Co-Diagnostics (CODX) Tax Rate (2020 - 2022)
Co-Diagnostics (CODX) reported Tax Rate of 10.58% for Q1 2022, down 9.51 percentage points from 20.09% a year earlier and down 16.22 percentage points from the prior quarter.
Co-Diagnostics (CODX) Tax Rate (2020 - 2022) Analysis & Trends
For FY2021, Co-Diagnostics posted Tax Rate of 19.67%, up 19.46 percentage points from FY2020.
- By year, Tax Rate came in at 0.21% in FY2020.
- Per Business Quant data, the three quarters before Q1 2022 came in at 26.80% (Q4 2021), 15.47% (Q3 2021) and 17.98% (Q2 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 16.86% |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 25.26% |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | - |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | 21.54% |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 24.47% |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 20.87% |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 17.02% |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | 17.62% |
| 10 | Co-Diagnostics | 1.90 Mn | -22.58 Mn | -20,463.00 | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2022 | 10.58% |
| Dec 31, 2021 | 26.80% |
| Sep 30, 2021 | 15.47% |
| Jun 30, 2021 | 17.98% |
| Mar 31, 2021 | 20.09% |
| Dec 31, 2020 | 19.01% |
| Jun 30, 2020 | 92.90% |
Co-Diagnostics 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=CODX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CODX", "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=CODX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();