Electromed (ELMD) Tax Rate (2010 - 2026)
Electromed (ELMD) posted quarterly Tax Rate of 22.32% for Q1 2026, up 519.0% year-over-year from 3.61% in Q1 2025, and down 14.01% quarter-over-quarter from 25.96% in Q4 2025.
Electromed (ELMD) Tax Rate (2010 - 2026) Analysis & Trends
Electromed (ELMD) has reported Tax Rate for 17 consecutive years, with 22.32% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 519.0% year-over-year to 22.32%; the TTM figure through Mar 2026 stood at 5.62% (down 404.0% YoY), while the FY2025 annual figure was 0.39%, down 486.0% from the prior year.
- Tax Rate declined to 22.32% in Q1 2026 per ELMD's latest filing, from 25.96% in the prior quarter.
- Across five years, Tax Rate topped out at 121.24% in Q2 2022 and bottomed at 68.75% in Q3 2022.
- Historically, Tax Rate has averaged 14.33% across 5 years, with a median of 23.82% in 2025.
- Annual changes were most pronounced in 2022 — Tax Rate sank 8849 bps — and 2023, when it surged 9797 bps.
- Electromed's Tax Rate stood at 0.08% in 2022, then slumped by 46 bps to 0.04% in 2023, then surged by 63472 bps to 26.95% in 2024, then declined by 4 bps to 25.96% in 2025, then declined by 14 bps to 22.32% in 2026.
- Business Quant data shows ELMD's Tax Rate at 22.32% in Q1 2026, 25.96% in Q4 2025, and 23.82% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.49 Bn | 193.88 Bn | 7.27 Bn | 39.11% |
| 2 | Stryker | 127.80 Bn | 124.32 Bn | 4.50 Bn | 18.41% |
| 3 | Medtronic | 118.98 Bn | 109.76 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 73.58 Bn | 73.04 Bn | 3.85 Bn | 14.62% |
| 5 | Edwards Lifesciences | 51.93 Bn | 47.68 Bn | 1.35 Bn | 53.56% |
| 6 | Dexcom | 34.34 Bn | 32.39 Bn | 830.00 Mn | 21.54% |
| 7 | GE HealthCare Technologies | 33.76 Bn | 31.66 Bn | 2.18 Bn | 17.17% |
| 8 | Koninklijke Philips | 26.37 Bn | 23.05 Bn | 4.55 Bn | -21.74% |
| 9 | Steris | 23.07 Bn | 22.59 Bn | 684.20 Mn | 26.51% |
| 10 | Electromed | 329.52 Mn | 312.53 Mn | 14.64 Mn | 22.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |