Envoy Medical (COCH) Tax Rate (2022 - 2023)
Envoy Medical's (COCH) quarterly Tax Rate came in at 11.92% in Q2 2023, down 1531.0% year-over-year from 0.83% in Q2 2022, and down 122.09% quarter-over-quarter from 53.97% in Q1 2023.
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Envoy Medical (COCH) Tax Rate (2022 - 2023) Analysis & Trends
Envoy Medical has disclosed Tax Rate across 2 years of filings, most recently posting 11.92% for Q2 2023.
- In Q2 2023, Tax Rate fell 1531.0% year-over-year to 11.92%; the TTM figure through Jun 2023 stood at 41.95% (up 4129.0% YoY), while the FY2022 annual figure was 7.24%, changed N/A from the prior year.
- Tax Rate came in at 11.92% for Q2 2023 at Envoy Medical, down from 53.97% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 53.97% in Q1 2023 to a low of 74.78% in Q4 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 179.79 Bn | 174.18 Bn | 7.27 Bn | 39.11% |
| 2 | Intuitive Surgical | 127.69 Bn | 122.47 Bn | 1.96 Bn | 21.94% |
| 3 | Medtronic | 117.23 Bn | 108.41 Bn | 6.34 Bn | 16.34% |
| 4 | Stryker | 103.55 Bn | 100.07 Bn | 4.50 Bn | 18.41% |
| 5 | Boston Scientific | 63.24 Bn | 62.70 Bn | 3.85 Bn | 14.62% |
| 6 | Edwards Lifesciences | 49.97 Bn | 45.72 Bn | 1.35 Bn | 53.56% |
| 7 | Alcon | 32.83 Bn | 31.37 Bn | 1.68 Bn | -100.00% |
| 8 | Dexcom | 32.30 Bn | 30.35 Bn | 830.00 Mn | 21.54% |
| 9 | Steris | 20.73 Bn | 20.25 Bn | 684.20 Mn | 26.51% |
| 10 | Envoy Medical | 72.94 Mn | 53.26 Mn | -227,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | -11.92% |
| Mar 31, 2023 | 53.97% |
| Dec 31, 2022 | -74.78% |
| Sep 30, 2022 | 8.58% |
| Jun 30, 2022 | 3.39% |