Beyond Meat (BYND) Tax Rate (2018 - 2024)

Beyond Meat's (BYND) quarterly Tax Rate came in at 0.02% in Q3 2024, down 122.94% quarter-over-quarter from 0.1% in Q2 2024.

Beyond Meat (BYND) Tax Rate (2018 - 2024) Analysis & Trends

Beyond Meat's Tax Rate history runs 7 years deep, the most recent figure standing at 0.02% for Q3 2024.

  • On a quarterly basis, Tax Rate changed N/A year-over-year to 0.02% in Q3 2024; TTM through Jun 2025 was 0.0%, a 1.0% decrease from a year earlier, with the FY2024 full-year figure at 0.02%, up 2.0% from the prior year.
  • Tax Rate eased to 0.02% in Q3 2024 per BYND's latest filing, from 0.1% in the prior quarter.
  • Across five years, Tax Rate topped out at 0.1% in Q2 2024 and bottomed at 0.29% in Q3 2020.
  • The 5-year median for Tax Rate is 0.01% (2022), against an average of 0.04%.
  • Across the five-year window, Tax Rate tumbled 259 bps in 2020 and soared 33 bps in 2021, its largest moves.
  • Year by year, Tax Rate stood at 0.01% in 2020, then slumped by 427 bps to 0.04% in 2021, then surged by 55 bps to 0.02% in 2022, then jumped by 50 bps to 0.01% in 2023, then sank by 140 bps to 0.02% in 2024.
  • Per Business Quant, the three latest BYND Tax Rate figures stand at 0.02% (Q3 2024), 0.1% (Q2 2024), and 0.0% (Q1 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Kraft Heinz 30.29 Bn 26.20 Bn 2.22 Bn 20.89
2 General Mills 19.35 Bn 18.90 Bn 1.60 Bn 10.77
3 Hormel Foods 13.90 Bn 13.04 Bn 518.51 Mn 23.63
4 Mccormick 13.45 Bn 13.12 Bn 778.20 Mn 28.84
5 Magnum Ice Cream 10.95 Bn 10.43 Bn - -
6 Smithfield Foods 10.34 Bn 8.95 Bn 511.00 Mn 22.29
7 Darling Ingredients 9.92 Bn 9.80 Bn 404.92 Mn 21.99
8 Oatly Group AB 8.23 Bn 8.23 Bn 76.34 Mn -
9 Conagra Brands 7.07 Bn 6.85 Bn 704.10 Mn 32.34
10 Beyond Meat 252.13 Mn 56.77 Mn 1.99 Mn -

Historic Data

Download Data
DateValue
Sep 28, 2024 -0.02
Sep 28, 2024 -0.02
Sep 28, 2024 -0.02
Jun 29, 2024 0.10
Jun 29, 2024 0.10
Jun 29, 2024 0.10
Mar 30, 2024 0.00
Mar 30, 2024 0.00
Mar 30, 2024 0.00
Jul 1, 2023 -0.01
Jul 1, 2023 -0.01
Jul 1, 2023 -0.01
Dec 31, 2022 -0.02
Dec 31, 2022 -0.02
Dec 31, 2022 -0.02
Jul 2, 2022 -0.01
Jul 2, 2022 -0.01
Jul 2, 2022 -0.01
Apr 2, 2022 -0.01
Apr 2, 2022 -0.01