Maxeon Solar Technologies, Ltd. (MAXNQ) Tax Rate (2019 - 2024)
Maxeon Solar Technologies' (MAXNQ) quarterly Tax Rate came in at 5.29% in Q4 2024, up 83.0% YoY from 2.89% in Q1 2024, and up 10.65% on a QoQ basis from 5.92% in Q3 2024.
Maxeon Solar Technologies, Ltd. (MAXNQ) Tax Rate (2019 - 2024) Analysis & Trends
Maxeon Solar Technologies (MAXNQ) has 6 years of Tax Rate data on file, last reported at 5.29% in Q4 2024.
- Quarterly Tax Rate rose 83.0% year-over-year to 5.29% in Q4 2024, while the trailing twelve-month figure through Dec 2024 was 5.39% (down 811.0% YoY) and the FY2024 annual result came in at 3.01%, up 324.0% from the prior year.
- Tax Rate rose to 5.29% in Q4 2024, from 5.92% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 12.88% in Q3 2020 to a low of 54.06% in Q1 2023.
- A 5-year average of 6.38% and a median of 0.8% in 2021 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2021 — Tax Rate tumbled 5612 bps — and 2023, when it soared 4794 bps.
- Tracing MAXNQ's Tax Rate over 5 years: 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 plunged by 223 bps to 6.12% in 2023, then advanced by 14 bps to 5.29% in 2024.
- The last three Tax Rate figures came in at 5.29% (Q4 2024), 5.92% (Q3 2024), and 5.51% (Q2 2024), per Business Quant data.
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Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -5.29% |
| Dec 31, 2024 | -5.29% |
| Dec 31, 2024 | -5.29% |
| Sep 29, 2024 | -5.92% |
| Sep 29, 2024 | -5.92% |
| Sep 29, 2024 | -5.92% |
| Jun 30, 2024 | -5.51% |
| Jun 30, 2024 | -5.51% |
| Jun 30, 2024 | -5.51% |
| Mar 31, 2024 | -2.26% |
| Mar 31, 2024 | -2.26% |
| Mar 31, 2024 | -2.26% |
| Dec 31, 2023 | -6.12% |
| Dec 31, 2023 | -6.12% |
| Dec 31, 2023 | -6.12% |
| Oct 1, 2023 | 5.04% |
| Oct 1, 2023 | 5.04% |
| Oct 1, 2023 | 5.04% |
| Jul 2, 2023 | -27.24% |
| Jul 2, 2023 | -27.24% |