Milestone Scientific (MLSS) Tax Rate (2015 - 2021)
Milestone Scientific (MLSS) posted Tax Rate of 0.0% for Q2 2021, up 87.4% sequentially from 0.03% in Q1 2021, and up 4.0% YoY from 0.0% in Q2 2020.
Milestone Scientific (MLSS) Tax Rate (2015 - 2021) Analysis & Trends
Milestone Scientific has reported Tax Rate for 7 years, with the latest figure at 0.0% in Q2 2021.
- Quarterly Tax Rate rose 4.0% year-over-year to 0.0% in Q2 2021, while the trailing twelve-month figure through Mar 2022 was 0.0% (up 23.0% YoY) and the FY2025 annual result came in at 0.18%, changed N/A from the prior year.
- Tax Rate climbed to 0.0% in Q2 2021 per MLSS's latest filing, from 0.03% in the prior quarter.
- Over five years, Tax Rate peaked at 0.89% in Q4 2020 and troughed at 26.16% in Q4 2018.
- A 5-year average of 1.77% and a median of 0.16% in 2019 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2018 and 2019: Tax Rate slumped 2612 bps in 2018, then surged 2622 bps in 2019.
- Over 5 years, Tax Rate stood at 0.04% in 2017, then slumped by 60316 bps to 26.16% in 2018, then jumped by 100 bps to 0.06% in 2019, then soared by 1383 bps to 0.89% in 2020, then slumped by 100 bps to 0.0% in 2021.
- According to Business Quant data, Tax Rate over the past three periods registered 0.0%, 0.03%, and 0.89% for Q2 2021, Q1 2021, and Q4 2020 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 132.71 Bn | 127.50 Bn | 1.96 Bn | 21.94% |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn | 18.41% |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn | 100.00% |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn | 19.14% |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn | 40.85% |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn | 17.88% |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn | 13.89% |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | -60.95% |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn | 14.56% |
| 10 | Milestone Scientific | 39.41 Mn | 36.80 Mn | 1.56 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2021 | 0.00% |
| Jun 30, 2021 | 0.00% |
| Jun 30, 2021 | 0.00% |
| Mar 31, 2021 | -0.03% |
| Mar 31, 2021 | -0.03% |
| Mar 31, 2021 | -0.03% |
| Dec 31, 2020 | 0.89% |
| Dec 31, 2020 | 0.89% |
| Dec 31, 2020 | 0.89% |
| Sep 30, 2020 | -1.67% |
| Sep 30, 2020 | -1.67% |
| Sep 30, 2020 | -1.67% |
| Jun 30, 2020 | -0.04% |
| Jun 30, 2020 | -0.04% |
| Jun 30, 2020 | -0.04% |
| Mar 31, 2020 | -0.02% |
| Mar 31, 2020 | -0.02% |
| Mar 31, 2020 | -0.02% |
| Dec 31, 2019 | 0.06% |
| Dec 31, 2019 | 0.06% |