Envoy Medical (COCH) Tax Rate (2022 - 2023)
Envoy Medical recorded quarterly Tax Rate of 11.92% in Q2 2023, down 122.09% quarter-over-quarter from 53.97% in Q1 2023, and down 1531.0% year-over-year from 0.83% in Q2 2022.
Envoy Medical's Tax Rate history runs 2 years deep, the most recent figure standing at 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 36.14% (up 3549.0% YoY), while the FY2022 annual figure was 5.67%, 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 46.43% in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 25.67 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 12.35 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 18.09 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | -15.15 |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 17.06 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -23.16 |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 25.97 |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 18.61 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 27.65 |
| 10 | Envoy Medical | 48.11 Mn | 22.86 Mn | -274,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | -11.92 |
| Jun 30, 2023 | -11.92 |
| Mar 31, 2023 | 53.97 |
| Mar 31, 2023 | 53.97 |
| Dec 31, 2022 | -46.43 |
| Dec 31, 2022 | -46.43 |
| Sep 30, 2022 | 8.58 |
| Sep 30, 2022 | 8.58 |
| Jun 30, 2022 | 3.39 |
| Jun 30, 2022 | 3.39 |