Growth Metrics

cbdMD (YCBD) Tax Rate (2016 - 2021)

cbdMD (YCBD) has disclosed Tax Rate for 6 consecutive years, with 4.12% as the latest value for Q3 2021.

  • Quarterly Tax Rate fell 1018.0% to 4.12% in Q3 2021 from the year-ago period, while the trailing twelve-month figure was 0.22% through Jun 2022, down 341.0% year-over-year, with the annual reading at 3.68% for FY2021, 695.0% down from the prior year.
  • Tax Rate hit 4.12% in Q3 2021 for cbdMD, down from 6.28% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 15.3% in Q3 2017 to a low of 21.96% in Q1 2017.
  • Historically, Tax Rate has averaged 2.2% across 5 years, with a median of 3.88% in 2019.
  • Biggest five-year swings in Tax Rate: soared 2054bps in 2018 and later crashed -3350bps in 2019.
  • Year by year, Tax Rate stood at 2.54% in 2017, then surged by 396bps to 12.62% in 2018, then plummeted by -265bps to 20.88% in 2019, then skyrocketed by 84bps to 3.41% in 2020, then surged by 221bps to 4.12% in 2021.
  • Business Quant data shows Tax Rate for YCBD at 4.12% in Q3 2021, 6.28% in Q2 2021, and 4.11% in Q1 2021.