Elite Health Systems (EHSI) Tax Rate (2012 - 2024)
Elite Health Systems (EHSI) reported Tax Rate of 34.32% for Q1 2024, up 486.15% quarter-over-quarter from 5.85% in Q4 2022.
Elite Health Systems (EHSI) Tax Rate (2012 - 2024) Analysis & Trends
Elite Health Systems (EHSI) has 12 years of Tax Rate data on file, last reported at 34.32% in Q1 2024.
- Tax Rate for Q1 2024 came in at 34.32%, changed N/A year-over-year; the trailing twelve-month figure through Dec 2024 was 7.34% (changed N/A YoY), and the FY2024 annual result was 7.35%, changed N/A from the prior year.
- Tax Rate climbed to 34.32% in Q1 2024 per EHSI's latest filing, from 5.85% in the prior quarter.
- Over five years, Tax Rate peaked at 108.15% in Q1 2020 and troughed at 60.26% in Q2 2021.
- A 4-year average of 20.1% and a median of 21.28% in 2021 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2020 and 2021: Tax Rate jumped 17618 bps in 2020, then slumped 8526 bps in 2021.
- A 4-year view of Tax Rate shows it stood at 54.01% in 2020, then tumbled by 61 bps to 21.28% in 2021, then tumbled by 72 bps to 5.85% in 2022, then surged by 486 bps to 34.32% in 2024.
- Business Quant data shows EHSI's Tax Rate at 34.32% in Q1 2024, 5.85% in Q4 2022, and 0.27% in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 18.80 |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 19.96 |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 19.40 |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 19.54 |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 22.41 |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 23.54 |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 88.41 |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 25.37 |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 29.07 |
| 10 | Elite Health Systems | - | - | 117,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |