KORU Medical Systems (KRMD) Tax Rate (2010 - 2026)
KORU Medical Systems' Tax Rate was 2.25% in Q2 2026, up 11.40 percentage points from -9.16% a year earlier.
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Analysis
KORU Medical Systems (KRMD) Tax Rate (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, KORU Medical Systems' Tax Rate was -0.57% through Jun 30, 2026, up 114.28 percentage points year-over-year; for FY2025, it was -0.84%, down 0.79 percentage points from FY2024.
- Tax Rate shows a five-year change of +0.65 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was -0.05% in FY2024 (+40.55 pp), -40.59% in FY2023 (-59.46 pp), 18.87% in FY2022 (-9.44 pp) and 28.31% in FY2021 (+29.80 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q3 2023.
- The best year-over-year quarter for Tax Rate over five years was Q4 2021 (a gain of 52.63 percentage points); the worst was Q4 2023 (a drop of 287.46 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 14.62% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 53.56% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 18.41% |
| 10 | KORU Medical Systems | 135.22 Mn | 100.78 Mn | 7.85 Mn | 2.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.25% |
| Sep 30, 2020 | 36.52% |
| Mar 31, 2020 | 24.00% |
| May 31, 2014 | 35.26% |
| Feb 28, 2014 | 26.74% |
| Nov 30, 2013 | 34.08% |
| Aug 31, 2013 | 34.24% |
| May 31, 2013 | 34.29% |
| Feb 28, 2013 | 19.15% |
| Nov 30, 2012 | 34.28% |
| Aug 31, 2012 | 34.14% |
| May 31, 2012 | 34.36% |
| Feb 29, 2012 | 27.02% |
| Nov 30, 2011 | 41.10% |
| Aug 31, 2011 | 40.17% |
| May 31, 2011 | 41.64% |
| Feb 28, 2011 | 40.87% |
| Nov 30, 2010 | 41.10% |
| Aug 31, 2010 | 40.95% |
API Access
KORU Medical Systems Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=KRMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "KRMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=KRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();