Beyond Meat (BYND) Tax Rate (2018 - 2024)
Beyond Meat (BYND) posted quarterly Tax Rate of 0.02% for 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 for Q3 2024 stood at 0.02%, 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.
- The 5-year median for Tax Rate is 0.01% (2022), against an average of 0.04%.
- The sharpest annual moves came in 2020 and 2021: Tax Rate slumped 259 bps in 2020, then soared 33 bps in 2021.
- Beyond Meat's Tax Rate stood at 0.01% in 2020, then tumbled by 427 bps to 0.04% in 2021, then jumped by 55 bps to 0.02% in 2022, then soared by 50 bps to 0.01% in 2023, then slumped by 140 bps to 0.02% in 2024.
- Business Quant data shows BYND's Tax Rate at 0.02% in Q3 2024, 0.1% in Q2 2024, and 0.0% in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.31 Bn | 27.63 Bn | 2.03 Bn | 14.37% |
| 2 | General Mills | 21.38 Bn | 20.93 Bn | 1.60 Bn | 10.77% |
| 3 | Mccormick | 15.03 Bn | 14.70 Bn | 778.20 Mn | 28.84% |
| 4 | Jbs | 14.88 Bn | 11.41 Bn | 4.91 Bn | 56.69% |
| 5 | J M Smucker | 13.23 Bn | 13.18 Bn | 862.10 Mn | -18.47% |
| 6 | Hormel Foods | 13.15 Bn | 12.29 Bn | 518.51 Mn | 23.63% |
| 7 | Magnum Ice Cream | 12.14 Bn | 11.42 Bn | - | - |
| 8 | Darling Ingredients | 10.24 Bn | 10.07 Bn | 503.37 Mn | 22.13% |
| 9 | Smithfield Foods | 8.76 Bn | 7.41 Bn | 478.00 Mn | 21.40% |
| 10 | Beyond Meat | 244.89 Mn | 68.00 Mn | 5.87 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |