Healthcare Triangle (HCTI) Tax Rate (2020 - 2024)
Healthcare Triangle filings provide 5 years of Tax Rate readings, the most recent being 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 reached 0.3% in Q4 2024 per HCTI's latest filing, down from 0.16% in the prior quarter.
- The five-year high for Tax Rate was 19.48% in Q4 2020, with the low at 18.9% in Q3 2020.
- A 5-year average of 0.79% and a median of 0.29% in 2023 define the central range for Tax Rate.
- Peak annual rise in Tax Rate hit 1885bps in 2021, while the deepest fall reached -2003bps in 2021.
- Year by year, Tax Rate stood at 19.48% in 2020, then crashed by -103bps to 0.55% in 2021, then crashed by -700bps to 4.43% in 2022, then surged by 91bps to 0.42% in 2023, then grew by 29bps to 0.3% in 2024.
- Per Business Quant, the three most recent readings for HCTI's Tax Rate are 0.3% (Q4 2024), 0.16% (Q3 2024), and 0.07% (Q2 2024).