Envoy Medical (COCH) Tax Rate (2022 - 2023)
Envoy Medical's Tax Rate was -11.92% in Q2 2023, down 15.31 percentage points from 3.39% a year earlier and down 65.89 percentage points from the prior quarter.
Envoy Medical (COCH) Tax Rate (2022 - 2023) Analysis & Trends
On a trailing twelve-month basis, Envoy Medical's Tax Rate was 41.95% through Jun 30, 2023, up 41.29 percentage points year-over-year; for FY2022, it came in at 7.24%.
- Quarterly Tax Rate has moved between -74.78% (Q4 2022) and 53.97% (Q1 2023) over five years.
- Per Business Quant data, COCH's Tax Rate in the three quarters before Q2 2023 was 53.97% (Q1 2023), -74.78% (Q4 2022) and 8.58% (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 14.62% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 53.56% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 18.41% |
| 10 | Envoy Medical | 70.75 Mn | 18.52 Mn | -227,000.00 | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 53.97% |
| Sep 30, 2022 | 8.58% |
| Jun 30, 2022 | 3.39% |
Envoy Medical Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=COCH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "COCH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=COCH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();