Verano Holdings (NEOE:VRNO) Tax Rate %: -187.48% (As of Mar. 2026)

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NEOE:VRNO Verano Holdings Corp NEOE:VRNO
72 GF Score
Price C$7.73
GF Value C$11.27
Valuation Possible Value Trap
! 7 Warning Signs
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What is Verano Holdings Tax Rate %?

Verano Holdings NEOE:VRNO +7.66% 72 Tax Rate % is -187.48% as of Mar. 2026. GuruFocus rates NEOE:VRNO with a GF Score™ of 72/100 and a GF Value™ of C$11.27 (Possible Value Trap). The stock has 7 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Verano Holdings's Tax Expense for the three months ended in Mar. 2026 was C$16 Mil. Verano Holdings's Pre-Tax Income for the three months ended in Mar. 2026 was C$-9 Mil. Therefore, Verano Holdings's Tax Rate % for the quarter that ended in Mar. 2026 was -187.48%.

Verano Holdings Tax Rate % Related Terms

Verano Holdings Tax Rate % Historical Data

* Premium members only.

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.

Verano Holdings Tax Rate % Chart

Verano Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial 212.26 -64.55 522.14 -13.99 -55.15

Verano Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 297.39 219.67 -184.79 -6.22 -187.48
NEOE:VRNO
72GF Score
Verano Holdings Corp NEOE:VRNO
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=126.47/-229.314
=-55.15 %

Verano Holdings's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=15.947/-8.506
=-187.48 %

* 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 -187.48% mean?
Verano Holdings (NEOE:VRNO) has a Tax Rate % of -187.48% as of Mar. 2026.
Is Verano Holdings' Tax Rate % too high?
Verano Holdings' current Tax Rate % is -187.48%. Overall, Verano Holdings has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Verano Holdings' Tax Rate % compare to ZTS?
Verano Holdings' Tax Rate % of -187.48% can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Tax Rate % depends on the Drug Manufacturers 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. Verano Holdings's current Tax Rate % is -187.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verano Holdings stock overvalued right now?
Based on GuruFocus' analysis, Verano Holdings (NEOE:VRNO) is currently considered Possible Value Trap. The stock's GF Value™ is C$11.27, compared to a current price of C$7.73 — trading 31.4% below its estimated fair value. The current Tax Rate % is -187.48%. Verano Holdings' overall GF Score™ is 72/100 with 7 warning signs to review. 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 Verano Holdings (NEOE:VRNO), the current Tax Rate % is -187.48% as of Mar. 2026. 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.

Is Verano Holdings (NEOE:VRNO) Overvalued in 2026?

Based on GuruFocus' analysis, Verano Holdings stock appears to be undervalued. The current stock price of C$7.73 is trading 31.4% below its estimated GF Value™ of C$11.27. GuruFocus considers Verano Holdings to be Possible Value Trap.

Key valuation signals for NEOE:VRNO:

  • Tax Rate %: -187.48%
  • GF Value™: C$11.27 vs. price of C$7.73 (31.4% below fair value)
  • GF Score™: 72/100 with 7 warning signs

No single metric tells the full story. See the NEOE:VRNO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Verano Holdings Business Description

Other Exchanges VRNOD:USAH7P0:Germany
Address 224 West Hill Street, Suite 400, Chicago, IL, USA, 60610
Verano Holdings Corp is a vertically integrated, multi-state cannabis operator in the United States. The company operates through cultivation (wholesale) and retail segments. Its consumer brands include Encore, Avexia, MUV, Savvy, BITS, and Verano, while its retail dispensaries operate under brands such as Zen Leaf and MUV. The company derives the majority of its revenue from the retail segment.
72GF Score

Get the complete analysis for NEOE:VRNO

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$7.73
Price
C$11.27
GF Value