TerrAscend (TSNDF) Tax Rate (2021 - 2026)
TerrAscend's Tax Rate was 758.31% in Q2 2026, up 457.62 percentage points from 300.69% a year earlier and up 458.69 percentage points from the prior quarter.
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Analysis
TerrAscend (TSNDF) Tax Rate (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, TerrAscend's Tax Rate was 801.80% through Jun 30, 2026, up 484.84 percentage points year-over-year; for FY2025, it was 592.04%, down 0.32 percentage points from FY2024.
- Tax Rate shows a five-year change of +601.26 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 592.36% in FY2024 (+1143.79 pp), -551.43% in FY2023 (-554.90 pp), 3.48% in FY2022 (-61.37 pp) and 64.85% in FY2021 (+74.06 pp).
- Quarterly Tax Rate has moved between -517.87% (Q3 2024) and 979.06% (Q3 2025) over five years.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of +246.61 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q3 2025 (a gain of 1496.93 percentage points); the worst was Q3 2024 (a drop of 783.21 percentage points).
- Per Business Quant data, TSNDF's Tax Rate in the three quarters before Q2 2026 was 299.62% (Q1 2026), 76.57% (Q4 2025) and 979.06% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 22.25% |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 21.54% |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | - |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | - |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 78.51% |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 0.14% |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 26.34% |
| 10 | TerrAscend | 191.69 Mn | 39.35 Mn | 36.25 Mn | 758.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 758.31% |
| Mar 31, 2026 | 299.62% |
| Sep 30, 2025 | 979.06% |
| Jun 30, 2025 | 300.69% |
| Mar 31, 2025 | 369.70% |
| Jun 30, 2024 | 321.22% |
| Sep 30, 2023 | 265.34% |
| Dec 31, 2022 | 115.15% |
| Jun 30, 2022 | 21.76% |
| Dec 31, 2021 | 67.64% |
| Sep 30, 2021 | 8.22% |
API Access
TerrAscend Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=TSNDF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "TSNDF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=TSNDF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();