Mimedx (MDXG) Tax Rate (2014 - 2025)
Mimedx's Tax Rate came in at 16.54% for Q2 2026, down 9.52 percentage points from 26.06% a year earlier and down 12.63 percentage points from the prior quarter.
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Analysis
Mimedx (MDXG) Tax Rate (2014 - 2025) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Mimedx reported Tax Rate of 45.90%, up 18.06 percentage points year-over-year; for FY2025, it came in at 26.69%, down 0.01 percentage points from FY2024.
- Tax Rate carries a five-year change of +6.77 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 26.70% in FY2024 (+146.85 pp), -120.15% in FY2023 (-119.11 pp), -1.04% in FY2022 (+1.01 pp) and -2.05% in FY2021 (-21.97 pp).
- The Q2 2026 figure represents the lowest quarterly Tax Rate since Q4 2023.
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +40.05 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2024 (a gain of 302.51 percentage points), and the weakest in Q4 2023 (a drop of 268.92 percentage points).
- Business Quant data shows MDXG's Tax Rate at 29.16% (Q1 2026), 30.30% (Q4 2025) and 26.70% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.06 Bn | 229.21 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 177.62 Bn | 148.71 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 161.58 Bn | 145.40 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 153.84 Bn | 134.26 Bn | 2.08 Bn | 21.54% |
| 5 | Medtronic | 123.63 Bn | 89.50 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 117.79 Bn | 103.90 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 66.71 Bn | 61.72 Bn | 3.85 Bn | 14.62% |
| 8 | Becton Dickinson | 54.60 Bn | 51.75 Bn | 2.32 Bn | 18.41% |
| 9 | Edwards Lifesciences | 51.95 Bn | 36.07 Bn | 1.35 Bn | 53.56% |
| 10 | Mimedx | 572.70 Mn | -31.12 Mn | 44.38 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 30.30% |
| Sep 30, 2025 | 26.70% |
| Jun 30, 2025 | 26.06% |
| Mar 31, 2025 | 18.45% |
| Dec 31, 2024 | 33.88% |
| Sep 30, 2024 | 31.01% |
| Jun 30, 2024 | 24.10% |
| Mar 31, 2024 | 20.58% |
| Sep 30, 2023 | 6.27% |
| Dec 31, 2022 | 0.28% |
| Sep 30, 2018 | 137.71% |
| Dec 31, 2017 | 50.43% |
| Jun 30, 2017 | 13.87% |
| Mar 31, 2017 | 4.64% |
| Sep 30, 2016 | 28.05% |
| Jun 30, 2016 | 42.75% |
| Mar 31, 2016 | 15.17% |
| Sep 30, 2015 | 2.36% |
| Jun 30, 2015 | 3.94% |
| Mar 31, 2015 | 3.45% |
API Access
Mimedx 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=MDXG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MDXG", "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=MDXG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();