Beyond Meat (BYND) Tax Rate (2018 - 2024)
Beyond Meat (BYND) recorded quarterly Tax Rate of 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.
- In Q3 2024, Tax Rate changed N/A year-over-year to 0.02%; the TTM figure through Jun 2025 stood at 0.0% (down 1.0% YoY), while the FY2024 annual figure was 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.
- In the past five years, Tax Rate ranged from a high of 0.1% in Q2 2024 to a low of 0.29% in Q3 2020.
- Historically, Tax Rate has averaged 0.04% across 5 years, with a median of 0.01% in 2022.
- The sharpest annual moves came in 2020 and 2021: Tax Rate tumbled 259 bps in 2020, then jumped 33 bps in 2021.
- A 5-year view of Tax Rate shows it stood at 0.01% in 2020, then plunged 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 tumbled 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 75,216.52 Bn | 75,216.52 Bn | - | - |
| 2 | Kraft Heinz | 26.76 Bn | 22.68 Bn | 2.22 Bn | 20.89% |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn | 24.28% |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn | -21.74% |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn | 23.63% |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn | 26.32% |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - | - |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn | -11.09% |
| 9 | Smithfield Foods | 10.57 Bn | 9.49 Bn | 511.00 Mn | 22.29% |
| 10 | Beyond Meat | 322.97 Mn | 127.62 Mn | 1.99 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 28, 2024 | -0.02% |
| Sep 28, 2024 | -0.02% |
| Jun 29, 2024 | 0.10% |
| Jun 29, 2024 | 0.10% |
| Mar 30, 2024 | 0.00% |
| Mar 30, 2024 | 0.00% |
| Jul 1, 2023 | -0.01% |
| Jul 1, 2023 | -0.01% |
| Dec 31, 2022 | -0.02% |
| Dec 31, 2022 | -0.02% |
| Jul 2, 2022 | -0.01% |
| Jul 2, 2022 | -0.01% |
| Apr 2, 2022 | -0.01% |
| Apr 2, 2022 | -0.01% |
| Dec 31, 2021 | -0.04% |
| Dec 31, 2021 | -0.04% |
| Oct 2, 2021 | 0.04% |
| Oct 2, 2021 | 0.04% |
| Jul 3, 2021 | -0.01% |
| Jul 3, 2021 | -0.01% |