CorMedix (CRMD) Tax Rate (2025 - 2026)
CorMedix's Tax Rate was 32.90% in Q2 2026, up 30.34 percentage points from 2.57% a year earlier.
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Analysis
CorMedix (CRMD) Tax Rate (2025 - 2026) Analysis & Trends
On a trailing twelve-month basis, CorMedix's Tax Rate was -0.17% through Jun 30, 2026, down 1.18 percentage points year-over-year; for FY2025, it was -8.69%, down 15.91 percentage points from FY2024.
- Tax Rate shows a five-year change of -27.70 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 7.22% in FY2024, 1.93% in FY2022 (-2.31 pp) and 4.24% in FY2021 (-14.76 pp).
- Quarterly Tax Rate has moved between -106.49% (Q3 2025) and 75.16% (Q4 2025) over five years.
- Compared with a year earlier, Tax Rate was higher in three of the last four quarters, with an average year-over-year change of +0.43 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | - |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | - |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | 20.98% |
| 10 | CorMedix | 615.90 Mn | -36.62 Mn | 77.13 Mn | 32.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.90% |
| Dec 31, 2025 | 75.16% |
| Jun 30, 2025 | 2.57% |
API Access
CorMedix 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=CRMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CRMD", "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=CRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();