Healthcare Triangle (HCTI) Tax Rate (2020 - 2024)

Healthcare Triangle (HCTI) has 5 years of Tax Rate data on file, last reported at 0.3% in Q4 2024.

• For the quarter ending Q4 2024, Tax Rate rose 12.0% year-over-year to 0.3%; the trailing twelve-month figure through Dec 2024 stood at 0.2% (up 20.0% YoY), and the FY2024 full-year result was 0.2%, up 20.0% from the prior year.
• Tax Rate slipped to 0.3% in Q4 2024, from 0.16% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 19.48% in Q4 2020 to a low of 18.9% in Q3 2020.
• A 5-year average of 0.54% and a median of 0.29% in 2023 frame the typical range for Tax Rate.
• Peak annual rise in Tax Rate reached 1885 bps in 2021, while the deepest fall reached 2003 bps in 2021.
• Tracing HCTI's Tax Rate over 5 years: stood at 19.48% in 2020, then slumped by 103 bps to 0.55% in 2021, then plunged by 700 bps to 4.43% in 2022, then jumped by 91 bps to 0.42% in 2023, then rose by 29 bps to 0.3% in 2024.
• Business Quant data shows HCTI's Tax Rate at 0.3% in Q4 2024, 0.16% in Q3 2024, and 0.07% in Q2 2024.