REE Automotive (REE) Tax Provisions (2021 - 2024)

REE Automotive (REE) posted quarterly Tax Provisions of $781000.0 for Q4 2024, up 165.08% YoY from $294624.3 in Q1 2024, and up 6608.33% sequentially from -$12000.0 in Q3 2024.

REE Automotive (REE) Tax Provisions (2021 - 2024) Analysis & Trends

REE Automotive has disclosed Tax Provisions across 4 years of filings, most recently posting $781000.0 for Q4 2024.

  • In Q4 2024, Tax Provisions rose 165.08% year-over-year to $781000.0; the TTM figure through Dec 2024 stood at -$139.8 million (down 1551.81% YoY), while the FY2025 annual figure was -$2.0 billion, down 196.56% from the prior year.
  • Tax Provisions rose to $781000.0 in Q4 2024, from -$12000.0 in the prior quarter.
  • Over the last five years, Tax Provisions for REE reached as high as $11.0 million in Q3 2023 and fell as low as -$142.0 million in Q2 2024.
  • The 4-year median for Tax Provisions is $267500.0 (2022), against an average of -$9.1 million.
  • The widest YoY moves for Tax Provisions: up 4323.53% in 2024, down 103549.64% in 2024.
  • A 4-year view of Tax Provisions shows it stood at $1.2 million in 2021, then sank by 93.38% to $81000.0 in 2022, then slumped by 1581.48% to -$1.2 million in 2023, then surged by 165.08% to $781000.0 in 2024.
  • According to Business Quant data, Tax Provisions over the past three periods registered $781000.0, -$12000.0, and -$142.0 million for Q4 2024, Q3 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn 186.00 Mn
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn 171.78 Mn
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn 88.00 Mn
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn 56.86 Mn
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn -
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn 73.00 Mn
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn 81.00 Mn
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn 60.00 Mn
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn 8.30 Mn
10 REE Automotive 6.75 Mn -7.50 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 781,000.00
Sep 30, 2024 -12,000.00
Jun 30, 2024 -142.00 Mn
Mar 31, 2024 1.44 Mn
Dec 31, 2023 -1.20 Mn
Sep 30, 2023 11.00 Mn
Jun 30, 2023 -137,000.00
Mar 31, 2023 -34,000.00
Dec 31, 2022 81,000.00
Sep 30, 2022 454,000.00
Jun 30, 2022 619,000.00
Mar 31, 2022 594,000.00
Dec 31, 2021 1.22 Mn
Sep 30, 2021 13,000.00