Hydrofarm Holdings (HYFM) Deferred Taxes (2020 - 2023)
Hydrofarm Holdings (HYFM) recorded quarterly Deferred Taxes of $2000.0 in Q4 2023, down 99.94% quarter-over-quarter from $3.1 million in Q4 2022, and down 99.94% on a YoY basis from $3.1 million in Q4 2022.
Hydrofarm Holdings (HYFM) Deferred Taxes (2020 - 2023) Analysis & Trends
Hydrofarm Holdings' Deferred Taxes history runs 4 years deep, the most recent figure standing at $2000.0 for Q4 2023.
- In Q4 2023, Deferred Taxes fell 99.94% year-over-year to $2000.0; the TTM figure through Dec 2023 stood at $2000.0 (up 100.02% YoY), while the FY2023 annual figure was $2000.0, up 100.02% from the prior year.
- Deferred Taxes was $2000.0 for Q4 2023 at Hydrofarm Holdings, down from $3.1 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $3.1 million in Q4 2022 to a low of -$21.3 million in Q3 2021.
- Historically, Deferred Taxes has averaged -$3.8 million across 4 years, with a median of $22500.0 in 2022.
- The sharpest annual moves came in 2022 and 2023: Deferred Taxes soared 1101.95% in 2022, then slumped 99.94% in 2023.
- A 4-year view of Deferred Taxes shows it stood at $52000.0 in 2020, then surged by 392.31% to $256000.0 in 2021, then jumped by 1101.95% to $3.1 million in 2022, then plunged by 99.94% to $2000.0 in 2023.
- The last three Deferred Taxes figures came in at $2000.0 (Q4 2023), $3.1 million (Q4 2022), and $43000.0 (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 397.22 Bn | 393.14 Bn | 6.11 Bn | 534.00 Mn |
| 2 | Deere | 151.61 Bn | 143.71 Bn | 13.06 Bn | -86.00 Mn |
| 3 | Paccar | 60.18 Bn | 59.49 Bn | 1.36 Bn | -159.00 Mn |
| 4 | Oshkosh | 8.00 Bn | 7.75 Bn | 311.90 Mn | 4.60 Mn |
| 5 | Terex | 5.74 Bn | 5.35 Bn | 206.00 Mn | -43.00 Mn |
| 6 | Blue Bird | 2.18 Bn | 1.91 Bn | 70.65 Mn | 2.62 Mn |
| 7 | Alamo | 1.82 Bn | 1.62 Bn | 104.81 Mn | 1.64 Mn |
| 8 | Lindsay | 1.21 Bn | 1.02 Bn | 42.35 Mn | 5.66 Mn |
| 9 | Astec Industries | 1.14 Bn | 1.06 Bn | 99.10 Mn | -400,000.00 |
| 10 | Hydrofarm Holdings | 4.44 Mn | -908,678.96 | 1.84 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 2,000.00 |
| Dec 31, 2022 | 3.08 Mn |
| Sep 30, 2022 | 43,000.00 |
| Jun 30, 2022 | -7.84 Mn |
| Mar 31, 2022 | -4.59 Mn |
| Dec 31, 2021 | 256,000.00 |
| Sep 30, 2021 | -21.25 Mn |
| Dec 31, 2020 | 52,000.00 |