Forum Markets (FRMM) Tax Rate (2017 - 2023)

Forum Markets' (FRMM) quarterly Tax Rate came in at 0.36% in Q4 2023, down 98.08% quarter-over-quarter from 18.6% in Q3 2023.

Forum Markets (FRMM) Tax Rate (2017 - 2023) Analysis & Trends

Forum Markets' Tax Rate history runs 6 years deep, the most recent figure standing at 0.36% for Q4 2023.

  • On a quarterly basis, Tax Rate changed N/A year-over-year to 0.36% in Q4 2023; TTM through Dec 2023 was 10.6%, a N/A change from a year earlier, with the FY2025 full-year figure at 21.0%, up 2108.0% from the prior year.
  • Tax Rate declined to 0.36% in Q4 2023 per FRMM's latest filing, from 18.6% in the prior quarter.
  • Across five years, Tax Rate topped out at 173.73% in Q3 2019 and bottomed at 1.88% in Q2 2020.
  • The 4-year median for Tax Rate is 0.29% (2023), against an average of 24.24%.
  • Across the five-year window, Tax Rate jumped 15226 bps in 2019 and tumbled 17311 bps in 2020, its largest moves.
  • Year by year, Tax Rate stood at 0.88% in 2019, then sank by 92 bps to 0.07% in 2020, then tumbled by 1072 bps to 0.64% in 2021, then soared by 155 bps to 0.36% in 2023.
  • Per Business Quant, the three latest FRMM Tax Rate figures stand at 0.36% (Q4 2023), 18.6% (Q3 2023), and 0.64% (Q4 2021).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -29.13%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -18.42%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 8.36%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 39.11%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 22.57%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 31.96%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 23.68%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 0.37%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 21.59%
10 Forum Markets 120.77 Mn 54.87 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2023 0.36%
Dec 31, 2023 0.36%
Dec 31, 2023 0.36%
Sep 30, 2023 18.60%
Sep 30, 2023 18.60%
Sep 30, 2023 18.60%
Dec 31, 2021 -0.64%
Dec 31, 2021 -0.64%
Dec 31, 2021 -0.64%
Sep 30, 2021 -0.03%
Sep 30, 2021 -0.03%
Sep 30, 2021 -0.03%
Jun 30, 2021 0.02%
Jun 30, 2021 0.02%
Jun 30, 2021 0.02%
Mar 31, 2021 0.03%
Mar 31, 2021 0.03%
Mar 31, 2021 0.03%
Dec 31, 2020 0.07%
Dec 31, 2020 0.07%