Cannae Holdings (CNNE) Current Taxes (2017 - 2023)
Cannae Holdings (CNNE) posted Current Taxes of $1.3 million for Q2 2023, down 84.34% sequentially from $8.3 million in Q1 2023, and down 97.81% YoY from $59.3 million in Q2 2022.
Cannae Holdings (CNNE) Current Taxes (2017 - 2023) Analysis & Trends
Cannae Holdings has reported Current Taxes for 7 years, with the latest figure at $1.3 million in Q2 2023.
- Quarterly Current Taxes fell 97.81% year-over-year to $1.3 million in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $1.3 million (down 97.81% YoY) and the FY2021 annual result came in at $24.7 million, down 47.89% from the prior year.
- Current Taxes fell to $1.3 million in Q2 2023 per CNNE's latest filing, from $8.3 million in the prior quarter.
- Over five years, Current Taxes peaked at $103.5 million in Q1 2022 and troughed at $1.3 million in Q2 2023.
- A 5-year average of $36.1 million and a median of $37.7 million in 2019 frame the typical range for Current Taxes.
- The sharpest annual moves came in 2021 and 2023: Current Taxes jumped 222.03% in 2021, then slumped 97.81% in 2023.
- Over 5 years, Current Taxes stood at $37.4 million in 2019, then gained by 26.74% to $47.4 million in 2020, then sank by 47.89% to $24.7 million in 2021, then surged by 59.51% to $39.4 million in 2022, then slumped by 96.7% to $1.3 million in 2023.
- According to Business Quant data, Current Taxes over the past three periods registered $1.3 million, $8.3 million, and $39.4 million for Q2 2023, Q1 2023, and Q3 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 327.00 Mn |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | - |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 20.54 Mn |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 26.00 Mn |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | - |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 87.00 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | - |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 107.00 Mn |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 2.02 Mn |
| 10 | Cannae Holdings | 634.46 Mn | 518.36 Mn | 16.90 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 1.30 Mn |
| Mar 31, 2023 | 8.30 Mn |
| Sep 30, 2022 | 39.40 Mn |
| Jun 30, 2022 | 59.30 Mn |
| Mar 31, 2022 | 103.50 Mn |
| Dec 31, 2021 | 24.70 Mn |
| Sep 30, 2021 | 38.00 Mn |
| Jun 30, 2021 | 48.90 Mn |
| Mar 31, 2021 | 64.80 Mn |
| Dec 31, 2020 | 47.40 Mn |
| Sep 30, 2020 | 11.80 Mn |
| Mar 31, 2020 | 45.10 Mn |
| Dec 31, 2019 | 37.40 Mn |
| Sep 30, 2019 | 20.30 Mn |
| Jun 30, 2019 | 4.10 Mn |
| Mar 31, 2019 | 23.70 Mn |
| Dec 31, 2018 | 24.30 Mn |
| Dec 31, 2017 | 800,000.00 |
| Sep 30, 2017 | 700,000.00 |