GrowGeneration (GRWG) Tax Rate (2016 - 2026)
GrowGeneration (GRWG) reported Tax Rate of 0.38% for Q1 2026, up 114.71% quarter-over-quarter from 2.61% in Q4 2025.
GrowGeneration (GRWG) Tax Rate (2016 - 2026) Analysis & Trends
GrowGeneration has reported Tax Rate for 8 years, with the latest figure at 0.38% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate changed N/A year-over-year to 0.38%; the trailing twelve-month figure through Mar 2026 stood at 0.89% (down 57.0% YoY), and the FY2025 full-year result was 0.8%, down 48.0% from the prior year.
- Tax Rate for Q1 2026 stood at 0.38%, up from 2.61% in the prior quarter.
- The five-year high for Tax Rate was 24.01% in Q1 2022, with the low at 2.61% in Q4 2025.
- Historically, Tax Rate has averaged 2.27% across 5 years, with a median of 0.21% in 2022.
- The largest YoY upside for Tax Rate was 384 bps in 2022 against a maximum downside of 4163 bps in 2022.
- GrowGeneration's Tax Rate stood at 1.63% in 2022, then plunged by 86 bps to 0.22% in 2023, then slumped by 309 bps to 0.46% in 2024, then sank by 462 bps to 2.61% in 2025, then soared by 115 bps to 0.38% in 2026.
- The last three Tax Rate figures came in at 0.38% (Q1 2026), 2.61% (Q4 2025), and 0.08% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 24.13% |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 24.31% |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 24.45% |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 28.71% |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 23.24% |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 26.98% |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | - |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 24.82% |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 22.64% |
| 10 | GrowGeneration | 96.15 Mn | 55.03 Mn | 9.74 Mn | 0.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.38% |
| Mar 31, 2026 | 0.38% |
| Dec 31, 2025 | -2.61% |
| Dec 31, 2025 | -2.61% |
| Sep 30, 2025 | -0.08% |
| Sep 30, 2025 | -0.08% |
| Dec 31, 2024 | -0.46% |
| Dec 31, 2024 | -0.46% |
| Sep 30, 2024 | 0.37% |
| Sep 30, 2024 | 0.37% |
| Jun 30, 2024 | -1.64% |
| Jun 30, 2024 | -1.64% |
| Mar 31, 2024 | 0.02% |
| Mar 31, 2024 | 0.02% |
| Dec 31, 2023 | 0.22% |
| Dec 31, 2023 | 0.22% |
| Jun 30, 2023 | -1.66% |
| Jun 30, 2023 | -1.66% |
| Dec 31, 2022 | 1.63% |
| Dec 31, 2022 | 1.63% |