Verano Holdings (Verano Holdings) Tax Rate % : -134.66% (As of Dec. 2023)

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What is Verano Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Verano Holdings's Tax Expense for the three months ended in Dec. 2023 was $44.4 Mil. Verano Holdings's Pre-Tax Income for the three months ended in Dec. 2023 was $-32.9 Mil. Therefore, Verano Holdings's Tax Rate % for the quarter that ended in Dec. 2023 was -134.66%.

Verano Holdings Tax Rate % Historical Data

The historical data trend for Verano Holdings's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Verano Holdings Tax Rate % Chart

Verano Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

4.69

51.30

212.26

-64.55

522.15

Verano Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															0.24	148.40	189.35	165.71	-134.66

Verano Holdings Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Verano Holdings's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	145.146	/	27.798
	=	522.15 %

Verano Holdings's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	44.35	/	-32.936
	=	-134.66 %

Verano Holdings Tax Rate % Related Terms

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Verano Holdings (Verano Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Verano Holdings Corp (OTCPK:VRNOF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

VRNO:Canada

Address

415 North Dearborn Street, 4th Floor, Chicago, IL, USA, 60654

Website

https://www.veranogrown.com

Verano Holdings Corp is a vertically integrated multi?state cannabis operator in the United States. The company derives its revenues from its wholesale business and its retail dispensary chains. The retail business includes the design, build-out and operation of branded dispensaries in both medical and adult-use markets. The company's consumer brands include Encore, Avexia, MÜV, Savvy, BITS and Verano. The company's retail dispensaries operate under brands including Zen Leaf and MÜV.