cbdMD (YCBD) Tax Rate (2016 - 2021)

cbdMD (YCBD) posted Tax Rate of 24.24% for Q3 2021, down 486.01% sequentially from 6.28% in Q2 2021, and down 4651.0% YoY from 0.53% in Q3 2020.

cbdMD (YCBD) Tax Rate (2016 - 2021) Analysis & Trends

cbdMD has reported Tax Rate for 6 years, with the latest figure at 24.24% in Q3 2021.

Quarterly Tax Rate fell 4651.0% year-over-year to 24.24% in Q3 2021, while the trailing twelve-month figure through Jun 2022 was 1.31% (down 527.0% YoY) and the FY2020 annual result came in at 10.63%, changed N/A from the prior year.
Tax Rate fell to 24.24% in Q3 2021 per YCBD's latest filing, from 6.28% in the prior quarter.
Over five years, Tax Rate peaked at 22.27% in Q3 2020 and troughed at 227.35% in Q3 2017.
A 5-year average of 12.24% and a median of 3.26% in 2019 frame the typical range for Tax Rate.
The sharpest annual moves came in 2018 and 2021: Tax Rate soared 22756 bps in 2018, then slumped 4651 bps in 2021.
Over 5 years, Tax Rate stood at 2.16% in 2017, then soared by 484 bps to 12.62% in 2018, then slumped by 265 bps to 20.88% in 2019, then jumped by 84 bps to 3.41% in 2020, then sank by 610 bps to 24.24% in 2021.
According to Business Quant data, Tax Rate over the past three periods registered 24.24%, 6.28%, and 4.11% for Q3 2021, Q2 2021, and Q1 2021 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Haleon	44.51 Bn	43.55 Bn	-	-
2	Teva Pharmaceutical Industries	43.52 Bn	39.86 Bn	2.15 Bn	-26.59%
3	Zoetis	32.43 Bn	30.75 Bn	1.05 Bn	-
4	Takeda Pharmaceutical	28.63 Bn	22.83 Bn	5.10 Bn	-30.40%
5	United Therapeutics	21.87 Bn	19.21 Bn	683.80 Mn	10.65%
6	Viatris	18.98 Bn	18.09 Bn	1.46 Bn	-85.63%
7	Neurocrine Biosciences	15.43 Bn	15.04 Bn	935.80 Mn	10.97%
8	Elanco Animal Health	12.02 Bn	11.49 Bn	798.00 Mn	3.57%
9	Dr Reddys Laboratories	10.14 Bn	9.98 Bn	-	-
10	cbdMD	5.41 Mn	3.29 Mn	3.04 Mn	-

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