Grove Collaborative Holdings (GROV) Tax Rate (2022)
Grove Collaborative Holdings' Tax Rate was -0.88% in Q2 2026, down 0.60 percentage points from -0.28% a year earlier and down 0.08 percentage points from the prior quarter.
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Analysis
Grove Collaborative Holdings (GROV) Tax Rate (2022) Analysis & Trends
On a trailing twelve-month basis, Grove Collaborative Holdings' Tax Rate was -0.47% through Jun 30, 2026, down 0.28 percentage points year-over-year; for FY2025, it came in at -0.28%, down 0.14 percentage points from FY2024.
- Tax Rate has now declined for four consecutive years, with a five-year change of -0.23 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was -0.15% in FY2024 (-0.06 pp), -0.09% in FY2023 (-0.03 pp), -0.06% in FY2022 (-0.02 pp) and -0.04% in FY2021 (+0.02 pp).
- The Q2 2026 figure marks the lowest quarterly Tax Rate in data going back to Q2 2021.
- Compared with a year earlier, Tax Rate has declined for three straight quarters, with an average year-over-year change of -0.23 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q3 2025 (a gain of 0.63 percentage points); the worst was Q3 2024 (a drop of 0.76 percentage points).
- Per Business Quant data, GROV's Tax Rate in the three quarters before Q2 2026 was -0.80% (Q1 2026), -0.51% (Q4 2025) and -0.20% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 337.81 Bn | 293.80 Bn | 10.28 Bn | 21.66% |
| 2 | Colgate Palmolive | 68.01 Bn | 63.06 Bn | 3.30 Bn | 24.32% |
| 3 | Kenvue | 33.93 Bn | 29.54 Bn | 2.30 Bn | 23.75% |
| 4 | Estee Lauder Companies | 33.63 Bn | 21.70 Bn | 2.74 Bn | - |
| 5 | Kimberly Clark | 32.41 Bn | 29.73 Bn | 1.60 Bn | 37.94% |
| 6 | Church & Dwight | 22.35 Bn | 20.88 Bn | 693.90 Mn | 20.75% |
| 7 | Clorox | 9.80 Bn | 8.24 Bn | 804.00 Mn | 21.60% |
| 8 | e.l.f. Beauty | 5.95 Bn | 4.92 Bn | 398.84 Mn | 29.38% |
| 9 | Reynolds Consumer Products | 4.56 Bn | 4.22 Bn | 245.00 Mn | 23.28% |
| 10 | Grove Collaborative Holdings | 45.69 Mn | 12.75 Mn | 19.59 Mn | - |
API Access
Grove Collaborative Holdings 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=GROV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "GROV", "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=GROV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();