Electromed (ELMD) Tax Rate (2010 - 2026)
Electromed's (ELMD) quarterly Tax Rate came in at 14.14% in Q2 2026, down 2621.0% year-over-year from 0.56% in Q2 2025, and down 36.67% quarter-over-quarter from 22.32% in Q1 2026.
Analysis
Electromed (ELMD) Tax Rate (2010 - 2026) Analysis & Trends
Electromed (ELMD) has reported Tax Rate for 17 consecutive years, with 14.14% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 2621.0% year-over-year to 14.14% in Q2 2026; TTM through Jun 2026 was 21.3%, a 842.0% decrease from a year earlier, with the FY2026 full-year figure at 21.3%, down 842.0% from the prior year.
- Tax Rate was 14.14% for Q2 2026 at Electromed, down from 22.32% in the prior quarter.
- Over five years, Tax Rate peaked at 121.24% in Q2 2022 and troughed at 68.75% in Q3 2022.
- A 5-year average of 26.96% and a median of 25.87% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate slumped 8849 bps in 2022 and jumped 9797 bps in 2023, its largest moves.
- Over 5 years, Tax Rate stood at 23.73% in 2022, then increased by 22 bps to 29.04% in 2023, then fell by 7 bps to 26.95% in 2024, then slipped by 4 bps to 25.96% in 2025, then sank by 46 bps to 14.14% in 2026.
- The last three Tax Rate figures came in at 14.14% (Q2 2026), 22.32% (Q1 2026), and 25.96% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 39.11% |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 21.94% |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 16.34% |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 18.41% |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 14.62% |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 53.56% |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | -100.00% |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 21.54% |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 26.51% |
| 10 | Electromed | 222.94 Mn | 202.49 Mn | 15.28 Mn | 14.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.14% |
| Mar 31, 2026 | 22.32% |
| Dec 31, 2025 | 25.96% |
| Sep 30, 2025 | 23.82% |
| Jun 30, 2025 | 40.35% |
| Mar 31, 2025 | 17.13% |
| Dec 31, 2024 | 26.95% |
| Sep 30, 2024 | 30.90% |
| Jun 30, 2024 | 49.66% |
| Mar 31, 2024 | 23.87% |
| Dec 31, 2023 | 29.04% |
| Sep 30, 2023 | 29.22% |
| Jun 30, 2023 | 35.50% |
| Mar 31, 2023 | 14.40% |
| Dec 31, 2022 | 23.73% |
| Sep 30, 2022 | -68.75% |
| Jun 30, 2022 | 121.24% |
| Mar 31, 2022 | 25.78% |
| Dec 31, 2021 | 22.55% |
| Sep 30, 2021 | 19.74% |