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-over-year from N/an in Q4 2023, and up 35853.67% quarter-over-quarter from 8.02% in Q2 2024.
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Direct Digital Holdings (DRCT) Tax Rate (2021 - 2024) Analysis & Trends
Direct Digital Holdings (DRCT) has reported Tax Rate for 4 consecutive years, with 2884.72% the latest figure, recorded 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 was 2884.72% for Q3 2024 at Direct Digital Holdings, up from 8.02% in the prior quarter.
- Over five years, Tax Rate peaked at 2884.72% in Q3 2024 and troughed at 4.16% in Q4 2023.
- A 4-year average of 244.3% and a median of 4.85% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate tumbled 895 bps in 2023 and surged 288000 bps in 2024, its largest moves.
- Over 4 years, Tax Rate stood at 2.59% in 2021, then soared by 429 bps to 13.67% in 2022, then sank by 130 bps to 4.16% in 2023, then soared by 69376 bps to 2884.72% in 2024.
- The last three Tax Rate figures came in at 2884.72% (Q3 2024), 8.02% (Q2 2024), and 4.98% (Q1 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,988.57 Bn | 3,559.53 Bn | 73.85 Bn | 19.14% |
| 2 | AppLovin | 102.43 Bn | 99.38 Bn | 1.70 Bn | 15.87% |
| 3 | Trade Desk | 6.51 Bn | 5.03 Bn | 530.72 Mn | 43.06% |
| 4 | Magnite | 3.38 Bn | 3.05 Bn | 130.79 Mn | 24.27% |
| 5 | DoubleVerify Holdings | 2.06 Bn | 1.85 Bn | 161.31 Mn | 41.08% |
| 6 | Digital Turbine | 1.28 Bn | 1.24 Bn | - | - |
| 7 | Taboola.com | 1.03 Bn | 897.53 Mn | 139.48 Mn | 40.80% |
| 8 | Quinstreet | 1.02 Bn | 890.87 Mn | 49.81 Mn | -12.44% |
| 9 | Ibotta | 916.56 Mn | 768.39 Mn | 69.72 Mn | -131.58% |
| 10 | Direct Digital Holdings | 1.30 Mn | 777,470.03 | 2.66 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 2,884.72% |
| Jun 30, 2024 | 8.02% |
| Mar 31, 2024 | 4.98% |
| Dec 31, 2023 | -4.16% |
| Sep 30, 2023 | 4.72% |
| Jun 30, 2023 | 5.83% |
| Mar 31, 2023 | 5.26% |
| Sep 30, 2022 | 13.67% |
| Jun 30, 2022 | 3.21% |
| Dec 31, 2021 | 2.59% |
| Sep 30, 2021 | -0.39% |
| Jun 30, 2021 | 3.15% |