GrowGeneration (GRWG) Tax Rate (2016 - 2026)

GrowGeneration (GRWG) posted Tax Rate of 0.38% for Q1 2026, up 114.71% on a QoQ basis from 2.61% in Q4 2025.

GrowGeneration (GRWG) Tax Rate (2016 - 2026) Analysis & Trends

GrowGeneration's Tax Rate history runs 9 years deep, the most recent figure standing at 0.38% for Q1 2026.

  • Quarterly Tax Rate changed N/A year-over-year to 0.38% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.89% (down 57.0% YoY) and the FY2025 annual result came in at 0.8%, down 48.0% from the prior year.
  • Tax Rate was 0.38% for Q1 2026 at GrowGeneration, up from 2.61% in the prior quarter.
  • Across five years, Tax Rate topped out at 24.01% in Q1 2022 and bottomed at 2.61% in Q4 2025.
  • A 5-year average of 2.27% and a median of 0.21% in 2022 frame the typical range for Tax Rate.
  • Peak annual rise in Tax Rate reached 384 bps in 2022, while the deepest fall reached 4163 bps in 2022.
  • GrowGeneration's Tax Rate stood at 1.63% in 2022, then slumped by 86 bps to 0.22% in 2023, then plunged by 309 bps to 0.46% in 2024, then tumbled by 462 bps to 2.61% in 2025, then surged by 115 bps to 0.38% in 2026.
  • Business Quant data shows GRWG's Tax Rate at 0.38% in Q1 2026, 2.61% in Q4 2025, and 0.08% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Caseys General Stores 32.13 Bn 31.61 Bn 1.08 Bn 23.67%
2 NaaS Technology 30.58 Bn 30.58 Bn - -
3 Williams Sonoma 28.34 Bn 27.33 Bn 1.10 Bn 24.31%
4 Ulta Beauty 23.18 Bn 22.69 Bn 1.48 Bn 24.80%
5 Best Buy 18.52 Bn 16.77 Bn 2.10 Bn 26.98%
6 Dick'S Sporting Goods 16.59 Bn 15.24 Bn 1.77 Bn 28.71%
7 MINISO Group Holding 16.05 Bn 14.98 Bn 414.86 Mn -384.43%
8 Tractor Supply 15.89 Bn 15.66 Bn 1.30 Bn 23.24%
9 Five Below 12.09 Bn 11.16 Bn 696.98 Mn 24.82%
10 GrowGeneration 87.13 Mn 46.01 Mn 9.74 Mn 0.38%

Historic Data

Download Data
DateValue
Mar 31, 2026 0.38%
Mar 31, 2026 0.38%
Mar 31, 2026 0.38%
Dec 31, 2025 -2.61%
Dec 31, 2025 -2.61%
Dec 31, 2025 -2.61%
Sep 30, 2025 -0.08%
Sep 30, 2025 -0.08%
Sep 30, 2025 -0.08%
Dec 31, 2024 -0.46%
Dec 31, 2024 -0.46%
Dec 31, 2024 -0.46%
Sep 30, 2024 0.37%
Sep 30, 2024 0.37%
Sep 30, 2024 0.37%
Jun 30, 2024 -1.64%
Jun 30, 2024 -1.64%
Jun 30, 2024 -1.64%
Mar 31, 2024 0.02%
Mar 31, 2024 0.02%