Elutia (ELUT) Tax Rate (2024)
Elutia (ELUT) reported Tax Rate of -0.10% for Q2 2026, up 0.01 percentage points from -0.11% a year earlier and up 0.79 percentage points from the prior quarter.
Elutia (ELUT) Tax Rate (2024) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Elutia's Tax Rate came in at -0.33%, down 0.13 percentage points year-over-year; for FY2025, it was -0.08%, down 0.07 percentage points from FY2024.
- Tax Rate has a five-year change of +0.04 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at -0.02% in FY2024 (+0.05 pp), -0.07% in FY2023 (+0.03 pp), -0.09% in FY2022 (+0.13 pp) and -0.22% in FY2021 (-0.10 pp).
- Five-year quarterly Tax Rate spans a low of -2.13% in Q3 2025 and a high of 0.24% in Q3 2024.
- Year over year, Tax Rate gained in three of the last eight quarters, with an average year-over-year change of -0.36 percentage points.
- The high point for year-over-year Tax Rate in five years was Q2 2022 (a gain of 0.63 percentage points); the low point was Q3 2025 (a drop of 2.37 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -0.89% (Q1 2026), 0.17% (Q4 2025) and -2.13% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 14.62% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 53.56% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 18.41% |
| 10 | Elutia | 34.99 Mn | -54.47 Mn | 1.45 Mn | - |
Elutia Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=ELUT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "ELUT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=ELUT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();