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
DateValue
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