Cinemark Holdings, Inc. (CNK) Tax Rate (2010 - 2019)
Cinemark Holdings (CNK) reported Tax Rate of -6.90% for Q2 2022, down 0.94 percentage points from -5.96% a year earlier and down 9.32 percentage points from the prior quarter.
Cinemark Holdings, Inc. (CNK) Tax Rate (2010 - 2019) Analysis & Trends
Over the twelve months ended Jun 30, 2022, Cinemark Holdings' Tax Rate came in at 3.22%, down 19.30 percentage points year-over-year; for FY2021, it was 3.83%, down 29.54 percentage points from FY2020.
- Tax Rate has a five-year change of -24.96 percentage points (FY2016 to FY2021).
- By year, Tax Rate came in at 33.36% in FY2020 (+4.17 pp), 29.19% in FY2019 (-1.52 pp), 30.71% in FY2018 (+7.73 pp) and 22.98% in FY2017 (-5.81 pp).
- Five-year quarterly Tax Rate spans a low of -25.04% in Q4 2017 and a high of 64.13% in Q4 2018.
- Year over year, Tax Rate has now declined in each of the last five quarters, with an average year-over-year change of -15.84 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q4 2018 (a gain of 89.17 percentage points); the low point was Q4 2021 (a drop of 50.12 percentage points).
- Per Business Quant data, the three quarters before Q2 2022 came in at 2.42% (Q1 2022), -23.49% (Q4 2021) and 10.27% (Q3 2021).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2019 | 37.00% |
| Sep 30, 2019 | 30.54% |
| Jun 30, 2019 | 27.26% |
| Mar 31, 2019 | 26.42% |
| Dec 31, 2018 | 64.13% |
| Sep 30, 2018 | 24.21% |
| Jun 30, 2018 | 18.18% |
| Mar 31, 2018 | 28.76% |
| Sep 30, 2017 | 38.99% |
| Jun 30, 2017 | 36.24% |
| Mar 31, 2017 | 35.64% |
| Sep 30, 2016 | 38.23% |
| Jun 30, 2016 | 36.77% |
| Mar 31, 2016 | 36.17% |
| Dec 31, 2015 | 33.76% |
| Sep 30, 2015 | 39.20% |
| Jun 30, 2015 | 37.63% |
| Mar 31, 2015 | 38.08% |
| Dec 31, 2014 | 34.94% |
| Sep 30, 2014 | 39.86% |
Cinemark Holdings, Inc. Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=CNK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CNK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=CNK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();