Maxeon Solar Technologies (MAXNQ) Tax Rate (2019 - 2024)

Maxeon Solar Technologies has reported Tax Rate for 6 years, with the latest figure at 5.27% in Q4 2024.

• For the quarter ending Q4 2024, Tax Rate fell 1132.0% year-over-year to 5.27%; the trailing twelve-month figure through Dec 2024 stood at 3.53% (down 593.0% YoY), and the FY2024 full-year result was 3.01%, up 324.0% from the prior year.
• Tax Rate for Q4 2024 stood at 5.27%, down from 5.94% in the prior quarter.
• The five-year high for Tax Rate was 156.15% in Q1 2023, with the low at 43.76% in Q1 2021.
• Historically, Tax Rate has averaged 4.43% across 5 years, with a median of 0.8% in 2021.
• The largest YoY upside for Tax Rate was 15835 bps in 2023 against a maximum downside of 15010 bps in 2023.
• Maxeon Solar Technologies' Tax Rate stood at 12.88% in 2020, then sank by 97 bps to 0.35% in 2021, then soared by 1314 bps to 4.99% in 2022, then advanced by 21 bps to 6.05% in 2023, then slumped by 187 bps to 5.27% in 2024.
• The last three Tax Rate figures came in at 5.27% (Q4 2024), 5.94% (Q3 2024), and 5.59% (Q2 2024), per Business Quant data.