Beyond Meat (BYND) Tax Rate (2018 - 2024)
Beyond Meat (BYND) posted Tax Rate of 0.02% for Q3 2024, down 122.94% on a QoQ basis from 0.1% in Q2 2024.
Analysis
Beyond Meat (BYND) Tax Rate (2018 - 2024) Analysis & Trends
Beyond Meat has reported Tax Rate for 7 years, with the latest figure at 0.02% in 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 was 0.02% for Q3 2024 at Beyond Meat, down from 0.1% in the prior quarter.
- The five-year high for Tax Rate was 0.1% in Q2 2024, with the low at 0.29% in Q3 2020.
- Average Tax Rate over 5 years is 0.04%, with a median of 0.01% recorded in 2022.
- The sharpest annual moves came in 2020 and 2021: Tax Rate slumped 259 bps in 2020, then surged 33 bps in 2021.
- Over 5 years, Tax Rate stood at 0.01% in 2020, then tumbled by 427 bps to 0.04% in 2021, then soared by 55 bps to 0.02% in 2022, then surged by 50 bps to 0.01% in 2023, then slumped by 140 bps to 0.02% in 2024.
- The last three Tax Rate figures came in at 0.02% (Q3 2024), 0.1% (Q2 2024), and 0.0% (Q1 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tyson Foods | 18.41 Bn | 17.67 Bn | 921.00 Mn | 30.08% |
| 2 | Jbs | 13.50 Bn | 10.03 Bn | 4.91 Bn | 56.69% |
| 3 | Smithfield Foods | 8.11 Bn | 6.76 Bn | 478.00 Mn | 21.40% |
| 4 | Pilgrims Pride | 7.10 Bn | 6.71 Bn | 339.75 Mn | 39.34% |
| 5 | Seaboard | 4.14 Bn | 2.94 Bn | 221.00 Mn | 25.24% |
| 6 | Cal-Maine Foods | 3.51 Bn | 3.40 Bn | 34.07 Mn | 24.69% |
| 7 | Beyond Meat | 174.79 Mn | -2.10 Mn | 5.87 Mn | - |
| 8 | Wing Yip Food Holdings | 56.99 Mn | -28.39 Mn | 10.36 Mn | -10.67% |
| 9 | Aquabounty Technologies | 5.46 Mn | 3.56 Mn | - | - |
| 10 | Nocera | 2.92 Mn | -1.88 Mn | 17,998.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 28, 2024 | -0.02% |
| Jun 29, 2024 | 0.10% |
| Mar 30, 2024 | 0.00% |
| Jul 1, 2023 | -0.01% |
| Dec 31, 2022 | -0.02% |
| Jul 2, 2022 | -0.01% |
| Apr 2, 2022 | -0.01% |
| Dec 31, 2021 | -0.04% |
| Oct 2, 2021 | 0.04% |
| Jul 3, 2021 | -0.01% |
| Apr 3, 2021 | -0.18% |
| Dec 31, 2020 | -0.01% |
| Sep 26, 2020 | -0.29% |
| Jun 27, 2020 | -0.16% |
| Mar 28, 2020 | -0.06% |
| Dec 31, 2019 | 2.59% |
| Jun 29, 2019 | -0.22% |
| Dec 31, 2018 | -0.01% |