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 | 234.15 Bn | 230.09 Bn | 8.34 Bn | 8.68% |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | 19.29% |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | 0.45% |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 16.91% |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | 19.93% |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 18.89% |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | 20.38% |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 19.52% |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | 22.59% |
| 10 | MDxHealth | 36.03 Mn | 15.62 Mn | 17.89 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -2.51 |
| Jun 30, 2025 | -2.51 |
| Jun 30, 2025 | -2.51 |
| 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, 2022 | 1.04 |
| Dec 31, 2022 | 1.04 |