Company / Income Tax
Driven Brands Holdings Inc. Income Tax History
FY2019-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
-$25.1M
FY2024
5-year range
-$102.7M / $25.4M
FY2020-FY2024
Trend
+75.5%
vs FY2023
Sector context
#331 of 346
Industrials
What the data says
Among 346 Industrials companies, Driven Brands Holdings Inc. is in the top 4% for income tax. Income Tax returned to growth in FY2024 after 2 years of decline, reaching -$25M.
Based on SEC 10-K filings.
-$25M in FY2024.
Improved from $25M to -$25M over the past 2 years.
Industrials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 4% in IndustrialsTop 4% of 346This company -$25.1M Sector average $126.5M
▼
-119.9% below sector average
Key checks
Key Insights
- In FY2024, income tax increased 75.5% year-over-year.
- Ranks #331 out of 346 companies in the Industrials sector.
- Peak income tax was recorded in FY2021.
- Lowest income tax in the period was in FY2023.
Company context
Key Data Points
- Altman Z-Score 0.28 (distress zone, below 1.8 threshold)
- Negative profit margin: -12.5%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | -$25.1M | +75.5% |
| FY2023 | -$102.7M | -508.0% |
| FY2022 | $25.2M | -0.7% |
| FY2021 | $25.4M | +123.0% |
| FY2020 | $11.4M | +135.4% |
| FY2019 | $4.8M | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026