Cresco Labs (CRLBF) Tax Rate (2020)
Cresco Labs (CRLBF) recorded Tax Rate of -527.42% in Q2 2026, up 79.07 percentage points from -606.49% a year earlier but down 1036.37 percentage points from the prior quarter.
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Analysis
Cresco Labs (CRLBF) Tax Rate (2020) Analysis & Trends
On a TTM basis, Cresco Labs' Tax Rate came in at 8.61% as of Jun 30, 2026, up 333.16 percentage points year-over-year; for FY2025, it came in at 46.76%, down 423.03 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +2.19 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 469.79% in FY2024 (+447.36 pp), 22.43% in FY2023 (-47.65 pp), 70.08% in FY2022 (+54.46 pp) and 15.62% in FY2021 (-28.95 pp).
- Quarterly Tax Rate has ranged from -606.49% in Q2 2025 to 2627.53% in Q1 2022 over the past five years.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of +31.98 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 2447.02 percentage points in Q1 2022, against a drop of 2474.77 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 508.95% (Q1 2026), 2.07% (Q4 2025) and 117.48% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 307.33 Bn | 286.97 Bn | 7.66 Bn | 22.25% |
| 2 | British American Tobacco p.l.c | 128.97 Bn | 105.33 Bn | - | - |
| 3 | Altria | 123.30 Bn | 109.46 Bn | 3.82 Bn | 21.54% |
| 4 | Trulieve Cannabis | 2.12 Bn | 741.64 Mn | 162.29 Mn | - |
| 5 | Curaleaf Holdings | 2.12 Bn | 1.72 Bn | 169.91 Mn | - |
| 6 | RLX Technology | 2.06 Bn | -1.70 Bn | 52.74 Mn | - |
| 7 | Green Thumb Industries | 1.43 Bn | 279.53 Mn | 137.87 Mn | 78.51% |
| 8 | Turning Point Brands | 1.28 Bn | 389.03 Mn | 93.70 Mn | 26.34% |
| 9 | Cronos | 1.27 Bn | -2.01 Bn | 28.45 Mn | 0.14% |
| 10 | Cresco Labs | 230.54 Mn | 62.01 Mn | 86.95 Mn | - |
API Access
Cresco Labs 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=CRLBF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CRLBF", "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=CRLBF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();