Birkenstock Holding (BIRK) Tax Rate (2022 - 2024)
Birkenstock Holding (BIRK) reported Tax Rate of 31.84% for Q1 2024, up 120.0% year-over-year from 14.47% in Q2 2023, and down 102.29% quarter-over-quarter from 1390.42% in Q4 2023.
Birkenstock Holding (BIRK) Tax Rate (2022 - 2024) Analysis & Trends
Birkenstock Holding (BIRK) has 3 years of Tax Rate data on file, last reported at 31.84% in Q1 2024.
- Tax Rate for Q1 2024 came in at 31.84%, up 120.0% year-over-year; the trailing twelve-month figure through Mar 2024 was 32.0% (changed N/A YoY), and the FY2025 annual result was 25.88%, down 890.0% from the prior year.
- Tax Rate eased to 31.84% in Q1 2024 per BIRK's latest filing, from 1390.42% in the prior quarter.
- Over five years, Tax Rate peaked at 1390.42% in Q4 2023 and troughed at 33.04% in Q1 2023.
- A 3-year average of 327.53% and a median of 23.63% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate surged 140583 bps in 2023, then soared 120 bps in 2024.
- A 3-year view of Tax Rate shows it stood at 15.41% in 2022, then jumped by 9121 bps to 1390.42% in 2023, then plunged by 102 bps to 31.84% in 2024.
- Business Quant data shows BIRK's Tax Rate at 31.84% in Q1 2024, 1390.42% in Q4 2023, and 33.04% in Q1 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Birkenstock Holding | 98.76 Bn | 98.52 Bn | 390.51 Mn | - |
| 2 | Nike | 63.56 Bn | 55.51 Bn | 4.53 Bn | 20.00% |
| 3 | Deckers Outdoor | 15.58 Bn | 13.49 Bn | 1.17 Bn | 23.25% |
| 4 | Crocs | 6.00 Bn | 5.87 Bn | 522.95 Mn | 23.09% |
| 5 | Steven Madden | 3.13 Bn | 3.09 Bn | 357.42 Mn | 24.69% |
| 6 | Wolverine World Wide | 1.84 Bn | 1.64 Bn | 243.40 Mn | 19.35% |
| 7 | On Holding AG | 1.61 Bn | 220.32 Mn | 682.30 Mn | -11.02% |
| 8 | Designer Brands | 414.71 Mn | 363.84 Mn | 302.71 Mn | 26.34% |
| 9 | Forward Industries | 365.68 Mn | 340.29 Mn | 16.85 Mn | -0.46% |
| 10 | Weyco | 332.28 Mn | 234.85 Mn | 33.84 Mn | 17.53% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -31.84% |
| Mar 31, 2024 | -31.84% |
| Dec 31, 2023 | 1,390.42% |
| Dec 31, 2023 | 1,390.42% |
| Mar 31, 2023 | -33.04% |
| Mar 31, 2023 | -33.04% |
| Dec 31, 2022 | -15.41% |
| Dec 31, 2022 | -15.41% |