REE Automotive (REEAF) Tax Rate (2021 - 2024)
REE Automotive's (REEAF) quarterly Tax Rate came in at 2.14% in 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.
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REE Automotive (REEAF) Tax Rate (2021 - 2024) Analysis & Trends
REE Automotive (REEAF) has reported Tax Rate for 4 consecutive years, with 2.14% the latest figure, recorded in Q4 2024.
- On a quarterly basis, Tax Rate fell 543.0% year-over-year to 2.14% in Q4 2024; TTM through Dec 2024 was 1.88%, a 306.0% decrease from a year earlier, with the FY2025 full-year figure at 3.45%, up 533.0% from the prior year.
- Tax Rate was 2.14% for Q4 2024 at REE Automotive, down from 0.03% in the prior quarter.
- Over five years, Tax Rate peaked at 3.29% in Q4 2023 and troughed at 6.05% in Q1 2024.
- A 4-year average of 0.89% and a median of 0.17% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 359 bps in 2023 and slumped 617 bps in 2024, its largest moves.
- Over 4 years, Tax Rate stood at 2.69% in 2021, then jumped by 89 bps to 0.3% in 2022, then surged by 1205 bps to 3.29% in 2023, then sank by 165 bps to 2.14% in 2024.
- The last three Tax Rate figures came in at 2.14% (Q4 2024), 0.03% (Q3 2024), and 1.3% (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,182.93 Bn | 1,140.01 Bn | 4.75 Bn | 15.12% |
| 2 | Toyota Motor | 263.16 Bn | 185.17 Bn | 12.27 Bn | -42.23% |
| 3 | Honda Motor | 147.46 Bn | 109.00 Bn | 8.46 Bn | -21.69% |
| 4 | Ford Motor | 81.47 Bn | 50.17 Bn | 6.08 Bn | 34.97% |
| 5 | General Motors | 75.12 Bn | 52.04 Bn | 7.33 Bn | 13.65% |
| 6 | Rivian Automotive | 21.83 Bn | 16.54 Bn | 179.00 Mn | 0.12% |
| 7 | Li Auto | 11.97 Bn | -518.15 Mn | 417.98 Mn | -12.50% |
| 8 | Xpeng | 10.02 Bn | 7.71 Bn | 601.83 Mn | 9.30% |
| 9 | Nio | 9.11 Bn | 2.78 Bn | 870.51 Mn | 6.63% |
| 10 | REE Automotive | 287,439.13 | -13.96 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -2.14% |
| Sep 30, 2024 | 0.03% |
| Jun 30, 2024 | 1.30% |
| Mar 31, 2024 | -6.05% |
| Dec 31, 2023 | 3.29% |
| Sep 30, 2023 | -0.05% |
| Jun 30, 2023 | 0.52% |
| Mar 31, 2023 | 0.12% |
| Dec 31, 2022 | -0.30% |
| Sep 30, 2022 | -1.38% |
| Jun 30, 2022 | -2.51% |
| Mar 31, 2022 | -2.65% |
| Dec 31, 2021 | -2.69% |
| Sep 30, 2021 | 0.00% |