cbdMD (YCBD) Tax Rate (2016 - 2021)
cbdMD's (YCBD) quarterly Tax Rate came in at 24.24% in Q3 2021, down 3601.0% year-on-year from 0.69% in Q3 2020, and down 486.01% quarter-over-quarter from 6.28% in Q2 2021.
cbdMD (YCBD) Tax Rate (2016 - 2021) Analysis & Trends
cbdMD has disclosed Tax Rate across 6 years of filings, most recently posting 24.24% for Q3 2021.
- Tax Rate for Q3 2021 came in at 24.24%, down 3601.0% year-over-year; the trailing twelve-month figure through Jun 2022 was 1.31% (down 481.0% YoY), and the FY2020 annual result was 11.9%, changed N/A from the prior year.
- Tax Rate came in at 24.24% for Q3 2021 at cbdMD, down from 6.28% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 16.07% in Q3 2019 to a low of 24.24% in Q3 2021.
- The 5-year median for Tax Rate is 3.88% (2019), against an average of 0.81%.
- Across the five-year window, Tax Rate jumped 2054 bps in 2018 and sank 3601 bps in 2021, its largest moves.
- cbdMD's Tax Rate stood at 2.54% in 2017, then soared by 396 bps to 12.62% in 2018, then slumped by 265 bps to 20.88% in 2019, then jumped by 83 bps to 3.53% in 2020, then slumped by 586 bps to 24.24% in 2021.
- The last three Tax Rate figures came in at 24.24% (Q3 2021), 6.28% (Q2 2021), and 4.11% (Q1 2021), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 15.33% |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 20.71% |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 13.63% |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | -20.44% |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 19.81% |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 34.48% |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | -7.43% |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 24.29% |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 9.29% |
| 10 | cbdMD | 3,905.91 | -3.38 Mn | 3.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2021 | -24.24% |
| Sep 30, 2021 | -24.24% |
| Jun 30, 2021 | 6.28% |
| Jun 30, 2021 | 6.28% |
| Mar 31, 2021 | 4.11% |
| Mar 31, 2021 | 4.11% |
| Dec 31, 2020 | -3.53% |
| Dec 31, 2020 | -3.53% |
| Sep 30, 2020 | 11.77% |
| Sep 30, 2020 | 11.77% |
| Dec 31, 2019 | -20.88% |
| Dec 31, 2019 | -20.88% |
| Sep 30, 2019 | 16.07% |
| Sep 30, 2019 | 16.07% |
| Jun 30, 2019 | 3.88% |
| Jun 30, 2019 | 3.88% |
| Mar 31, 2019 | 3.26% |
| Mar 31, 2019 | 3.26% |
| Dec 31, 2018 | 12.62% |
| Dec 31, 2018 | 12.62% |