Farmer Brothers (FARM) Deferred Taxes (2011 - 2022)
Farmer Brothers (FARM) reported Deferred Taxes of $425000.0 for Q2 2022, up 525.0% on a YoY basis from $68000.0 in Q2 2021, and up 525.0% sequentially from $68000.0 in Q2 2021.
Farmer Brothers (FARM) Deferred Taxes (2011 - 2022) Analysis & Trends
Farmer Brothers (FARM) has 12 years of Deferred Taxes data on file, last reported at $425000.0 in Q2 2022.
- For the quarter ending Q2 2022, Deferred Taxes rose 525.0% year-over-year to $425000.0; the trailing twelve-month figure through Jun 2022 stood at -$26.5 million (changed 0.47% YoY), and the FY2023 full-year result was $735000.0, up 72.94% from the prior year.
- Deferred Taxes improved to $425000.0 in Q2 2022, from $68000.0 in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $1.9 million in Q4 2018 to a low of -$43.3 million in Q1 2019.
- A 5-year average of -$6.8 million and a median of $184000.0 in 2020 frame the typical range for Deferred Taxes.
- Across the five-year window, Deferred Taxes slumped 5157.53% in 2019 and jumped 525.0% in 2022, its largest moves.
- Tracing FARM's Deferred Taxes over 5 years: stood at $1.9 million in 2018, then sank by 181.62% to -$1.6 million in 2019, then jumped by 119.04% to $300000.0 in 2020, then tumbled by 77.33% to $68000.0 in 2021, then jumped by 525.0% to $425000.0 in 2022.
- Business Quant data shows FARM's Deferred Taxes at $425000.0 in Q2 2022, $68000.0 in Q2 2021, and -$26.9 million in Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.29 Bn | 26.20 Bn | 2.22 Bn | 29.00 Mn |
| 2 | General Mills | 19.35 Bn | 18.90 Bn | 1.60 Bn | 63.80 Mn |
| 3 | Hormel Foods | 13.90 Bn | 13.04 Bn | 518.51 Mn | -7.84 Mn |
| 4 | Mccormick | 13.45 Bn | 13.12 Bn | 778.20 Mn | -3.80 Mn |
| 5 | Magnum Ice Cream | 10.95 Bn | 10.43 Bn | - | - |
| 6 | Smithfield Foods | 10.34 Bn | 8.95 Bn | 511.00 Mn | - |
| 7 | Darling Ingredients | 9.92 Bn | 9.80 Bn | 404.92 Mn | 24.79 Mn |
| 8 | Oatly Group AB | 8.23 Bn | 8.23 Bn | 76.34 Mn | -124,000.00 |
| 9 | Conagra Brands | 7.07 Bn | 6.85 Bn | 704.10 Mn | - |
| 10 | Farmer Brothers | 27.80 Mn | 23.60 Mn | 32.27 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 425,000.00 |
| Jun 30, 2021 | 68,000.00 |
| Mar 31, 2021 | -26.94 Mn |
| Jun 30, 2020 | 300,000.00 |
| Jun 30, 2019 | -1.58 Mn |
| Mar 31, 2019 | -43.34 Mn |
| Dec 31, 2018 | 1.93 Mn |
| Sep 30, 2018 | 1.33 Mn |
| Jun 30, 2018 | -1.46 Mn |
| Mar 31, 2018 | 857,000.00 |
| Dec 31, 2017 | -16.15 Mn |
| Sep 30, 2017 | -407,000.00 |
| Jun 30, 2017 | 1.42 Mn |
| Mar 31, 2017 | -2.13 Mn |
| Dec 31, 2016 | -12.15 Mn |
| Sep 30, 2016 | -1.49 Mn |
| Jun 30, 2016 | 72.63 Mn |
| Dec 31, 2015 | -91,000.00 |
| Sep 30, 2015 | 19,000.00 |
| Jun 30, 2015 | -27,000.00 |