Medinotec (MDNC) Tax Rate (2023 - 2025)
Medinotec's Tax Rate came in at 275.79% for fiscal Q4 2026 (quarter ended Feb 28, 2026), up 342.49 percentage points from -66.70% a year earlier and up 273.30 percentage points from the prior quarter.
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Analysis
Medinotec (MDNC) Tax Rate (2023 - 2025) Analysis & Trends
For FY2026 (ended Feb 28, 2026), Medinotec's Tax Rate was -25.69%, up 2.90 percentage points from FY2025.
- Tax Rate carries a four-year change of -60.08 percentage points (FY2022 to FY2026).
- Going back by fiscal year, Tax Rate was -28.59% in FY2025 (-88.06 pp), 59.47% in FY2024 (+69.37 pp), -9.90% in FY2023 (-44.29 pp) and 34.39% in FY2022.
- The fiscal Q4 2026 figure represents the highest quarterly Tax Rate in data going back to fiscal Q3 2023.
- Year-over-year, Tax Rate increased in six of the last eight quarters, with an average year-over-year change of +66.12 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q4 2026 (a gain of 342.49 percentage points), and the weakest in fiscal Q3 2024 (a drop of 245.55 percentage points).
- Business Quant data shows MDNC's Tax Rate at 2.49% (Q3 2026), 36.13% (Q2 2026) and 56.70% (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 14.62% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 53.56% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 18.41% |
| 10 | Medinotec | 58.78 Mn | 50.33 Mn | 1.31 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Nov 30, 2025 | 2.49% |
| Aug 31, 2025 | 36.13% |
| May 31, 2025 | 56.70% |
| Nov 30, 2024 | 30.94% |
| Aug 31, 2024 | 27.33% |
| May 31, 2024 | 59.28% |
| May 31, 2023 | 9.69% |
API Access
Medinotec 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=MDNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MDNC", "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=MDNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();