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

Healthcare Triangle's Tax Rate history runs 5 years deep, the most recent figure standing at 0.3% for Q4 2024.

• In Q4 2024, Tax Rate rose 12.0% year-over-year to 0.3%; the TTM figure through Dec 2024 stood at 0.2% (up 20.0% YoY), while the FY2024 annual figure was 0.2%, up 20.0% from the prior year.
• Tax Rate came in at 0.3% for Q4 2024 at Healthcare Triangle, down from 0.16% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 15.85% in Q4 2020 to a low of 8.1% in Q3 2020.
• A 5-year average of 0.12% and a median of 0.27% in 2023 frame the typical range for Tax Rate.
• On a YoY basis, Tax Rate climbed as much as 805 bps in 2021 and fell as far as 1640 bps in 2021.
• Healthcare Triangle's Tax Rate stood at 15.85% in 2020, then plunged by 103 bps to 0.55% in 2021, then soared by 173 bps to 0.4% in 2022, then slumped by 204 bps to 0.42% in 2023, then advanced by 29 bps to 0.3% in 2024.
• According to Business Quant data, Tax Rate over the past three periods registered 0.3%, 0.16%, and 0.07% for Q4 2024, Q3 2024, and Q2 2024 respectively.

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