Kartoon Studios (TOON) Tax Rate (2022 - 2024)
Kartoon Studios (TOON) reported Tax Rate of 0.85% for Q4 2024, down 100.0% year-over-year from inf% in Q1 2024, and down 654.82% on a QoQ basis from 0.15% in Q4 2023.
Kartoon Studios (TOON) has 3 years of Tax Rate data on file, last reported at 0.85% in Q4 2024.
- Quarterly Tax Rate fell 100.0% year-over-year to 0.85% in Q4 2024, while the trailing twelve-month figure through Mar 2025 was 0.24% (down 31.0% YoY) and the FY2024 annual result came in at 0.24%, down 148.0% from the prior year.
- Tax Rate declined to 0.85% in Q4 2024 per TOON's latest filing, from 0.15% in the prior quarter.
- Across five years, Tax Rate topped out at 3.77% in Q1 2023 and bottomed at 0.85% in Q4 2024.
- The 3-year median for Tax Rate is 0.24% (2022), against an average of 0.61%.
- The widest annual swing landed in 2023, when Tax Rate jumped 79 bps; it then sank 100 bps in 2024.
- Tracing TOON's Tax Rate over 3 years: stood at 0.64% in 2022, then surged by 124 bps to 0.15% in 2023, then tumbled by 655 bps to 0.85% in 2024.
- Per Business Quant, the three latest TOON Tax Rate figures stand at 0.85% (Q4 2024), 0.15% (Q4 2023), and 3.77% (Q1 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 19.31 |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 26.79 |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | 6.86 |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | 7.79 |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 25.85 |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 8.62 |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 3.27 |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 35.98 |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 12.04 |
| 10 | Kartoon Studios | 28.64 Mn | 24.91 Mn | 7.05 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.73 |
| Dec 31, 2024 | 0.73 |
| Dec 31, 2023 | -3.67 |
| Dec 31, 2023 | -3.67 |
| Mar 31, 2023 | 3.77 |
| Mar 31, 2023 | 3.77 |
| Dec 31, 2022 | -0.64 |
| Dec 31, 2022 | -0.64 |