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
DateValue
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%