INVO Fertility (IVF) Tax Rate (2019 - 2024)
INVO Fertility's (IVF) quarterly Tax Rate came in at 1.76% in Q4 2024, down 210.0% year-on-year from 1.6% in Q1 2024, and up 3.58% on a QoQ basis from 1.83% in Q3 2024.
INVO Fertility (IVF) Tax Rate (2019 - 2024) Analysis & Trends
INVO Fertility (IVF) has 5 years of Tax Rate data on file, last reported at 1.76% in Q4 2024.
- On a quarterly basis, Tax Rate fell 210.0% year-over-year to 1.76% in Q4 2024; TTM through Dec 2024 was 1.05%, a 105.0% decrease from a year earlier, with the FY2024 full-year figure at 1.05%, down 108.0% from the prior year.
- Tax Rate for Q4 2024 stood at 1.76%, up from 1.83% in the prior quarter.
- Over the last five years, Tax Rate for IVF reached as high as 0.34% in Q4 2023 and fell as low as 1.83% in Q3 2024.
- Historically, Tax Rate has averaged 0.42% across 4 years, with a median of 0.12% in 2024.
- Across the five-year window, Tax Rate tumbled 382 bps in 2020 and jumped 40 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 0.0% in 2020, then plunged by 6626 bps to 0.06% in 2022, then jumped by 634 bps to 0.34% in 2023, then tumbled by 618 bps to 1.76% in 2024.
- Per Business Quant data, the three most recent Tax Rate figures were 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 | 201.40 Bn | 194.75 Bn | 6.27 Bn | 25.67% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 12.35% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | -15.15% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 17.06% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 25.97% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -23.16% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 18.61% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | INVO Fertility | 1,108.74 | -4.90 Mn | 732,978.00 | - |
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% |