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Cinemark Holdings, Inc. (CNK) Tax Rate (2016 - 2021)

Cinemark Holdings (CNK) has disclosed Tax Rate for 11 consecutive years, with 45.01% as the latest value for Q3 2020.

  • On a quarterly basis, Tax Rate rose 1446.0% to 45.01% in Q3 2020 year-over-year; TTM through Sep 2020 was 35.56%, a 1107.0% increase, with the full-year FY2021 number at 1.33%, down 3469.0% from a year prior.
  • Tax Rate was 45.01% for Q3 2020 at Cinemark Holdings, up from 44.66% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 45.01% in Q3 2020 to a low of 18.18% in Q2 2018.
  • A 5-year average of 34.39% and a median of 35.9% in 2016 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: crashed -2211bps in 2018, then skyrocketed 1446bps in 2020.
  • Cinemark Holdings' Tax Rate stood at 38.23% in 2016, then grew by 5bps to 40.29% in 2017, then tumbled by -55bps to 18.18% in 2018, then soared by 68bps to 30.54% in 2019, then skyrocketed by 47bps to 45.01% in 2020.
  • Per Business Quant, the three most recent readings for CNK's Tax Rate are 45.01% (Q3 2020), 44.66% (Q2 2020), and 30.54% (Q3 2019).