Monro (MNRO) Long-Term Deferred Tax (2013 - 2023)
Monro's Long-Term Deferred Tax came in at $446,000 for fiscal Q3 2024 (quarter ended Dec 23, 2023), down 81.1% from $2.36 million a year earlier and down 66.2% from the prior quarter.
Monro (MNRO) Long-Term Deferred Tax (2013 - 2023) Analysis & Trends
At the end of FY2023 (ended Mar 25, 2023), Monro's Long-Term Deferred Tax was $2.76 million, down 46.4% from FY2022.
- Long-Term Deferred Tax has declined in each of the last three fiscal years, with a five-year compound annual growth rate of -24.8% (FY2018 to FY2023).
- Going back by fiscal year, Long-Term Deferred Tax was $5.15 million in FY2022 (-8.2%), $5.61 million in FY2021 (-9.2%), $6.18 million in FY2020 (+185.5%) and $2.17 million in FY2019 (-81.1%).
- The fiscal Q3 2024 figure represents the lowest quarterly Long-Term Deferred Tax in data going back to fiscal Q4 2013.
- Year-over-year, Long-Term Deferred Tax has declined for 12 consecutive quarters, with an average decline of 44.4% over the last eight quarters.
- The fastest year-over-year change in Long-Term Deferred Tax over five years came in fiscal Q4 2020 (growth of 185.5%), and the weakest in fiscal Q4 2019 (a decline of 81.1%).
- Business Quant data shows MNRO's Long-Term Deferred Tax at $1.32 million (Q2 2024), $2.08 million (Q1 2024) and $2.76 million (Q4 2023) in the three fiscal quarters before Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn |
| 10 | Monro | 419.98 Mn | 382.16 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 23, 2023 | 446,000.00 |
| Sep 23, 2023 | 1.32 Mn |
| Jun 24, 2023 | 2.08 Mn |
| Mar 25, 2023 | 2.76 Mn |
| Dec 24, 2022 | 2.36 Mn |
| Sep 24, 2022 | 3.64 Mn |
| Jun 25, 2022 | 4.59 Mn |
| Mar 26, 2022 | 5.15 Mn |
| Dec 25, 2021 | 4.90 Mn |
| Sep 25, 2021 | 5.09 Mn |
| Jun 26, 2021 | 5.81 Mn |
| Mar 27, 2021 | 5.61 Mn |
| Dec 26, 2020 | 5.92 Mn |
| Sep 26, 2020 | 5.93 Mn |
| Jun 27, 2020 | 6.14 Mn |
| Mar 28, 2020 | 6.18 Mn |
| Dec 28, 2019 | 5.04 Mn |
| Sep 28, 2019 | 5.35 Mn |
| Jun 29, 2019 | 5.72 Mn |
| Mar 30, 2019 | 2.17 Mn |
Monro Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=MNRO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "MNRO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=MNRO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();