Elite Health Systems (EHSI) Tax Rate (2012 - 2024)
Elite Health Systems (EHSI) posted quarterly Tax Rate of 29.68% for Q4 2024, down 13.52% quarter-over-quarter from 34.32% in Q1 2024.
Analysis
Elite Health Systems (EHSI) Tax Rate (2012 - 2024) Analysis & Trends
Elite Health Systems (EHSI) has reported Tax Rate for 12 consecutive years, with 29.68% the latest figure, recorded in Q4 2024.
- In Q4 2024, Tax Rate changed N/A year-over-year to 29.68%; the TTM figure through Dec 2024 stood at 20.98% (changed N/A YoY), while the FY2024 annual figure was 21.01%, changed N/A from the prior year.
- Tax Rate declined to 29.68% in Q4 2024 per EHSI's latest filing, from 34.32% in the prior quarter.
- Across five years, Tax Rate topped out at 108.15% in Q1 2020 and bottomed at 60.26% in Q2 2021.
- Historically, Tax Rate has averaged 14.81% across 4 years, with a median of 13.57% in 2022.
- On a YoY basis, Tax Rate climbed as much as 7915 bps in 2020 and fell as far as 9612 bps in 2020.
- Elite Health Systems' Tax Rate stood at 29.63% in 2020, then soared by 172 bps to 21.28% in 2021, then plunged by 72 bps to 5.85% in 2022, then surged by 407 bps to 29.68% in 2024.
- Business Quant data shows EHSI's Tax Rate at 29.68% in Q4 2024, 34.32% in Q1 2024, and 5.85% in Q4 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 90.36 Bn | 89.35 Bn | 15.19 Bn | 22.61% |
| 2 | Tenet Healthcare | 22.02 Bn | 19.85 Bn | 4.45 Bn | 22.01% |
| 3 | Encompass Health | 12.13 Bn | 11.99 Bn | 1.34 Bn | 20.49% |
| 4 | Davita | 11.78 Bn | 11.09 Bn | 1.16 Bn | 21.10% |
| 5 | Universal Health Services | 10.09 Bn | 9.95 Bn | 3.29 Bn | 23.91% |
| 6 | Ensign | 9.97 Bn | 9.65 Bn | 306.24 Mn | 25.32% |
| 7 | Chemed | 6.93 Bn | 6.89 Bn | 221.47 Mn | 25.87% |
| 8 | Pacs | 6.81 Bn | 6.64 Bn | 338.46 Mn | 27.86% |
| 9 | Concentra Group Holdings Parent | 4.32 Bn | 4.16 Bn | 192.10 Mn | 24.68% |
| 10 | Elite Health Systems | 25.67 Mn | 24.37 Mn | 168,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 29.68% |
| Mar 31, 2024 | 34.32% |
| Dec 31, 2023 | 567.86% |
| Dec 31, 2022 | -51.27% |
| Sep 30, 2022 | -0.27% |
| Jun 30, 2022 | -0.08% |
| Mar 31, 2022 | 0.41% |
| Dec 31, 2021 | 21.28% |
| Sep 30, 2021 | -4.76% |
| Jun 30, 2021 | -60.26% |
| Mar 31, 2021 | 46.32% |
| Dec 31, 2020 | 54.01% |
| Sep 30, 2020 | 31.38% |
| Jun 30, 2020 | 25.00% |
| Mar 31, 2020 | 108.15% |
| Dec 31, 2019 | -122.16% |
| Sep 30, 2019 | 31.14% |
| Jun 30, 2019 | 29.76% |
| Mar 31, 2019 | 29.01% |
| Dec 31, 2018 | 46.99% |