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

REE Automotive (REE) posted quarterly Tax Rate of 2.14% for Q4 2024, down 543.0% YoY from 0.48% in Q1 2024, and down 6962.13% sequentially from 0.03% in Q3 2024.

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

REE Automotive has disclosed Tax Rate across 4 years of filings, most recently posting 2.14% for Q4 2024.

  • In Q4 2024, Tax Rate fell 543.0% year-over-year to 2.14%; the TTM figure through Dec 2024 stood at 1.27% (up 131.0% YoY), while the FY2025 annual figure was 3.45%, up 533.0% from the prior year.
  • Tax Rate declined to 2.14% in Q4 2024, from 0.03% in the prior quarter.
  • Over the last five years, Tax Rate for REE reached as high as 3.29% in Q4 2023 and fell as low as 2.69% in Q4 2021.
  • The 4-year median for Tax Rate is 0.3% (2022), against an average of 0.64%.
  • Annual changes were most pronounced in 2023 — Tax Rate soared 359 bps — and 2024, when it sank 543 bps.
  • A 4-year view of Tax Rate shows it stood at 2.69% in 2021, then surged by 89 bps to 0.3% in 2022, then soared by 1205 bps to 3.29% in 2023, then slumped by 165 bps to 2.14% in 2024.
  • According to Business Quant data, Tax Rate over the past three periods registered 2.14%, 0.03%, and 1.3% for Q4 2024, Q3 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn 885.71%
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn 21.12%
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn 101.15%
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn 23.17%
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn -
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn 22.26%
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn 28.42%
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn 29.70%
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn -21.56%
10 REE Automotive 6.75 Mn -7.50 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -2.14%
Dec 31, 2024 -2.14%
Sep 30, 2024 0.03%
Sep 30, 2024 0.03%
Jun 30, 2024 1.30%
Jun 30, 2024 1.30%
Dec 31, 2023 3.29%
Dec 31, 2023 3.29%
Sep 30, 2023 -0.05%
Sep 30, 2023 -0.05%
Dec 31, 2022 -0.30%
Dec 31, 2022 -0.30%
Sep 30, 2022 -1.38%
Sep 30, 2022 -1.38%
Jun 30, 2022 -2.51%
Jun 30, 2022 -2.51%
Mar 31, 2022 -2.65%
Mar 31, 2022 -2.65%
Dec 31, 2021 -2.69%
Dec 31, 2021 -2.69%