Trulieve Cannabis (TCNNF) Current Taxes (2020 - 2024)
Trulieve Cannabis (TCNNF) recorded quarterly Current Taxes of $1.2 million in Q1 2024, down 96.76% quarter-over-quarter from $35.6 million in Q1 2023, and down 96.76% on a YoY basis from $35.6 million in Q2 2023.
Trulieve Cannabis (TCNNF) Current Taxes (2020 - 2024) Analysis & Trends
Trulieve Cannabis' Current Taxes history runs 5 years deep, the most recent figure standing at $1.2 million for Q1 2024.
- In Q1 2024, Current Taxes fell 96.76% year-over-year to $1.2 million; the TTM figure through Mar 2024 stood at $1.2 million (down 96.76% YoY), while the FY2022 annual figure was $49.6 million, up 827.04% from the prior year.
- Current Taxes was $1.2 million for Q1 2024 at Trulieve Cannabis, down from $35.6 million in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $49.6 million in Q4 2022 to a low of $1.2 million in Q1 2024.
- Historically, Current Taxes has averaged $19.3 million across 5 years, with a median of $5.9 million in 2020.
- The sharpest annual moves came in 2022 and 2024: Current Taxes jumped 827.04% in 2022, then tumbled 96.76% in 2024.
- A 5-year view of Current Taxes shows it stood at $5.9 million in 2020, then decreased by 8.9% to $5.4 million in 2021, then surged by 827.04% to $49.6 million in 2022, then declined by 28.15% to $35.6 million in 2023, then sank by 96.76% to $1.2 million in 2024.
- The last three Current Taxes figures came in at $1.2 million (Q1 2024), $35.6 million (Q1 2023), and $49.6 million (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | - |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 211.00 Mn |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | - |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | 4.61 Mn |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | - |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | - |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | - |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | - |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 22.15 Mn |
| 10 | Trulieve Cannabis | - | - | 170.08 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 1.16 Mn |
| Mar 31, 2023 | 35.65 Mn |
| Dec 31, 2022 | 49.62 Mn |
| Sep 30, 2022 | 4.68 Mn |
| Jun 30, 2022 | 23.89 Mn |
| Mar 31, 2022 | 5.51 Mn |
| Dec 31, 2021 | 5.35 Mn |
| Mar 31, 2021 | 42.42 Mn |
| Dec 31, 2020 | 5.88 Mn |