Marimed (MRMD) Tax Rate (2019 - 2024)
Marimed's Tax Rate came in at -129.94% for Q2 2026, down 31.79 percentage points from -98.15% a year earlier but up 107.60 percentage points from the prior quarter.
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Analysis
Marimed (MRMD) Tax Rate (2019 - 2024) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Marimed reported Tax Rate of -46.58%, up 83.73 percentage points year-over-year; for FY2025, it was -33.09%, up 157.94 percentage points from FY2024.
- Tax Rate carries a five-year change of -79.06 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was -191.03% in FY2024 (-48.36 pp), -142.68% in FY2023 (-172.92 pp), 30.24% in FY2022 (-37.78 pp) and 68.02% in FY2021 (+22.05 pp).
- The five-year range for quarterly Tax Rate is -1515.93% (Q3 2025) to 2311.92% (Q3 2023).
- Year-over-year, Tax Rate increased in two of the last eight quarters, with an average year-over-year change of -558.25 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q3 2023 (a gain of 2264.20 percentage points), and the weakest in Q3 2024 (a drop of 2507.44 percentage points).
- Business Quant data shows MRMD's Tax Rate at -237.54% (Q1 2026), 36.67% (Q4 2025) and -1515.93% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 22.25% |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 21.54% |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | - |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | - |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 78.51% |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 0.14% |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 26.34% |
| 10 | Marimed | 32.09 Mn | -1.67 Mn | 16.23 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 424.62% |
| Sep 30, 2023 | 2,311.92% |
| Jun 30, 2023 | 192.39% |
| Mar 31, 2023 | 136.30% |
| Sep 30, 2022 | 47.71% |
| Jun 30, 2022 | 48.00% |
| Mar 31, 2022 | 46.32% |
| Dec 31, 2021 | 934.11% |
| Sep 30, 2021 | 65.38% |
| Jun 30, 2021 | 33.44% |
| Mar 31, 2021 | 21.84% |
| Jun 30, 2019 | 17.10% |
API Access
Marimed Tax Rate 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=tax-rate&ticker=MRMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MRMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();