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| Date | Value |
|---|---|
| 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 |