Marimed (MRMD) Tax Rate (2018 - 2026)
Marimed's (MRMD) quarterly Tax Rate came in at 237.54% in Q1 2026, down 13063.0% year-on-year from N/an in Q1 2025, and down 747.83% on a QoQ basis from 36.67% in Q4 2025.
Marimed (MRMD) Tax Rate (2018 - 2026) Analysis & Trends
Marimed (MRMD) has 9 years of Tax Rate data on file, last reported at 237.54% in Q1 2026.
- On a quarterly basis, Tax Rate fell 13063.0% year-over-year to 237.54% in Q1 2026; TTM through Mar 2026 was 37.09%, a 9442.0% increase from a year earlier, with the FY2025 full-year figure at 33.09%, up 15794.0% from the prior year.
- Tax Rate for Q1 2026 stood at 237.54%, down from 36.67% in the prior quarter.
- Over the last five years, Tax Rate for MRMD reached as high as 2311.92% in Q3 2023 and fell as low as 1515.93% in Q3 2025.
- Historically, Tax Rate has averaged 42.93% across 5 years, with a median of 5.29% in 2023.
- Across the five-year window, Tax Rate surged 226420 bps in 2023 and slumped 250744 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 72.38% in 2022, then jumped by 93 bps to 5.29% in 2023, then sank by 2723 bps to 149.22% in 2024, then jumped by 125 bps to 36.67% in 2025, then sank by 748 bps to 237.54% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 237.54% in Q1 2026, 36.67% in Q4 2025, and 1515.93% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | 15.33% |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 20.71% |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | -23.33% |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | 13.63% |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | 171.33% |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 19.81% |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | 34.48% |
| 10 | Marimed | 23.85 Mn | 14.02 Mn | 15.28 Mn | -237.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -237.54% |
| Mar 31, 2026 | -237.54% |
| Mar 31, 2026 | -237.54% |
| Dec 31, 2025 | 36.67% |
| Dec 31, 2025 | 36.67% |
| Dec 31, 2025 | 36.67% |
| Sep 30, 2025 | -1,515.93% |
| Sep 30, 2025 | -1,515.93% |
| Sep 30, 2025 | -1,515.93% |
| Jun 30, 2025 | -119.34% |
| Jun 30, 2025 | -119.34% |
| Jun 30, 2025 | -119.34% |
| Mar 31, 2025 | -106.91% |
| Mar 31, 2025 | -106.91% |
| Mar 31, 2025 | -106.91% |
| Dec 31, 2024 | -149.22% |
| Dec 31, 2024 | -149.22% |
| Dec 31, 2024 | -149.22% |
| Sep 30, 2024 | -195.52% |
| Sep 30, 2024 | -195.52% |