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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.25 Bn | 220.40 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 167.33 Bn | 138.41 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 148.83 Bn | 132.65 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 142.00 Bn | 121.55 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 110.70 Bn | 76.57 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 104.72 Bn | 90.84 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 62.66 Bn | 57.67 Bn | 3.85 Bn | 14.62% |
| 8 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 53.56% |
| 9 | Becton Dickinson | 48.51 Bn | 45.66 Bn | 2.32 Bn | 18.41% |
| 10 | KORU Medical Systems | 139.37 Mn | 104.93 Mn | 7.85 Mn | 2.25% |
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% |
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_KEY
import 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();