DevvStream (DEVSF) Tax Rate (2022 - 2024)
DevvStream (DEVSF) posted quarterly Tax Rate of 9.82% for Q2 2024, up 11415.0% year-over-year from N/an in Q3 2023, and down 71.16% quarter-over-quarter from 5.74% in Q1 2024.
DevvStream (DEVSF) 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.
- In Q2 2024, Tax Rate rose 11415.0% year-over-year to 9.82%; the TTM figure through Jun 2024 stood at 14.96% (down 3784.0% YoY), while the FY2023 annual figure was 97.89%, up 9259.0% 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.
- The 3-year median for Tax Rate is 0.64% (2022), against an average of 8.36%.
- The sharpest annual moves came in 2023 and 2024: Tax Rate plunged 12462 bps in 2023, then jumped 11415 bps in 2024.
- DevvStream's Tax Rate stood at 18.75% in 2022, then grew by 1 bps to 18.92% in 2023, then slumped by 152 bps to 9.82% in 2024.
- Business Quant data shows DEVSF's Tax Rate at 9.82% in Q2 2024, 5.74% in Q1 2024, and 18.92% in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 24.35 Bn | 22.23 Bn | 902.00 Mn | 16.61% |
| 2 | Zurn Elkay Water Solutions | 8.16 Bn | 7.80 Bn | 288.30 Mn | 25.05% |
| 3 | Federal Signal | 7.42 Bn | 7.35 Bn | 203.80 Mn | 22.71% |
| 4 | Ceco Environmental | 3.17 Bn | 3.11 Bn | 86.47 Mn | 22.63% |
| 5 | PureCycle Technologies | 1.24 Bn | 1.24 Bn | - | - |
| 6 | Aduro Clean Technologies | 521.85 Mn | 493.18 Mn | - | - |
| 7 | Energy Recovery | 398.07 Mn | 305.01 Mn | 8.96 Mn | 37.07% |
| 8 | Arq | 94.31 Mn | 93.40 Mn | 11.51 Mn | - |
| 9 | Fuel Tech | 43.03 Mn | 23.42 Mn | 2.68 Mn | -0.82% |
| 10 | DevvStream | 1.75 Mn | 1.30 Mn | -800.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -9.82% |
| Jun 30, 2024 | -9.82% |
| Jun 30, 2024 | -9.82% |
| Mar 31, 2024 | -5.74% |
| Mar 31, 2024 | -5.74% |
| Mar 31, 2024 | -5.74% |
| Dec 31, 2023 | 18.92% |
| Dec 31, 2023 | 18.92% |
| Dec 31, 2023 | 18.92% |
| Sep 30, 2023 | -9.58% |
| Sep 30, 2023 | -9.58% |
| Sep 30, 2023 | -9.58% |
| Jun 30, 2023 | -123.98% |
| Jun 30, 2023 | -123.98% |
| Jun 30, 2023 | -123.98% |
| Mar 31, 2023 | 25.56% |
| Mar 31, 2023 | 25.56% |
| Mar 31, 2023 | 25.56% |
| Dec 31, 2022 | 18.75% |
| Dec 31, 2022 | 18.75% |