Direct Digital Holdings (DRCT) Tax Rate (2021 - 2024)

Direct Digital Holdings' (DRCT) quarterly Tax Rate came in at 2884.72% in Q3 2024, up 288000.0% year-on-year from N/an in Q4 2023, and up 35853.67% on a QoQ basis from 8.02% in Q2 2024.

Direct Digital Holdings (DRCT) Tax Rate (2021 - 2024) Analysis & Trends

Direct Digital Holdings (DRCT) has 4 years of Tax Rate data on file, last reported at 2884.72% in Q3 2024.

  • On a quarterly basis, Tax Rate rose 288000.0% year-over-year to 2884.72% in Q3 2024; TTM through Jun 2025 was 40.09%, a 3940.0% decrease from a year earlier, with the FY2024 full-year figure at 44.52%, down 3547.0% from the prior year.
  • Tax Rate for Q3 2024 stood at 2884.72%, up from 8.02% in the prior quarter.
  • Over the last five years, Tax Rate for DRCT reached as high as 2884.72% in Q3 2024 and fell as low as 4.16% in Q4 2023.
  • Historically, Tax Rate has averaged 244.3% across 4 years, with a median of 4.85% in 2023.
  • Across the five-year window, Tax Rate plunged 895 bps in 2023 and jumped 288000 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 2.59% in 2021, then jumped by 429 bps to 13.67% in 2022, then sank by 130 bps to 4.16% in 2023, then jumped by 69376 bps to 2884.72% in 2024.
  • Per Business Quant data, the three most recent Tax Rate figures were 2884.72% in Q3 2024, 8.02% in Q2 2024, and 4.98% in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 AppLovin 134.57 Bn 131.82 Bn 1.64 Bn 15.77%
2 Wpp 26.03 Bn 22.66 Bn - -32.04%
3 Omnicom 22.21 Bn 18.26 Bn 1.04 Bn 26.92%
4 Trade Desk 7.97 Bn 6.56 Bn 506.89 Mn 49.34%
5 Magnite 2.57 Bn 2.39 Bn 103.96 Mn -18.76%
6 Ziff Davis 1.94 Bn 1.42 Bn 223.32 Mn -80.49%
7 Stagwell 1.76 Bn 1.66 Bn 244.61 Mn 17.29%
8 DoubleVerify Holdings 1.67 Bn 1.50 Bn 147.67 Mn 54.95%
9 Clear Channel Outdoor Holdings 1.20 Bn 1.03 Bn 193.76 Mn 15.15%
10 Direct Digital Holdings 201,739.99 -5.75 Mn 2.26 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2024 2,884.72%
Sep 30, 2024 2,884.72%
Sep 30, 2024 2,884.72%
Jun 30, 2024 8.02%
Jun 30, 2024 8.02%
Jun 30, 2024 8.02%
Mar 31, 2024 4.98%
Mar 31, 2024 4.98%
Mar 31, 2024 4.98%
Dec 31, 2023 -4.16%
Dec 31, 2023 -4.16%
Dec 31, 2023 -4.16%
Sep 30, 2023 4.72%
Sep 30, 2023 4.72%
Sep 30, 2023 4.72%
Jun 30, 2023 5.83%
Jun 30, 2023 5.83%
Jun 30, 2023 5.83%
Mar 31, 2023 5.26%
Mar 31, 2023 5.26%