Grove Collaborative Holdings (GROV) Tax Rate (2021 - 2026)
Grove Collaborative Holdings (GROV) posted Tax Rate of 0.8% for Q1 2026, down 57.34% sequentially from 0.51% in Q4 2025, and down 54.0% YoY from 1.74% in Q1 2025.
Grove Collaborative Holdings (GROV) Tax Rate (2021 - 2026) Analysis & Trends
Grove Collaborative Holdings has reported Tax Rate for 6 years, with the latest figure at 0.8% in Q1 2026.
- Quarterly Tax Rate fell 54.0% year-over-year to 0.8% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.35% (down 21.0% YoY) and the FY2025 annual result came in at 0.28%, down 14.0% from the prior year.
- Tax Rate declined to 0.8% in Q1 2026 per GROV's latest filing, from 0.51% in the prior quarter.
- Over five years, Tax Rate peaked at 0.13% in Q3 2022 and troughed at 0.83% in Q3 2024.
- A 5-year average of 0.22% and a median of 0.11% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 76 bps in 2024, then jumped 63 bps in 2025.
- Over 5 years, Tax Rate stood at 0.15% in 2022, then increased by 30 bps to 0.11% in 2023, then surged by 32 bps to 0.07% in 2024, then plunged by 613 bps to 0.51% in 2025, then plunged by 57 bps to 0.8% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 0.8%, 0.51%, and 0.2% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 334.68 Bn | 324.73 Bn | 10.28 Bn | 21.66% |
| 2 | Unilever | 135.06 Bn | 122.54 Bn | - | - |
| 3 | Colgate Palmolive | 73.11 Bn | 71.74 Bn | 3.30 Bn | 24.32% |
| 4 | Kenvue | 36.14 Bn | 35.03 Bn | 2.30 Bn | 23.75% |
| 5 | Kimberly Clark | 35.84 Bn | 34.89 Bn | 1.60 Bn | 37.94% |
| 6 | Estee Lauder Companies | 30.63 Bn | 27.51 Bn | 2.84 Bn | 50.28% |
| 7 | Church & Dwight | 23.49 Bn | 23.23 Bn | 693.90 Mn | 20.75% |
| 8 | Clorox | 12.90 Bn | 12.75 Bn | 804.00 Mn | 21.60% |
| 9 | Yatsen Holding | 5.79 Bn | 5.65 Bn | 153.20 Mn | -31.60% |
| 10 | Grove Collaborative Holdings | 42.58 Mn | 32.17 Mn | 19.59 Mn | -0.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.88% |
| Jun 30, 2026 | -0.88% |
| Jun 30, 2026 | -0.88% |
| Mar 31, 2026 | -0.80% |
| Mar 31, 2026 | -0.80% |
| Mar 31, 2026 | -0.80% |
| Dec 31, 2025 | -0.51% |
| Dec 31, 2025 | -0.51% |
| Dec 31, 2025 | -0.51% |
| Sep 30, 2025 | -0.20% |
| Sep 30, 2025 | -0.20% |
| Sep 30, 2025 | -0.20% |
| Jun 30, 2025 | -0.28% |
| Jun 30, 2025 | -0.28% |
| Jun 30, 2025 | -0.28% |
| Mar 31, 2025 | -0.25% |
| Mar 31, 2025 | -0.25% |
| Mar 31, 2025 | -0.25% |
| Dec 31, 2024 | -0.07% |
| Dec 31, 2024 | -0.07% |