REE Automotive (REEAF) Tax Provisions (2021 - 2024)
REE Automotive's (REEAF) quarterly Tax Provisions came in at $781000.0 in Q4 2024, up 165.08% year-over-year from $294624.3 in Q1 2024, and up 6608.33% quarter-over-quarter from -$12000.0 in Q3 2024.
Analysis
REE Automotive (REEAF) Tax Provisions (2021 - 2024) Analysis & Trends
REE Automotive (REEAF) has reported Tax Provisions for 4 consecutive years, with $781000.0 the latest figure, recorded in Q4 2024.
- On a quarterly basis, Tax Provisions rose 165.08% year-over-year to $781000.0 in Q4 2024; TTM through Dec 2024 was $2.1 million, a 251.69% increase from a year earlier, with the FY2025 full-year figure at -$2.0 million, down 196.56% from the prior year.
- Tax Provisions was $781000.0 for Q4 2024 at REE Automotive, up from -$12000.0 in the prior quarter.
- Over five years, Tax Provisions peaked at $1.4 million in Q1 2024 and troughed at -$1.2 million in Q4 2023.
- A 4-year average of $263357.1 and a median of $47000.0 in 2021 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions plunged 1581.48% in 2023 and jumped 4323.53% in 2024, its largest moves.
- Over 4 years, Tax Provisions stood at $1.2 million in 2021, then plunged by 93.38% to $81000.0 in 2022, then sank by 1581.48% to -$1.2 million in 2023, then jumped by 165.08% to $781000.0 in 2024.
- The last three Tax Provisions figures came in at $781000.0 (Q4 2024), -$12000.0 (Q3 2024), and -$142000.0 (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,182.93 Bn | 1,140.01 Bn | 4.75 Bn | 201.00 Mn |
| 2 | Toyota Motor | 263.16 Bn | 185.17 Bn | 12.27 Bn | -5.20 Bn |
| 3 | Honda Motor | 147.46 Bn | 109.00 Bn | 8.46 Bn | -823.19 Mn |
| 4 | Ford Motor | 81.47 Bn | 50.17 Bn | 6.08 Bn | -711.00 Mn |
| 5 | General Motors | 75.12 Bn | 52.04 Bn | 7.33 Bn | 214.00 Mn |
| 6 | Rivian Automotive | 21.83 Bn | 16.54 Bn | 179.00 Mn | -1.00 Mn |
| 7 | Li Auto | 11.97 Bn | -518.15 Mn | 417.98 Mn | 35.90 Mn |
| 8 | Xpeng | 10.02 Bn | 7.71 Bn | 601.83 Mn | -10.95 Mn |
| 9 | Nio | 9.11 Bn | 2.78 Bn | 870.51 Mn | -4.84 Mn |
| 10 | REE Automotive | 287,439.13 | -13.96 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 781,000.00 |
| Sep 30, 2024 | -12,000.00 |
| Jun 30, 2024 | -142,000.00 |
| Mar 31, 2024 | 1.44 Mn |
| Dec 31, 2023 | -1.20 Mn |
| Sep 30, 2023 | 11,000.00 |
| 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 |