Cinemark Holdings, Inc. (CNK) Tax Rate (2010 - 2022)
Cinemark Holdings (CNK) posted quarterly Tax Rate of 6.9% for Q2 2022, down 94.0% year-over-year from 115.03% in Q2 2021, and down 384.88% quarter-over-quarter from 2.42% in Q1 2022.
Cinemark Holdings, Inc. (CNK) Tax Rate (2010 - 2022) Analysis & Trends
Cinemark Holdings (CNK) has reported Tax Rate for 13 consecutive years, with 6.9% the latest figure, recorded in Q2 2022.
- In Q2 2022, Tax Rate fell 94.0% year-over-year to 6.9%; the TTM figure through Jun 2022 stood at 36.94% (up 1441.0% YoY), while the FY2021 annual figure was 21.0%, down 1236.0% from the prior year.
- Tax Rate retreated to 6.9% in Q2 2022 per CNK's latest filing, from 2.42% in the prior quarter.
- Across five years, Tax Rate topped out at 64.13% in Q4 2018 and bottomed at 1459.8% in Q4 2021.
- Historically, Tax Rate has averaged 59.97% across 5 years, with a median of 25.31% in 2018.
- Annual changes were most pronounced in 2018 — Tax Rate surged 3479 bps — and 2021, when it sank 148643 bps.
- Cinemark Holdings' Tax Rate stood at 64.13% in 2018, then slumped by 36 bps to 41.32% in 2019, then tumbled by 36 bps to 26.63% in 2020, then sank by 5582 bps to 1459.8% in 2021, then surged by 100 bps to 6.9% in 2022.
- Business Quant data shows CNK's Tax Rate at 6.9% in Q2 2022, 2.42% in Q1 2022, and 1459.8% in Q4 2021.
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Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | -6.90% |
| Jun 30, 2022 | -6.90% |
| Jun 30, 2022 | -6.90% |
| Mar 31, 2022 | 2.42% |
| Mar 31, 2022 | 2.42% |
| Mar 31, 2022 | 2.42% |
| Dec 31, 2021 | 407.64% |
| Dec 31, 2021 | 407.64% |
| Dec 31, 2021 | 407.64% |
| Sep 30, 2021 | 10.27% |
| Sep 30, 2021 | 10.27% |
| Sep 30, 2021 | 10.27% |
| Jun 30, 2021 | -5.96% |
| Jun 30, 2021 | -5.96% |
| Jun 30, 2021 | -5.96% |
| Mar 31, 2021 | 6.57% |
| Mar 31, 2021 | 6.57% |
| Mar 31, 2021 | 6.57% |
| Dec 31, 2020 | -75.70% |
| Dec 31, 2020 | -75.70% |