REE Automotive (REE) Profit After Tax (2020 - 2024)
REE Automotive (REE) posted quarterly Profit After Tax of -$37.3 million for Q4 2024, down 205.86% YoY from $35.2 million in Q1 2024, and down 196.9% sequentially from $38.5 million in Q3 2024.
REE Automotive (REE) Profit After Tax (2020 - 2024) Analysis & Trends
REE Automotive has disclosed Profit After Tax across 5 years of filings, most recently posting -$37.3 million for Q4 2024.
- In Q4 2024, Profit After Tax fell 205.86% year-over-year to -$37.3 million; the TTM figure through Dec 2024 stood at -$10.8 billion (down 144.58% YoY), while the FY2025 annual figure was $55.8 billion, down 50.06% from the prior year.
- Profit After Tax slipped to -$37.3 million in Q4 2024, from $38.5 million in the prior quarter.
- Over the last five years, Profit After Tax for REE reached as high as $24.1 billion in Q3 2023 and fell as low as -$31.2 billion in Q2 2021.
- The 5-year median for Profit After Tax is -$30.4 million (2022), against an average of -$2.3 billion.
- Annual changes were most pronounced in 2021 — Profit After Tax tumbled 91997.72% — and 2023, when it soared 72269.08%.
- A 5-year view of Profit After Tax shows it stood at -$10.7 million in 2020, then plunged by 335.22% to -$46.7 million in 2021, then surged by 41.57% to -$27.3 million in 2022, then soared by 229.25% to $35.2 million in 2023, then plunged by 205.86% to -$37.3 million in 2024.
- According to Business Quant data, Profit After Tax over the past three periods registered -$37.3 million, $38.5 million, and -$10.8 billion for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 30.00 Mn |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 641.49 Mn |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 12.00 Mn |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 188.54 Mn |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | -223.00 Mn |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 255.00 Mn |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 189.00 Mn |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 142.00 Mn |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | -46.80 Mn |
| 10 | REE Automotive | 6.75 Mn | -7.50 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -37.30 Mn |
| Sep 30, 2024 | 38.49 Mn |
| Jun 30, 2024 | 10.79 Bn |
| Dec 31, 2023 | 35.23 Mn |
| Sep 30, 2023 | -24.14 Bn |
| Dec 31, 2022 | -27.26 Mn |
| Sep 30, 2022 | -33.45 Mn |
| Jun 30, 2022 | -25.25 Mn |
| Mar 31, 2022 | -23.02 Mn |
| Dec 31, 2021 | -46.65 Mn |
| Sep 30, 2021 | -414.91 Mn |
| Jun 30, 2021 | -31.18 Bn |
| Mar 31, 2021 | -12.60 Mn |
| Dec 31, 2020 | 10.72 Mn |
| Sep 30, 2020 | -18.79 Bn |
| Jun 30, 2020 | -33.85 Mn |