Marimed (MRMD) Tax Rate (2019 - 2024)
Marimed's Tax Rate came in at 424.62% for Q1 2024, up 288.32 percentage points from 136.30% a year earlier.
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Analysis
Marimed (MRMD) Tax Rate (2019 - 2024) Analysis & Trends
For FY2022, Marimed's Tax Rate was 30.24%, down 37.78 percentage points from FY2021.
- Going back by year, Tax Rate was 68.02% in FY2021 (+22.05 pp) and 45.97% in FY2020.
- The five-year range for quarterly Tax Rate is 17.10% (Q2 2019) to 2311.92% (Q3 2023).
- Year-over-year, Tax Rate increased in five of the last six quarters, with an average year-over-year change of +463.96 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.93 Bn | 279.93 Bn | 7.85 Bn | 21.46% |
| 2 | British American Tobacco p.l.c | 132.15 Bn | 108.52 Bn | - | - |
| 3 | Altria | 126.24 Bn | 113.17 Bn | 3.94 Bn | 23.59% |
| 4 | Curaleaf Holdings | 2.38 Bn | 2.00 Bn | 170.48 Mn | - |
| 5 | Trulieve Cannabis | 2.09 Bn | 704.06 Mn | 162.29 Mn | - |
| 6 | RLX Technology | 1.95 Bn | -1.82 Bn | 52.74 Mn | - |
| 7 | Green Thumb Industries | 1.45 Bn | 220.58 Mn | 146.79 Mn | 131.08% |
| 8 | Cronos | 1.37 Bn | -1.91 Bn | 28.45 Mn | 0.14% |
| 9 | Turning Point Brands | 1.27 Bn | 381.77 Mn | 93.70 Mn | 26.34% |
| 10 | Marimed | 30.01 Mn | -1.84 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();