Growth Metrics

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

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DateValue
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