DevvStream (DEVSF) Tax Rate (2022 - 2023)
DevvStream's Tax Rate was -9.82% in fiscal Q2 2024 (quarter ended Jun 30, 2024), up 114.15 percentage points from -123.98% a year earlier but down 4.08 percentage points from the prior quarter.
DevvStream (DEVSF) Tax Rate (2022 - 2023) Analysis & Trends
On a trailing twelve-month basis, DevvStream's Tax Rate was -14.96% through Jun 30, 2024, down 37.84 percentage points year-over-year; for FY2023 (ended Dec 31, 2023), it came in at 97.89%, up 92.59 percentage points from FY2022.
- In earlier fiscal years, Tax Rate was 5.30% in FY2022.
- Quarterly Tax Rate has moved between -123.98% (fiscal Q2 2023) and 25.56% (fiscal Q1 2023) over five years.
- Compared with a year earlier, Tax Rate was higher in two of the last five quarters, with an average year-over-year change of -12.24 percentage points.
- Per Business Quant data, DEVSF's Tax Rate in the three fiscal quarters before Q2 2024 was -5.74% (Q1 2024), 18.92% (Q4 2023) and -9.58% (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.85 Bn | 44.35 Bn | - | 30.92% |
| 2 | Rocket Companies | 43.67 Bn | 29.35 Bn | - | 18.51% |
| 3 | Royalty Pharma | 33.56 Bn | 33.48 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | 20.18% |
| 5 | Synchrony Financial | 23.24 Bn | -44.73 Bn | - | 25.38% |
| 6 | Affirm Holdings | 22.66 Bn | 16.35 Bn | - | - |
| 7 | Royal Gold | 20.35 Bn | 19.57 Bn | 390.45 Mn | 19.69% |
| 8 | Annaly Capital Management | 15.27 Bn | 6.37 Bn | - | 0.83% |
| 9 | Ares Capital | 13.74 Bn | 11.17 Bn | - | - |
| 10 | DevvStream | 1.55 Mn | -12.77 Mn | -800.00 | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 18.92% |
| Mar 31, 2023 | 25.56% |
| Dec 31, 2022 | 18.75% |
| Sep 30, 2022 | 10.04% |
| Jun 30, 2022 | 0.64% |
DevvStream Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=DEVSF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "DEVSF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=DEVSF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();