KPIs & Operating Metrics(New)
Growth Metrics

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

Canopy Growth's Tax Rate history spans 6 years, with the latest figure at 3.49% for Q4 2024.

  • For Q4 2024, Tax Rate fell 403.0% year-over-year to 3.49%; the TTM value through Dec 2024 reached 3.45%, down 380.0%, while the annual FY2023 figure was 0.19%, 522.0% down from the prior year.
  • Tax Rate for Q4 2024 was 3.49% at Canopy Growth, down from 0.23% in the prior quarter.
  • Across five years, Tax Rate topped out at 38.23% in Q1 2020 and bottomed at 9.47% in Q3 2023.
  • The 5-year median for Tax Rate is 0.16% (2021), against an average of 1.54%.
  • The largest YoY upside for Tax Rate was 1699bps in 2021 against a maximum downside of -4556bps in 2021.
  • A 5-year view of Tax Rate shows it stood at 1.85% in 2020, then plummeted by -91bps to 0.16% in 2021, then skyrocketed by 270bps to 0.59% in 2022, then decreased by -8bps to 0.54% in 2023, then crashed by -748bps to 3.49% in 2024.
  • Per Business Quant, the three most recent readings for CGC's Tax Rate are 3.49% (Q4 2024), 0.23% (Q3 2024), and 5.04% (Q2 2024).