cbdMD (YCBD) Tax Rate (2016 - 2021)
cbdMD's (YCBD) quarterly Tax Rate came in at 4.12% in Q3 2021, down 1018.0% year-over-year from 0.45% in Q3 2020, and down 34.4% quarter-over-quarter from 6.28% in Q2 2021.
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Analysis
cbdMD (YCBD) Tax Rate (2016 - 2021) Analysis & Trends
cbdMD has disclosed Tax Rate across 6 years of filings, most recently posting 4.12% for Q3 2021.
- In Q3 2021, Tax Rate fell 1018.0% year-over-year to 4.12%; the TTM figure through Jun 2022 stood at 0.22% (down 341.0% YoY), while the FY2021 annual figure was 3.68%, down 695.0% from the prior year.
- Tax Rate came in at 4.12% 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 14.3% in Q3 2020 to a low of 21.96% in Q1 2017.
- Average Tax Rate over 5 years is 1.67%, with a median of 3.88% recorded in 2019.
- Year-over-year, Tax Rate surged 2054 bps in 2018 and plunged 3350 bps in 2019.
- Over 5 years, Tax Rate stood at 2.54% in 2017, then soared by 396 bps to 12.62% in 2018, then plunged by 265 bps to 20.88% in 2019, then surged by 84 bps to 3.41% in 2020, then soared by 221 bps to 4.12% in 2021.
- Per Business Quant data, the three most recent Tax Rate figures were 4.12% in Q3 2021, 6.28% in Q2 2021, and 4.11% in Q1 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.71 Bn | 2.62 Bn | 169.91 Mn | 147.48% |
| 2 | Trulieve Cannabis | 2.13 Bn | 1.80 Bn | 162.29 Mn | -5.73% |
| 3 | Green Thumb Industries | 1.42 Bn | 1.14 Bn | 137.87 Mn | 78.51% |
| 4 | Cronos | 1.24 Bn | 493.69 Mn | 28.45 Mn | 0.14% |
| 5 | Verano Holdings | 878.62 Mn | 791.60 Mn | 99.70 Mn | -27.89% |
| 6 | Glass House Brands | 596.99 Mn | 578.44 Mn | 15.77 Mn | -202.92% |
| 7 | Tilray Brands | 525.42 Mn | 271.32 Mn | 90.52 Mn | 42.30% |
| 8 | Vireo Growth | 517.57 Mn | 375.27 Mn | 95.30 Mn | 140.85% |
| 9 | Canopy Growth | 393.41 Mn | 146.40 Mn | 16.08 Mn | 0.88% |
| 10 | cbdMD | 5.00 Mn | 2.89 Mn | 3.04 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2021 | 4.12% |
| Jun 30, 2021 | 6.28% |
| Mar 31, 2021 | 4.11% |
| Dec 31, 2020 | -3.41% |
| Sep 30, 2020 | 14.30% |
| Dec 31, 2019 | -20.88% |
| Sep 30, 2019 | -0.44% |
| Jun 30, 2019 | 3.88% |
| Mar 31, 2019 | 3.26% |
| Dec 31, 2018 | 12.62% |
| Sep 30, 2018 | 0.22% |
| Jun 30, 2018 | 9.89% |
| Mar 31, 2018 | -1.42% |
| Dec 31, 2017 | 2.54% |
| Sep 30, 2017 | 6.25% |
| Jun 30, 2017 | 8.99% |
| Mar 31, 2017 | -21.96% |
| Dec 31, 2016 | -0.36% |
API Access
cbdMD 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=YCBD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "YCBD", "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=YCBD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();