FTCHQ (Farfetch) Tax Rate %: 6.50% (As of Jun. 2023)

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FTCHQ Farfetch Ltd FTCHQ
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What is Farfetch Tax Rate %?

Farfetch FTCHQ -90.00% 12 Tax Rate % is 6.50% as of Jun. 2023. GuruFocus rates FTCHQ with a GF Score™ of 12/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Farfetch's Tax Expense for the three months ended in Jun. 2023 was $-20 Mil. Farfetch's Pre-Tax Income for the three months ended in Jun. 2023 was $-301 Mil. Therefore, Farfetch's Tax Rate % for the quarter that ended in Jun. 2023 was 6.50%.

Farfetch Tax Rate % Related Terms

Farfetch Tax Rate % Historical Data

* Premium members only.

The historical data trend for Farfetch'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.

Farfetch Tax Rate % Chart

Farfetch Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tax Rate %
Get a 7-Day Free Trial -1.41 -0.30 0.43 0.20 -1.03

Farfetch Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.08 -0.06 -0.29 12.31 6.50
FTCHQ
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Farfetch Ltd FTCHQ
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Farfetch Tax Rate % Calculation

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

Farfetch's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=-3.523/341.332
=-1.03 %

Farfetch's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2023 )/Pre-Tax Income (Q: Jun. 2023 )
=-19.564/-300.902
=6.50 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 6.50% mean?
Farfetch (FTCHQ) has a Tax Rate % of 6.50% as of Jun. 2023.
Is Farfetch's Tax Rate % too high?
Farfetch's current Tax Rate % is 6.50%. Overall, Farfetch has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Farfetch's Tax Rate % compare to LQDT and FINR?
Farfetch's Tax Rate % of 6.50% can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Retail - Cyclical company?
A good Tax Rate % depends on the Retail - Cyclical industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Farfetch's current Tax Rate % is 6.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farfetch stock overvalued right now?
Farfetch (FTCHQ) has a current Tax Rate % of 6.50%. The current Tax Rate % is 6.50%. Farfetch's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Farfetch (FTCHQ), the current Tax Rate % is 6.50% as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Farfetch Business Description

Address The Bower, 211 Old Street, London, GBR, EC1V 9NR
Farfetch Ltd is an online platform connecting sellers and buyers of personal luxury goods. It was founded in 2008. The company partners with over 1,000 luxury goods sellers to offer their inventory on the platform. When making the retailers' stock available to almost a million active customers, the company charges a cut of over 30% (third-party take rate). The company operates digital marketplace platform Farfetch, Browns stores, acquired branded company New Guard Group and Farfetch solutions, powering e-commerce operations of luxury brands.
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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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