Starco Brands (STCB) Tax Rate (2020 - 2022)
Starco Brands' (STCB) quarterly Tax Rate came in at 31.2% in Q4 2022, down 428.0% YoY from 9.51% in Q4 2021, and down 12.07% on a QoQ basis from 35.48% in Q4 2021.
Starco Brands (STCB) Tax Rate (2020 - 2022) Analysis & Trends
Starco Brands (STCB) has 3 years of Tax Rate data on file, last reported at 31.2% in Q4 2022.
- Quarterly Tax Rate fell 428.0% year-over-year to 31.2% in Q4 2022, while the trailing twelve-month figure through Dec 2022 was 27.98% (up 89.0% YoY) and the FY2025 annual result came in at 1.46%, down 744.0% from the prior year.
- Tax Rate declined to 31.2% in Q4 2022, from 35.48% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 35.48% in Q4 2021 to a low of 68.86% in Q4 2020.
- A 3-year average of 0.73% and a median of 31.2% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2021 — Tax Rate surged 10434 bps — and 2022, when it tumbled 428 bps.
- Tracing STCB's Tax Rate over 3 years: stood at 68.86% in 2020, then soared by 152 bps to 35.48% in 2021, then decreased by 12 bps to 31.2% in 2022.
- The last three Tax Rate figures came in at 31.2% (Q4 2022), 35.48% (Q4 2021), and 68.86% (Q4 2020), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 14.37% |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 10.77% |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 28.84% |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 56.69% |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 23.63% |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | -18.47% |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 22.13% |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 21.40% |
| 10 | Starco Brands | 32.94 Mn | 32.03 Mn | 3.48 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 31.20% |
| Dec 31, 2022 | 31.20% |
| Dec 31, 2022 | 31.20% |
| Dec 31, 2021 | 35.48% |
| Dec 31, 2021 | 35.48% |
| Dec 31, 2021 | 35.48% |
| Dec 31, 2020 | -68.86% |
| Dec 31, 2020 | -68.86% |
| Dec 31, 2020 | -68.86% |