Growth Metrics

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

Healthcare Triangle's Tax Rate history spans 5 years, with the latest figure at 0.3% for Q4 2024.

  • On a quarterly basis, Tax Rate rose 12.0% to 0.3% in Q4 2024 year-over-year; TTM through Dec 2024 was 0.2%, a 20.0% increase, with the full-year FY2024 number at 0.2%, up 20.0% from a year prior.
  • Tax Rate hit 0.3% in Q4 2024 for Healthcare Triangle, down from 0.16% in the prior quarter.
  • Over the last five years, Tax Rate for HCTI hit a ceiling of 19.48% in Q4 2020 and a floor of 18.9% in Q3 2020.
  • Historically, Tax Rate has averaged 0.79% across 5 years, with a median of 0.29% in 2023.
  • The widest YoY moves for Tax Rate: up 1885bps in 2021, down -2003bps in 2021.
  • Tracing HCTI's Tax Rate over 5 years: stood at 19.48% in 2020, then plummeted by -103bps to 0.55% in 2021, then plummeted by -700bps to 4.43% in 2022, then soared by 91bps to 0.42% in 2023, then increased by 29bps to 0.3% in 2024.
  • Business Quant data shows Tax Rate for HCTI at 0.3% in Q4 2024, 0.16% in Q3 2024, and 0.07% in Q2 2024.