Electromed (ELMD) Tax Rate (2010 - 2026)

Electromed's (ELMD) quarterly Tax Rate came in at 22.32% in Q1 2026, up 519.0% year-on-year from 3.61% in Q1 2025, and down 14.01% on a QoQ basis from 25.96% in Q4 2025.

Electromed (ELMD) Tax Rate (2010 - 2026) Analysis & Trends

Electromed (ELMD) has 17 years of Tax Rate data on file, last reported at 22.32% in Q1 2026.

  • On a quarterly basis, Tax Rate rose 519.0% year-over-year to 22.32% in Q1 2026; TTM through Mar 2026 was 5.62%, a 404.0% decrease from a year earlier, with the FY2025 full-year figure at 0.39%, down 486.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 22.32%, down from 25.96% in the prior quarter.
  • Over the last five years, Tax Rate for ELMD reached as high as 121.24% in Q2 2022 and fell as low as 68.75% in Q3 2022.
  • Historically, Tax Rate has averaged 14.33% across 5 years, with a median of 23.82% in 2025.
  • Across the five-year window, Tax Rate tumbled 8849 bps in 2022 and soared 9797 bps in 2023, its largest moves.
  • Year by year, Tax Rate stood at 0.08% in 2022, then slumped by 46 bps to 0.04% in 2023, then jumped by 63472 bps to 26.95% in 2024, then retreated by 4 bps to 25.96% in 2025, then retreated by 14 bps to 22.32% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 22.32% in Q1 2026, 25.96% in Q4 2025, and 23.82% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 25.67%
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 12.35%
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 31.35%
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn -15.15%
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 17.06%
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 25.97%
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -23.16%
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 18.61%
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Electromed 313.26 Mn 296.27 Mn 14.64 Mn 22.32%

Historic Data

Download Data
DateValue
Mar 31, 2026 22.32%
Mar 31, 2026 22.32%
Mar 31, 2026 22.32%
Dec 31, 2025 25.96%
Dec 31, 2025 25.96%
Dec 31, 2025 25.96%
Sep 30, 2025 23.82%
Sep 30, 2025 23.82%
Sep 30, 2025 23.82%
Jun 30, 2025 -54.68%
Jun 30, 2025 -54.68%
Jun 30, 2025 -54.68%
Mar 31, 2025 17.13%
Mar 31, 2025 17.13%
Mar 31, 2025 17.13%
Dec 31, 2024 26.95%
Dec 31, 2024 26.95%
Dec 31, 2024 26.95%
Sep 30, 2024 30.90%
Sep 30, 2024 30.90%