Organigram Global (OGI) Tax Rate (2019 - 2021)
Organigram Global's (OGI) quarterly Tax Rate came in at 18.5% in Q2 2021, up 1428.0% year-over-year from 1.21% in Q2 2020, and up 75.86% quarter-over-quarter from 10.52% in Q1 2021.
Analysis
Organigram Global (OGI) Tax Rate (2019 - 2021) Analysis & Trends
Organigram Global (OGI) has reported Tax Rate for 3 consecutive years, with 18.5% the latest figure, recorded in Q2 2021.
- On a quarterly basis, Tax Rate rose 1428.0% year-over-year to 18.5% in Q2 2021; TTM through May 2021 was 13.71%, a 1934.0% increase from a year earlier, with the FY2025 full-year figure at 3488.64%, changed N/A from the prior year.
- Tax Rate was 18.5% for Q2 2021 at Organigram Global, up from 10.52% in the prior quarter.
- Over five years, Tax Rate peaked at 93.33% in Q1 2019 and troughed at 112.35% in Q4 2019.
- A 3-year average of 16.37% and a median of 17.91% in 2021 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 12967 bps in 2020 and plunged 4376 bps in 2021, its largest moves.
- Over 3 years, Tax Rate stood at 112.35% in 2019, then jumped by 115 bps to 17.33% in 2020, then gained by 7 bps to 18.5% in 2021.
- The last three Tax Rate figures came in at 18.5% (Q2 2021), 10.52% (Q1 2021), and 17.33% (Q4 2020), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | 147.48% |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | -5.73% |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 78.51% |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 0.14% |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | -202.92% |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | 140.85% |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | 42.30% |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | -27.89% |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | 0.88% |
| 10 | Organigram Global | 141.08 Mn | 141.08 Mn | 39.15 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2021 | 18.50% |
| Feb 28, 2021 | 10.52% |
| Nov 30, 2020 | 17.33% |
| May 31, 2020 | 4.23% |
| Feb 29, 2020 | 54.28% |
| Nov 25, 2019 | -112.35% |
| May 31, 2019 | 45.15% |
| Feb 28, 2019 | 93.33% |