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| 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% |