GETR (Getaround) Tax Rate %: -0.05% (As of Sep. 2024)


What is Getaround Tax Rate %?

Getaround GETR Tax Rate % is -0.05% as of Sep. 2024.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Getaround's Tax Expense for the three months ended in Sep. 2024 was $0.01 Mil. Getaround's Pre-Tax Income for the three months ended in Sep. 2024 was $-15.52 Mil. Therefore, Getaround's Tax Rate % for the quarter that ended in Sep. 2024 was -0.05%.

Getaround Tax Rate % Related Terms

Getaround Tax Rate % Historical Data

* Premium members only.

The historical data trend for Getaround's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Getaround Tax Rate % Chart

Getaround Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
0.76 0.39 0.47 0.69

Getaround Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.88 0.49 -0.16 0.10 -0.05

Getaround Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Getaround's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=-0.789/-114.735
=0.69 %

Getaround's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=0.007/-15.517
=-0.05 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of -0.05% mean?
Getaround (GETR) has a Tax Rate % of -0.05% as of Sep. 2024.
Is Getaround's Tax Rate % too high?
Getaround's current Tax Rate % is -0.05%.
How does Getaround's Tax Rate % compare to EHVVF and FMTOF?
Getaround's Tax Rate % of -0.05% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Software company?
A good Tax Rate % depends on the Software industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Getaround's current Tax Rate % is -0.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Getaround stock overvalued right now?
Getaround (GETR) has a current Tax Rate % of -0.05%. The current Tax Rate % is -0.05%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Getaround (GETR), the current Tax Rate % is -0.05% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Getaround Business Description

Address 55 Green Street, San Francisco, CA, USA, 94111
Getaround Inc operates as a developer of a carsharing platform designed to instantly access and drive cars shared by people. The company's platform provides users with simple on-demand car rentals. Getaround's on-demand technology enables a contactless experience no waiting in line at a car rental facility, manually completing paperwork, or meeting anyone to collect or drop off car keys. It derives maximum revenue from United States.