Envirotech Vehicles (EVTV) Tax Rate (2017 - 2021)

Envirotech Vehicles (EVTV) posted quarterly Tax Rate of 0.28% for Q3 2021, up 99.43% on a QoQ basis from 49.59% in Q1 2021.

Envirotech Vehicles (EVTV) Tax Rate (2017 - 2021) Analysis & Trends

Envirotech Vehicles (EVTV) has reported Tax Rate for 3 consecutive years, with 0.28% the latest figure, recorded in Q3 2021.

  • In Q3 2021, Tax Rate changed N/A year-over-year to 0.28%; the TTM figure through Jun 2022 stood at 0.02% (up 1400.0% YoY), while the FY2021 annual figure was 2.97%, down 3426.0% from the prior year.
  • Tax Rate came in at 0.28% for Q3 2021 at Envirotech Vehicles, up from 49.59% in the prior quarter.
  • The five-year high for Tax Rate was 0.01% in Q3 2017, with the low at 49.59% in Q1 2021.
  • Average Tax Rate over 3 years is 10.02%, with a median of 0.13% recorded in 2017.
  • The largest YoY upside for Tax Rate was 5 bps in 2018 against a maximum downside of 5 bps in 2018.
  • Year by year, Tax Rate stood at 0.01% in 2017, then tumbled by 781 bps to 0.07% in 2018, then tumbled by 284 bps to 0.28% in 2021.
  • According to Business Quant data, Tax Rate over the past three periods registered 0.28%, 49.59%, and 0.07% for Q3 2021, Q1 2021, and Q1 2018 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 34.36%
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn 12.40%
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn 19.18%
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn 0.64%
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn 0.48%
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn -12.50%
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn 3.79%
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn -0.12%
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn -0.02%
10 Envirotech Vehicles 22.94 Mn 20.92 Mn -188,612.00 -

Historic Data

Download Data
DateValue
Sep 30, 2021 -0.28
Sep 30, 2021 -0.28
Mar 31, 2021 -49.59
Mar 31, 2021 -49.59
Mar 31, 2018 -0.07
Mar 31, 2018 -0.07
Sep 30, 2017 -0.01
Sep 30, 2017 -0.01
Mar 31, 2017 -0.13
Mar 31, 2017 -0.13