REE Automotive (REE) Tax Rate (2021 - 2024)
REE Automotive (REE) reported Tax Rate of 2.14% for Q4 2024, down 543.0% year-over-year from 0.48% in Q1 2024, and down 6962.13% quarter-over-quarter from 0.03% in Q3 2024.
REE Automotive (REE) Tax Rate (2021 - 2024) Analysis & Trends
REE Automotive (REE) has 4 years of Tax Rate data on file, last reported at 2.14% in Q4 2024.
- Tax Rate for Q4 2024 came in at 2.14%, down 543.0% year-over-year; the trailing twelve-month figure through Dec 2024 was 1.27% (up 131.0% YoY), and the FY2025 annual result was 3.45%, up 533.0% from the prior year.
- Tax Rate slipped to 2.14% in Q4 2024 per REE's latest filing, from 0.03% in the prior quarter.
- Over five years, Tax Rate peaked at 3.29% in Q4 2023 and troughed at 2.69% in Q4 2021.
- A 4-year average of 0.64% and a median of 0.3% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate soared 359 bps in 2023, then tumbled 543 bps in 2024.
- 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 plunged by 165 bps to 2.14% in 2024.
- Business Quant data shows REE's Tax Rate at 2.14% in Q4 2024, 0.03% in Q3 2024, and 1.3% in Q2 2024.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | 22.55% |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | 21.12% |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | -21.56% |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | 22.26% |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 23.17% |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 28.42% |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | - |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 101.15% |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 15.15% |
| 10 | REE Automotive | 11.57 Mn | -4.65 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |