cbdMD (YCBD) Tax Rate (2016 - 2021)

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

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

cbdMD (YCBD) has 6 years of Tax Rate data on file, last reported at 24.24% in Q3 2021.

  • For the quarter ending Q3 2021, Tax Rate fell 4651.0% year-over-year to 24.24%; the trailing twelve-month figure through Jun 2022 stood at 1.31% (down 527.0% YoY), and the FY2020 full-year result was 10.63%, changed N/A from the prior year.
  • Tax Rate fell to 24.24% in Q3 2021, from 6.28% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 22.27% in Q3 2020 to a low of 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.
  • Across the five-year window, Tax Rate jumped 22756 bps in 2018 and plunged 4651 bps in 2021, its largest moves.
  • Tracing YCBD's Tax Rate over 5 years: stood at 2.16% in 2017, then soared by 484 bps to 12.62% in 2018, then tumbled by 265 bps to 20.88% in 2019, then jumped by 84 bps to 3.41% in 2020, then slumped by 610 bps to 24.24% in 2021.
  • Business Quant data shows YCBD's Tax Rate at 24.24% in Q3 2021, 6.28% in Q2 2021, and 4.11% in Q1 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Haleon 88.07 Bn 86.20 Bn - -
2 Teva Pharmaceutical Industries 35.75 Bn 32.01 Bn 1.97 Bn 15.33
3 Zoetis 31.84 Bn 29.90 Bn 1.62 Bn 20.71
4 Takeda Pharmaceutical 27.18 Bn 23.12 Bn 4.39 Bn -23.33
5 United Therapeutics 23.09 Bn 20.93 Bn 648.10 Mn 13.63
6 RedHill Biopharma 21.32 Bn 21.32 Bn - -
7 Viatris 19.96 Bn 18.16 Bn 1.16 Bn 171.33
8 Neurocrine Biosciences 17.66 Bn 16.34 Bn 800.70 Mn 19.81
9 Elanco Animal Health 12.44 Bn 12.02 Bn 785.00 Mn 34.48
10 cbdMD 4.82 Mn 1.43 Mn 3.00 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2021 -24.24
Sep 30, 2021 -24.24
Sep 30, 2021 -24.24
Jun 30, 2021 6.28
Jun 30, 2021 6.28
Jun 30, 2021 6.28
Mar 31, 2021 4.11
Mar 31, 2021 4.11
Mar 31, 2021 4.11
Dec 31, 2020 -3.41
Dec 31, 2020 -3.41
Dec 31, 2020 -3.41
Sep 30, 2020 22.27
Sep 30, 2020 22.27
Sep 30, 2020 22.27
Dec 31, 2019 -20.88
Dec 31, 2019 -20.88
Dec 31, 2019 -20.88
Sep 30, 2019 16.07
Sep 30, 2019 16.07