Greenlane Holdings (GNLN) Tax Rate (2018 - 2023)

Greenlane Holdings (GNLN) reported Tax Rate of 152.4% for Q4 2023, down 18622.0% on a YoY basis from N/an in Q4 2022, and up 196523.57% sequentially from 0.08% in Q2 2023.

Greenlane Holdings (GNLN) Tax Rate (2018 - 2023) Analysis & Trends

Greenlane Holdings (GNLN) has 6 years of Tax Rate data on file, last reported at 152.4% in Q4 2023.

  • For the quarter ending Q4 2023, Tax Rate fell 18622.0% year-over-year to 152.4%; the trailing twelve-month figure through Dec 2023 stood at 21.0% (up 1598.0% YoY), and the FY2025 full-year result was 0.01%, down 477.0% from the prior year.
  • Tax Rate grew to 152.4% in Q4 2023, from 0.08% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 526.31% in Q3 2019 to a low of 1.62% in Q3 2020.
  • A 5-year average of 56.6% and a median of 0.03% in 2023 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate plunged 52793 bps in 2020 and surged 33881 bps in 2022, its largest moves.
  • Tracing GNLN's Tax Rate over 5 years: stood at 0.31% in 2019, then tumbled by 240 bps to 0.43% in 2020, then soared by 57 bps to 0.19% in 2021, then surged by 179618 bps to 338.62% in 2022, then plunged by 55 bps to 152.4% in 2023.
  • Business Quant data shows GNLN's Tax Rate at 152.4% in Q4 2023, 0.08% in Q2 2023, and 0.01% in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Philip Morris International 300.23 Bn 294.78 Bn 6.91 Bn 18.46
2 British American Tobacco p.l.c 133.32 Bn 128.01 Bn - -
3 Altria 121.70 Bn 118.17 Bn 3.51 Bn 23.64
4 RLX Technology 2.50 Bn 1.83 Bn 73.10 Mn -13.33
5 Turning Point Brands 1.47 Bn 1.43 Bn 68.30 Mn -25.24
6 Universal 1.35 Bn 1.11 Bn 98.47 Mn -16.06
7 Ispire Technology 89.38 Mn 71.30 Mn 1.99 Mn -1.90
8 Rythm 42.81 Mn 9.55 Mn 10.40 Mn 451.30
9 VPR Brands 11.01 Mn 8.30 Mn 138,574.00 25.10
10 Greenlane Holdings 8.50 Mn -29.73 Mn 217,000.00 -

Historic Data

Download Data
DateValue
Dec 31, 2023 152.40
Dec 31, 2023 152.40
Dec 31, 2023 152.40
Jun 30, 2023 0.08
Jun 30, 2023 0.08
Jun 30, 2023 0.08
Mar 31, 2023 -0.01
Mar 31, 2023 -0.01
Mar 31, 2023 -0.01
Dec 31, 2022 338.62
Dec 31, 2022 338.62
Dec 31, 2022 338.62
Jun 30, 2022 0.11
Jun 30, 2022 0.11
Jun 30, 2022 0.11
Mar 31, 2022 -0.42
Mar 31, 2022 -0.42
Mar 31, 2022 -0.42
Dec 31, 2021 -0.19
Dec 31, 2021 -0.19