MDxHealth (MDXH) Tax Rate (2022 - 2025)

MDxHealth (MDXH) posted Tax Rate of 14.97% for Q4 2025, down 1206.77% sequentially from 1.15% in Q3 2025, and down 1568.0% YoY from 1.02% in Q4 2024.

MDxHealth (MDXH) Tax Rate (2022 - 2025) Analysis & Trends

MDxHealth has reported Tax Rate for 4 years, with the latest figure at 14.97% in Q4 2025.

  • Quarterly Tax Rate fell 1568.0% year-over-year to 14.97% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 3.84% (down 488.0% YoY) and the FY2025 annual result came in at 5.25%, up 626.0% from the prior year.
  • Tax Rate slipped to 14.97% in Q4 2025 per MDXH's latest filing, from 1.15% in the prior quarter.
  • Over five years, Tax Rate peaked at 13.44% in Q2 2025 and troughed at 14.97% in Q4 2025.
  • A 4-year average of 0.45% and a median of 0.36% in 2024 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 70 bps in 2024, then sank 1568 bps in 2025.
  • Over 4 years, Tax Rate stood at 1.04% in 2022, then plunged by 99 bps to 0.01% in 2023, then surged by 7474 bps to 0.71% in 2024, then sank by 2219 bps to 14.97% in 2025.
  • According to Business Quant data, Tax Rate over the past three periods registered 14.97%, 1.15%, and 13.44% for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Thermo Fisher Scientific 213.78 Bn 209.71 Bn 8.34 Bn 8.68%
2 Danaher 139.83 Bn 135.48 Bn 3.61 Bn 19.29%
3 Idexx Laboratories 45.99 Bn 45.79 Bn 779.09 Mn 18.89%
4 Agilent Technologies 39.69 Bn 37.88 Bn 990.00 Mn 16.91%
5 Iqvia Holdings 39.31 Bn 37.23 Bn 1.44 Bn 19.93%
6 Natera 38.74 Bn 37.64 Bn 696.04 Mn -0.35%
7 Illumina 29.94 Bn 28.77 Bn 770.00 Mn 20.38%
8 Mettler Toledo International 28.55 Bn 28.50 Bn 650.22 Mn 19.52%
9 Quest Diagnostics 26.18 Bn 25.55 Bn 1.03 Bn 21.36%
10 MDxHealth 21.74 Mn -21.41 Mn 16.61 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 -14.97%
Dec 31, 2025 -14.97%
Dec 31, 2025 -14.97%
Sep 30, 2025 -1.15%
Sep 30, 2025 -1.15%
Sep 30, 2025 -1.15%
Jun 30, 2025 13.44%
Jun 30, 2025 13.44%
Jun 30, 2025 13.44%
Mar 31, 2025 1.51%
Mar 31, 2025 1.51%
Mar 31, 2025 1.51%
Dec 31, 2024 0.71%
Dec 31, 2024 0.71%
Dec 31, 2024 0.71%
Sep 30, 2024 3.17%
Sep 30, 2024 3.17%
Sep 30, 2024 3.17%
Dec 31, 2023 0.01%
Dec 31, 2023 0.01%