Birkenstock Holding (BIRK) Tax Provisions (2022 - 2024)
Birkenstock Holding (BIRK) reported Tax Provisions of -$36.4 million for Q1 2024, down 38.99% year-over-year from -$59.6 million in Q2 2023, and down 406.36% quarter-over-quarter from -$7.2 million in Q4 2023.
Birkenstock Holding (BIRK) Tax Provisions (2022 - 2024) Analysis & Trends
Birkenstock Holding (BIRK) has 3 years of Tax Provisions data on file, last reported at -$36.4 million in Q1 2024.
- Tax Provisions for Q1 2024 came in at -$36.4 million, down 38.99% year-over-year; the trailing twelve-month figure through Mar 2024 was -$68.0 million (changed N/A YoY), and the FY2025 annual result was $142.2 million, up 26.74% from the prior year.
- Tax Provisions slipped to -$36.4 million in Q1 2024 per BIRK's latest filing, from -$7.2 million in the prior quarter.
- Over five years, Tax Provisions peaked at $1.7 million in Q4 2022 and troughed at -$36.4 million in Q1 2024.
- A 3-year average of -$17.0 million and a median of -$16.7 million in 2023 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions tumbled 520.45% in 2023, then tumbled 38.99% in 2024.
- A 3-year view of Tax Provisions shows it stood at $1.7 million in 2022, then plunged by 520.45% to -$7.2 million in 2023, then slumped by 406.36% to -$36.4 million in 2024.
- Business Quant data shows BIRK's Tax Provisions at -$36.4 million in Q1 2024, -$7.2 million in Q4 2023, and -$26.2 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Birkenstock Holding | 98.76 Bn | 98.52 Bn | 390.51 Mn | - |
| 2 | Nike | 63.56 Bn | 55.51 Bn | 4.53 Bn | 130.00 Mn |
| 3 | Deckers Outdoor | 15.58 Bn | 13.49 Bn | 1.17 Bn | 145.77 Mn |
| 4 | Crocs | 6.00 Bn | 5.87 Bn | 522.95 Mn | 41.29 Mn |
| 5 | Steven Madden | 3.13 Bn | 3.09 Bn | 357.42 Mn | 23.49 Mn |
| 6 | Wolverine World Wide | 1.84 Bn | 1.64 Bn | 243.40 Mn | 7.80 Mn |
| 7 | On Holding AG | 1.61 Bn | 220.32 Mn | 682.30 Mn | -16.35 Mn |
| 8 | Designer Brands | 414.71 Mn | 363.84 Mn | 302.71 Mn | -6.50 Mn |
| 9 | Forward Industries | 365.68 Mn | 340.29 Mn | 16.85 Mn | 2.69 Mn |
| 10 | Weyco | 332.28 Mn | 234.85 Mn | 33.84 Mn | 1.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -36.36 Mn |
| Dec 31, 2023 | -7.18 Mn |
| Mar 31, 2023 | -26.16 Mn |
| Dec 31, 2022 | 1.71 Mn |