Elite Health Systems (EHSI) Tax Rate (2012 - 2024)

Elite Health Systems (EHSI) posted quarterly Tax Rate of 34.32% for Q1 2024, up 486.15% sequentially from 5.85% in Q4 2022.

Elite Health Systems (EHSI) Tax Rate (2012 - 2024) Analysis & Trends

Elite Health Systems has disclosed Tax Rate across 12 years of filings, most recently posting 34.32% for Q1 2024.

  • In Q1 2024, Tax Rate changed N/A year-over-year to 34.32%; the TTM figure through Dec 2024 stood at 7.34% (changed N/A YoY), while the FY2024 annual figure was 7.35%, changed N/A from the prior year.
  • Tax Rate rose to 34.32% in Q1 2024, from 5.85% in the prior quarter.
  • Over the last five years, Tax Rate for EHSI reached as high as 108.15% in Q1 2020 and fell as low as 60.26% in Q2 2021.
  • The 4-year median for Tax Rate is 21.28% (2021), against an average of 20.1%.
  • Annual changes were most pronounced in 2020 — Tax Rate jumped 17618 bps — and 2021, when it plunged 8526 bps.
  • A 4-year view of Tax Rate shows it stood at 54.01% in 2020, then sank by 61 bps to 21.28% in 2021, then sank by 72 bps to 5.85% in 2022, then surged by 486 bps to 34.32% in 2024.
  • According to Business Quant data, Tax Rate over the past three periods registered 34.32%, 5.85%, and 0.27% for Q1 2024, Q4 2022, and Q3 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn 18.80%
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 25.37%
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 19.96%
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 19.40%
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 19.54%
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 22.41%
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 23.54%
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 29.07%
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn 1.00%
10 Elite Health Systems 28.81 Mn 26.20 Mn 117,000.00 -

Historic Data

Download Data
DateValue
Mar 31, 2024 34.32
Mar 31, 2024 34.32
Dec 31, 2022 5.85
Dec 31, 2022 5.85
Sep 30, 2022 -0.27
Sep 30, 2022 -0.27
Jun 30, 2022 -0.08
Jun 30, 2022 -0.08
Mar 31, 2022 0.41
Mar 31, 2022 0.41
Dec 31, 2021 21.28
Dec 31, 2021 21.28
Sep 30, 2021 -4.76
Sep 30, 2021 -4.76
Jun 30, 2021 -60.26
Jun 30, 2021 -60.26
Mar 31, 2021 46.32
Mar 31, 2021 46.32
Dec 31, 2020 54.01
Dec 31, 2020 54.01