InMode (INMD) Tax Rate (2019 - 2021)
InMode recorded quarterly Tax Rate of 2.92% in Q4 2021, up 458.68% quarter-over-quarter from 0.52% in Q3 2021, and up 129.0% year-over-year from 1.28% in Q4 2020.
InMode's Tax Rate history runs 3 years deep, the most recent figure standing at 2.92% for Q4 2021.
- In Q4 2021, Tax Rate rose 129.0% year-over-year to 2.92%; the TTM figure through Dec 2021 stood at 1.74% (up 168.0% YoY), while the FY2025 annual figure was 14.95%, up 4131.0% from the prior year.
- Tax Rate came in at 2.92% for Q4 2021 at InMode, up from 0.52% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 2.92% in Q4 2021 to a low of 3.51% in Q2 2020.
- A 3-year average of 0.89% and a median of 1.28% in 2019 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate sank 595 bps in 2020 and surged 599 bps in 2021, its largest moves.
- InMode's Tax Rate stood at 1.28% in 2019, then climbed by 27 bps to 1.63% in 2020, then soared by 79 bps to 2.92% in 2021.
- According to Business Quant data, Tax Rate over the past three periods registered 2.92%, 0.52%, and 2.48% for Q4 2021, Q3 2021, and Q2 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 25.67 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 12.35 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 18.09 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | -15.15 |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 17.06 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -23.16 |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 25.97 |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 18.61 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 27.65 |
| 10 | InMode | 3.41 | -384.57 Mn | 61.55 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 2.92 |
| Dec 31, 2021 | 2.92 |
| Sep 30, 2021 | 0.52 |
| Sep 30, 2021 | 0.52 |
| Jun 30, 2021 | 2.48 |
| Jun 30, 2021 | 2.48 |
| Mar 31, 2021 | 0.26 |
| Mar 31, 2021 | 0.26 |
| Dec 31, 2020 | 1.63 |
| Dec 31, 2020 | 1.63 |
| Sep 30, 2020 | -1.28 |
| Sep 30, 2020 | -1.28 |
| Jun 30, 2020 | -3.51 |
| Jun 30, 2020 | -3.51 |
| Mar 31, 2020 | 1.11 |
| Mar 31, 2020 | 1.11 |
| Dec 31, 2019 | 1.28 |
| Dec 31, 2019 | 1.28 |
| Sep 30, 2019 | 1.94 |
| Sep 30, 2019 | 1.94 |
| Jun 30, 2019 | 2.43 |
| Jun 30, 2019 | 2.43 |