Growth Metrics

Rekor Systems (REKR) Tax Rate (2016 - 2023)

Rekor Systems (REKR) has disclosed Tax Rate for 8 consecutive years, with 0.28% as the latest value for Q4 2023.

  • For the quarter ending Q4 2023, Tax Rate fell 74.0% year-over-year to 0.28%, compared with a TTM value of 0.07% through Dec 2023, down 124.0%, and an annual FY2024 reading of 0.05%, up 2.0% over the prior year.
  • Tax Rate was 0.28% for Q4 2023 at Rekor Systems, down from 0.45% in the prior quarter.
  • Across five years, Tax Rate topped out at 33.73% in Q4 2021 and bottomed at 1.67% in Q2 2020.
  • Average Tax Rate over 5 years is 2.15%, with a median of 0.1% recorded in 2020.
  • The sharpest move saw Tax Rate skyrocketed 3382bps in 2021, then plummeted -3327bps in 2022.
  • Year by year, Tax Rate stood at 0.36% in 2019, then skyrocketed by 73bps to 0.1% in 2020, then surged by 34793bps to 33.73% in 2021, then crashed by -99bps to 0.45% in 2022, then tumbled by -163bps to 0.28% in 2023.
  • Business Quant data shows Tax Rate for REKR at 0.28% in Q4 2023, 0.45% in Q4 2022, and 1.94% in Q3 2022.