15.35% (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Aduro Clean Technologies 856.39 Bn 856.36 Bn - -
2 Veralto 20.76 Bn 19.33 Bn 854.00 Mn 20.87
3 Zurn Elkay Water Solutions 8.35 Bn 8.08 Bn 205.80 Mn 23.41
4 Federal Signal 7.20 Bn 7.13 Bn 179.40 Mn 23.64
5 Ceco Environmental 3.52 Bn 3.48 Bn 63.92 Mn 93.38
6 PureCycle Technologies 1.57 Bn 1.47 Bn - -
7 Energy Recovery 497.64 Mn 411.49 Mn 2.70 Mn 12.66
8 CleanCore Solutions 210.18 Mn 193.13 Mn -419,259.00 -
9 Arq 118.94 Mn 114.26 Mn 9.94 Mn -
10 DevvStream 5.20 Mn 4.75 Mn -800.00 -

Historic Data

Download Data
DateValue
Jun 30, 2024 -9.82%
Jun 30, 2024 -9.82%
Mar 31, 2024 -5.74%
Mar 31, 2024 -5.74%
Dec 31, 2023 15.35%
Dec 31, 2023 15.35%
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%