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| 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 | 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% |