Hydrofarm Income Tax Expense from 2010 to 2024

HYFM Stock  USD 0.73  0.09  14.06%   
Hydrofarm Holdings Income Tax Expense yearly trend continues to be very stable with very little volatility. Income Tax Expense is likely to drop to about -223.7 K. During the period from 2010 to 2024, Hydrofarm Holdings Income Tax Expense quarterly data regression pattern had sample variance of 25.5 T and median of (180,000). View All Fundamentals
 
Income Tax Expense  
First Reported
2019-09-30
Previous Quarter
390 K
Current Value
-279 K
Quarterly Volatility
4.8 M
 
Covid
Check Hydrofarm Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hydrofarm Holdings' main balance sheet or income statement drivers, such as Interest Expense of 10 M, Other Operating Expenses of 314.5 M or Depreciation And Amortization of 23.8 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0016 or PTB Ratio of 0.14. Hydrofarm financial statements analysis is a perfect complement when working with Hydrofarm Holdings Valuation or Volatility modules.
  
Check out the analysis of Hydrofarm Holdings Correlation against competitors.

Latest Hydrofarm Holdings' Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Hydrofarm Holdings Group over the last few years. It is Hydrofarm Holdings' Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hydrofarm Holdings' overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Hydrofarm Income Tax Expense Regression Statistics

Arithmetic Mean(1,864,577)
Geometric Mean398,705
Coefficient Of Variation(270.79)
Mean Deviation2,913,446
Median(180,000)
Standard Deviation5,049,107
Sample Variance25.5T
Range19.7M
R-Value(0.34)
Mean Square Error24.3T
R-Squared0.11
Significance0.22
Slope(380,777)
Total Sum of Squares356.9T

Hydrofarm Income Tax Expense History

2024-223.7 K
2023-213 K
2022-6.4 M
2021-19.1 M
2020576 K
2019-691 K
2018-397 K

About Hydrofarm Holdings Financial Statements

Hydrofarm Holdings investors utilize fundamental indicators, such as Income Tax Expense, to predict how Hydrofarm Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense-213 K-223.7 K

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Hydrofarm Holdings is a strong investment it is important to analyze Hydrofarm Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hydrofarm Holdings' future performance. For an informed investment choice regarding Hydrofarm Stock, refer to the following important reports:
Check out the analysis of Hydrofarm Holdings Correlation against competitors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hydrofarm Holdings. If investors know Hydrofarm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hydrofarm Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.625
Earnings Share
(1.40)
Revenue Per Share
4.361
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.04)
The market value of Hydrofarm Holdings is measured differently than its book value, which is the value of Hydrofarm that is recorded on the company's balance sheet. Investors also form their own opinion of Hydrofarm Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hydrofarm Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hydrofarm Holdings' market value can be influenced by many factors that don't directly affect Hydrofarm Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hydrofarm Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hydrofarm Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hydrofarm Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.