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| Date | Value |
|---|---|
| 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% |