Starco Brands (STCB) Tax Rate (2020 - 2022)
Starco Brands (STCB) posted Tax Rate of 31.2% for Q4 2022, down 12.07% on a QoQ basis from 35.48% in Q4 2021, and down 428.0% year-over-year from 9.51% in Q4 2021.
Starco Brands (STCB) Tax Rate (2020 - 2022) Analysis & Trends
Starco Brands' Tax Rate history runs 3 years deep, the most recent figure standing at 31.2% for 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 was 31.2% for Q4 2022 at Starco Brands, down from 35.48% in the prior quarter.
- Across five years, Tax Rate topped out at 35.48% in Q4 2021 and bottomed at 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 slumped 428 bps.
- Starco Brands' Tax Rate stood at 68.86% in 2020, then surged by 152 bps to 35.48% in 2021, then dropped by 12 bps to 31.2% in 2022.
- Business Quant data shows STCB's Tax Rate at 31.2% in Q4 2022, 35.48% in Q4 2021, and 68.86% in Q4 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | 20.89% |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | 10.77% |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | 23.63% |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 28.84% |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | 22.29% |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | 21.99% |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | 32.34% |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | 11.46% |
| 10 | Starco Brands | 15.68 Mn | 24.73 Mn | 4.11 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% |