Borealis Foods (BRLS) Tax Rate (2023 - 2025)
Borealis Foods (BRLS) posted quarterly Tax Rate of 0.3% for Q2 2025, down 8.0% year-over-year from 0.33% in Q2 2024, and down 112.04% quarter-over-quarter from 2.53% in Q4 2024.
Borealis Foods (BRLS) Tax Rate (2023 - 2025) Analysis & Trends
Borealis Foods' Tax Rate history runs 3 years deep, the most recent figure standing at 0.3% for Q2 2025.
- In Q2 2025, Tax Rate fell 8.0% year-over-year to 0.3%; the TTM figure through Sep 2025 stood at 0.73% (down 53.0% YoY), while the FY2024 annual figure was 0.53%, down 68.0% from the prior year.
- Tax Rate for Q2 2025 stood at 0.3%, down from 2.53% in the prior quarter.
- The five-year high for Tax Rate was 5.01% in Q4 2023, with the low at 0.3% in Q2 2025.
- The 3-year median for Tax Rate is 0.02% (2024), against an average of 0.97%.
- Peak annual rise in Tax Rate reached 4 bps in 2024, while the deepest fall reached 248 bps in 2024.
- Borealis Foods' Tax Rate stood at 5.01% in 2023, then sank by 49 bps to 2.53% in 2024, then tumbled by 112 bps to 0.3% in 2025.
- Business Quant data shows BRLS's Tax Rate at 0.3% in Q2 2025, 2.53% in Q4 2024, and 0.02% in Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 14.37% |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 10.77% |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 28.84% |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 56.69% |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 23.63% |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | -18.47% |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 22.13% |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 21.40% |
| 10 | Borealis Foods | 35.36 Mn | 34.86 Mn | 838,891.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 61.84% |
| Dec 31, 2025 | 61.84% |
| Dec 31, 2025 | 61.84% |
| Jun 30, 2025 | -0.30% |
| Jun 30, 2025 | -0.30% |
| Jun 30, 2025 | -0.30% |
| Dec 31, 2024 | 2.53% |
| Dec 31, 2024 | 2.53% |
| Dec 31, 2024 | 2.53% |
| Sep 30, 2024 | -0.02% |
| Sep 30, 2024 | -0.02% |
| Sep 30, 2024 | -0.02% |
| Jun 30, 2024 | -0.22% |
| Jun 30, 2024 | -0.22% |
| Jun 30, 2024 | -0.22% |
| Dec 31, 2023 | 5.01% |
| Dec 31, 2023 | 5.01% |
| Dec 31, 2023 | 5.01% |
| Jun 30, 2023 | -0.18% |
| Jun 30, 2023 | -0.18% |