INVO Fertility (IVF) Tax Rate (2019 - 2024)
INVO Fertility (IVF) posted quarterly Tax Rate of 1.76% for Q4 2024, down 210.0% year-over-year from 1.6% in Q1 2024, and up 3.58% quarter-over-quarter from 1.83% in Q3 2024.
INVO Fertility (IVF) Tax Rate (2019 - 2024) Analysis & Trends
INVO Fertility (IVF) has reported Tax Rate for 5 consecutive years, with 1.76% the latest figure, recorded in Q4 2024.
- In Q4 2024, Tax Rate fell 210.0% year-over-year to 1.76%; the TTM figure through Dec 2024 stood at 1.05% (down 105.0% YoY), while the FY2024 annual figure was 1.05%, down 108.0% from the prior year.
- Tax Rate rose to 1.76% in Q4 2024 per IVF's latest filing, from 1.83% in the prior quarter.
- Across five years, Tax Rate topped out at 0.34% in Q4 2023 and bottomed at 1.83% in Q3 2024.
- Historically, Tax Rate has averaged 0.42% across 4 years, with a median of 0.12% in 2024.
- Annual changes were most pronounced in 2020 — Tax Rate sank 382 bps — and 2023, when it soared 40 bps.
- INVO Fertility's Tax Rate stood at 0.0% in 2020, then plunged by 6626 bps to 0.06% in 2022, then surged by 634 bps to 0.34% in 2023, then tumbled by 618 bps to 1.76% in 2024.
- Business Quant data shows IVF's Tax Rate at 1.76% in Q4 2024, 1.83% in Q3 2024, and 0.12% in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.20 Bn | 194.60 Bn | 7.27 Bn | 39.11% |
| 2 | Stryker | 129.69 Bn | 126.21 Bn | 4.50 Bn | 18.41% |
| 3 | Medtronic | 120.14 Bn | 110.92 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 74.16 Bn | 73.62 Bn | 3.85 Bn | 14.62% |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn | 53.56% |
| 6 | Dexcom | 34.57 Bn | 32.62 Bn | 830.00 Mn | 21.54% |
| 7 | GE HealthCare Technologies | 34.09 Bn | 31.98 Bn | 2.18 Bn | 17.17% |
| 8 | Koninklijke Philips | 26.49 Bn | 23.17 Bn | 4.55 Bn | -21.74% |
| 9 | Steris | 23.19 Bn | 22.70 Bn | 684.20 Mn | 26.51% |
| 10 | INVO Fertility | 2.46 Mn | 2.46 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -1.76% |
| Dec 31, 2024 | -1.76% |
| Dec 31, 2024 | -1.76% |
| Sep 30, 2024 | -1.83% |
| Sep 30, 2024 | -1.83% |
| Sep 30, 2024 | -1.83% |
| Mar 31, 2024 | -0.12% |
| Mar 31, 2024 | -0.12% |
| Mar 31, 2024 | -0.12% |
| Dec 31, 2023 | 0.34% |
| Dec 31, 2023 | 0.34% |
| Dec 31, 2023 | 0.34% |
| Sep 30, 2023 | -0.15% |
| Sep 30, 2023 | -0.15% |
| Sep 30, 2023 | -0.15% |
| Jun 30, 2023 | -0.13% |
| Jun 30, 2023 | -0.13% |
| Jun 30, 2023 | -0.13% |
| Dec 31, 2022 | -0.06% |
| Dec 31, 2022 | -0.06% |