Hydrofarm Holdings (HYFM) Deferred Taxes (2020 - 2023)
Hydrofarm Holdings (HYFM) posted quarterly Deferred Taxes of $2000.0 for Q4 2023, down 99.94% year-over-year from $3.1 million in Q4 2022, and down 99.94% quarter-over-quarter 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 for Q4 2023 stood at $2000.0, down from $3.1 million in the prior quarter.
- The five-year high for Deferred Taxes was $3.1 million in Q4 2022, with the low at -$21.3 million in Q3 2021.
- The 4-year median for Deferred Taxes is $22500.0 (2022), against an average of -$3.8 million.
- The sharpest annual moves came in 2022 and 2023: Deferred Taxes surged 1101.95% in 2022, then sank 99.94% in 2023.
- Hydrofarm Holdings' Deferred Taxes stood at $52000.0 in 2020, then jumped by 392.31% to $256000.0 in 2021, then soared by 1101.95% to $3.1 million in 2022, then tumbled by 99.94% to $2000.0 in 2023.
- Business Quant data shows HYFM's Deferred Taxes at $2000.0 in Q4 2023, $3.1 million in Q4 2022, and $43000.0 in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 381.39 Bn | 374.67 Bn | 7.76 Bn | 110.00 Mn |
| 2 | Deere | 175.37 Bn | 167.47 Bn | 13.06 Bn | -86.00 Mn |
| 3 | Paccar | 69.11 Bn | 60.44 Bn | 1.56 Bn | 22.90 Mn |
| 4 | CNH Industrial | 14.68 Bn | 12.81 Bn | 1.41 Bn | 56.00 Mn |
| 5 | Oshkosh | 9.80 Bn | 9.40 Bn | 480.30 Mn | 11.00 Mn |
| 6 | Agco | 7.62 Bn | 7.04 Bn | 645.90 Mn | -40.90 Mn |
| 7 | Terex | 7.57 Bn | 7.17 Bn | 444.00 Mn | 4.00 Mn |
| 8 | Blue Bird | 2.12 Bn | 2.00 Bn | 103.37 Mn | -5.30 Mn |
| 9 | Alamo | 1.99 Bn | 1.79 Bn | 110.86 Mn | 1.56 Mn |
| 10 | Hydrofarm Holdings | 4.87 Mn | -1.74 Mn | 2.63 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 |