Green Thumb Industries (GTBIF) Deferred Taxes (2019 - 2022)
Green Thumb Industries' (GTBIF) quarterly Deferred Taxes came in at -$17.5 million in Q4 2022, down 34.65% YoY from -$26.7 million in Q4 2021, and down 34.65% on a QoQ basis from -$13.0 million in Q4 2021.
Green Thumb Industries (GTBIF) Deferred Taxes (2019 - 2022) Analysis & Trends
Green Thumb Industries (GTBIF) has 4 years of Deferred Taxes data on file, last reported at -$17.5 million in Q4 2022.
- Quarterly Deferred Taxes fell 34.65% year-over-year to -$17.5 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was -$23.3 million (down 388.81% YoY) and the FY2025 annual result came in at $144.5 million, up 3018.11% from the prior year.
- Deferred Taxes slipped to -$17.5 million in Q4 2022, from -$13.0 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $7.2 million in Q3 2021 to a low of -$17.5 million in Q4 2022.
- A 4-year average of -$2.6 million and a median of -$648000.0 in 2021 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2020 — Deferred Taxes slumped 1866.67% — and 2021, when it surged 498.58%.
- Tracing GTBIF's Deferred Taxes over 4 years: stood at -$8.0 million in 2019, then soared by 71.36% to -$2.3 million in 2020, then sank by 468.8% to -$13.0 million in 2021, then plunged by 34.65% to -$17.5 million in 2022.
- The last three Deferred Taxes figures came in at -$17.5 million (Q4 2022), -$13.0 million (Q4 2021), and $7.2 million (Q3 2021), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.94 Bn | 42.97 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.08 Bn | 39.43 Bn | 2.15 Bn | 25.00 Mn |
| 3 | Zoetis | 31.54 Bn | 29.87 Bn | 1.05 Bn | -33.00 Mn |
| 4 | Takeda Pharmaceutical | 28.60 Bn | 22.80 Bn | 5.10 Bn | - |
| 5 | United Therapeutics | 22.12 Bn | 19.46 Bn | 683.80 Mn | 25.70 Mn |
| 6 | Viatris | 18.75 Bn | 17.86 Bn | 1.46 Bn | -124.50 Mn |
| 7 | Neurocrine Biosciences | 15.50 Bn | 15.11 Bn | 935.80 Mn | -25.30 Mn |
| 8 | Elanco Animal Health | 11.69 Bn | 11.16 Bn | 798.00 Mn | - |
| 9 | Dr Reddys Laboratories | 10.13 Bn | 9.96 Bn | - | - |
| 10 | Green Thumb Industries | 1.66 Bn | 1.38 Bn | 137.87 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | -17.48 Mn |
| Dec 31, 2021 | -12.98 Mn |
| Sep 30, 2021 | 7.18 Mn |
| Jun 30, 2021 | -648,000.00 |
| Mar 31, 2021 | 1.69 Mn |
| Dec 31, 2020 | -2.28 Mn |
| Sep 30, 2020 | 4.97 Mn |
| Jun 30, 2020 | -169,000.00 |
| Mar 31, 2020 | -424,000.00 |
| Dec 31, 2019 | -7.97 Mn |
| Sep 30, 2019 | -1.58 Mn |
| Jun 30, 2019 | -4.16 Mn |
| Mar 31, 2019 | 24,000.00 |