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GROWLIFE, INC. (PHOT) Tax Rate (2020 - 2022)

Growlife (PHOT) has disclosed Tax Rate for 4 consecutive years, with 9.16% as the latest value for Q3 2022.

  • On a quarterly basis, Tax Rate fell 456.0% to 9.16% in Q3 2022 year-over-year; TTM through Mar 2023 was 4.52%, a 957.0% decrease, with the full-year FY2020 number at 150.68%, down 15225.0% from a year prior.
  • Tax Rate was 9.16% for Q3 2022 at Growlife, down from 4.89% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 100.0% in Q2 2021 to a low of 136.72% in Q4 2020.
  • A 4-year average of 12.53% and a median of 4.6% in 2021 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: crashed -15452bps in 2020, then surged 9540bps in 2021.
  • Growlife's Tax Rate stood at 17.79% in 2019, then tumbled by -868bps to 136.72% in 2020, then surged by 97bps to 4.6% in 2021, then crashed by -99bps to 9.16% in 2022.
  • Per Business Quant, the three most recent readings for PHOT's Tax Rate are 9.16% (Q3 2022), 4.89% (Q2 2022), and 4.6% (Q3 2021).