Kartoon Studios (TOON) Tax Rate (2014 - 2024)
Kartoon Studios (TOON) posted quarterly Tax Rate of 12.19% for Q4 2024, up 945.0% year-over-year from 1.17% in Q1 2024, and up 345.2% quarter-over-quarter from 2.74% in Q4 2023.
Kartoon Studios (TOON) Tax Rate (2014 - 2024) Analysis & Trends
Kartoon Studios (TOON) has reported Tax Rate for 7 consecutive years, with 12.19% the latest figure, recorded in Q4 2024.
- In Q4 2024, Tax Rate rose 945.0% year-over-year to 12.19%; the TTM figure through Mar 2025 stood at 3.49% (up 234.0% YoY), while the FY2025 annual figure was 0.19%, down 323.0% from the prior year.
- Tax Rate climbed to 12.19% in Q4 2024 per TOON's latest filing, from 2.74% in the prior quarter.
- Across five years, Tax Rate topped out at 12.19% in Q4 2024 and bottomed at 0.64% in Q4 2022.
- Historically, Tax Rate has averaged 4.51% across 3 years, with a median of 3.25% in 2023.
- Annual changes were most pronounced in 2023 — Tax Rate soared 337 bps — and 2024, when it jumped 945 bps.
- Kartoon Studios' Tax Rate stood at 0.64% in 2022, then soared by 529 bps to 2.74% in 2023, then jumped by 345 bps to 12.19% in 2024.
- Business Quant data shows TOON's Tax Rate at 12.19% in Q4 2024, 2.74% in Q4 2023, and 3.77% in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 16.40% |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 21.98% |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 159.78% |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 22.31% |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 24.43% |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 75.76% |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 3.07% |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 17.27% |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 14.72% |
| 10 | Kartoon Studios | 43.66 Mn | 3.17 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 12.19% |
| Dec 31, 2024 | 12.19% |
| Dec 31, 2024 | 12.19% |
| Dec 31, 2023 | 2.74% |
| Dec 31, 2023 | 2.74% |
| Dec 31, 2023 | 2.74% |
| Mar 31, 2023 | 3.77% |
| Mar 31, 2023 | 3.77% |
| Mar 31, 2023 | 3.77% |
| Dec 31, 2022 | -0.64% |
| Dec 31, 2022 | -0.64% |
| Dec 31, 2022 | -0.64% |
| Dec 31, 2019 | 109.43% |
| Dec 31, 2019 | 109.43% |
| Dec 31, 2019 | 109.43% |
| Dec 31, 2017 | 141.86% |
| Dec 31, 2017 | 141.86% |
| Dec 31, 2017 | 141.86% |
| Dec 31, 2015 | 111.60% |
| Dec 31, 2015 | 111.60% |