Greenlane Holdings (GNLN) Tax Rate (2018 - 2023)
Greenlane Holdings (GNLN) posted Tax Rate of 0.08% for Q2 2023, up 777.91% sequentially from 0.01% in Q1 2023, and down 3.0% YoY from 0.08% in Q2 2022.
Greenlane Holdings (GNLN) Tax Rate (2018 - 2023) Analysis & Trends
Greenlane Holdings (GNLN) has 6 years of Tax Rate data on file, last reported at 0.08% in Q2 2023.
- Quarterly Tax Rate fell 3.0% year-over-year to 0.08% in Q2 2023, while the trailing twelve-month figure through Sep 2023 was 0.2% (up 25.0% YoY) and the FY2025 annual result came in at 0.01%, changed N/A from the prior year.
- Tax Rate rose to 0.08% in Q2 2023 per GNLN's latest filing, from 0.01% in the prior quarter.
- The five-year high for Tax Rate was 526.31% in Q3 2019, with the low at 1.62% in Q3 2020.
- Average Tax Rate over 5 years is 31.09%, with a median of 0.01% recorded in 2021.
- Year-over-year, Tax Rate surged 19355 bps in 2019 and plunged 52793 bps in 2020.
- Greenlane Holdings' Tax Rate stood at 0.31% in 2019, then tumbled by 240 bps to 0.43% in 2020, then jumped by 57 bps to 0.19% in 2021, then jumped by 436 bps to 0.63% in 2022, then sank by 88 bps to 0.08% in 2023.
- Business Quant data shows GNLN's Tax Rate at 0.08% in Q2 2023, 0.01% in Q1 2023, and 0.63% in Q4 2022.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | 23.64% |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn | -13.33% |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn | -25.24% |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | -16.06% |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | -1.90% |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | 451.30% |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 | - |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 | 25.10% |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | -5.01% |
| 10 | 22nd Century | 128,296.63 | -9.42 Mn | -636,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 0.08% |
| Jun 30, 2023 | 0.08% |
| Mar 31, 2023 | -0.01% |
| Mar 31, 2023 | -0.01% |
| Dec 31, 2022 | 0.63% |
| Dec 31, 2022 | 0.63% |
| Jun 30, 2022 | 0.11% |
| Jun 30, 2022 | 0.11% |
| Mar 31, 2022 | -0.42% |
| Mar 31, 2022 | -0.42% |
| Dec 31, 2021 | -0.19% |
| Dec 31, 2021 | -0.19% |
| Sep 30, 2021 | -0.01% |
| Sep 30, 2021 | -0.01% |
| Jun 30, 2021 | -0.07% |
| Jun 30, 2021 | -0.07% |
| Mar 31, 2021 | 0.23% |
| Mar 31, 2021 | 0.23% |
| Dec 31, 2020 | -0.43% |
| Dec 31, 2020 | -0.43% |