Canopy Growth (CGC) Tax Rate (2019 - 2025)

Canopy Growth (CGC) reported Tax Rate of 0.81% for Q4 2025, down 49.0% on a YoY basis from 1.6% in Q4 2024, and up 81.89% sequentially from 4.49% in Q3 2025.

Canopy Growth (CGC) Tax Rate (2019 - 2025) Analysis & Trends

Canopy Growth (CGC) has 7 years of Tax Rate data on file, last reported at 0.81% in Q4 2025.

  • For the quarter ending Q4 2025, Tax Rate fell 49.0% year-over-year to 0.81%; the trailing twelve-month figure through Dec 2025 stood at 0.67% (up 49.0% YoY), and the FY2026 full-year result was 0.02%, down 190.0% from the prior year.
  • Tax Rate climbed to 0.81% in Q4 2025, from 4.49% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 137.08% in Q1 2023 to a low of 23.6% in Q2 2023.
  • A 5-year average of 9.82% and a median of 0.18% in 2022 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate surged 13548 bps in 2023 and slumped 13614 bps in 2024, its largest moves.
  • Tracing CGC's Tax Rate over 5 years: stood at 0.16% in 2021, then surged by 270 bps to 0.59% in 2022, then retreated by 16 bps to 0.49% in 2023, then plunged by 166 bps to 0.32% in 2024, then tumbled by 152 bps to 0.81% in 2025.
  • Business Quant data shows CGC's Tax Rate at 0.81% in Q4 2025, 4.49% in Q3 2025, and 0.65% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 15.33%
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 20.71%
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -23.33%
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 13.63%
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 171.33%
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 19.81%
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 34.48%
10 Canopy Growth 197.77 Mn -68.15 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 -0.81%
Dec 31, 2025 -0.81%
Dec 31, 2025 -0.81%
Sep 30, 2025 -4.49%
Sep 30, 2025 -4.49%
Sep 30, 2025 -4.49%
Jun 30, 2025 -0.65%
Jun 30, 2025 -0.65%
Jun 30, 2025 -0.65%
Dec 31, 2024 -0.32%
Dec 31, 2024 -0.32%
Dec 31, 2024 -0.32%
Sep 30, 2024 -0.27%
Sep 30, 2024 -0.27%
Sep 30, 2024 -0.27%
Jun 30, 2024 -6.09%
Jun 30, 2024 -6.09%
Jun 30, 2024 -6.09%
Mar 31, 2024 0.94%
Mar 31, 2024 0.94%