Modular Medical (MODD) Tax Rate (2020 - 2025)
Modular Medical (MODD) reported Tax Rate of 0.03% for Q3 2025, up 1.0% on a YoY basis from 0.03% in Q3 2024, and up 36.39% quarter-over-quarter from 0.04% in Q3 2024.
Modular Medical (MODD) Tax Rate (2020 - 2025) Analysis & Trends
Modular Medical has reported Tax Rate for 6 years, with the latest figure at 0.03% in Q3 2025.
- For the quarter ending Q3 2025, Tax Rate rose 1.0% year-over-year to 0.03%; the trailing twelve-month figure through Dec 2025 stood at 0.01% (changed 0.0% YoY), and the FY2025 full-year result was 0.01%, changed 0.0% from the prior year.
- Tax Rate for Q3 2025 stood at 0.03%, up from 0.04% in the prior quarter.
- The five-year high for Tax Rate was 0.03% in Q3 2025, with the low at 0.06% in Q3 2022.
- Historically, Tax Rate has averaged 0.04% across 5 years, with a median of 0.04% in 2024.
- Annual changes were most pronounced in 2021 — Tax Rate grew 5 bps — and 2022, when it fell 2 bps.
- Modular Medical's Tax Rate stood at 0.04% in 2021, then tumbled by 59 bps to 0.06% in 2022, then rose by 18 bps to 0.05% in 2023, then gained by 16 bps to 0.04% in 2024, then soared by 36 bps to 0.03% in 2025.
- The last three Tax Rate figures came in at 0.03% (Q3 2025), 0.04% (Q3 2024), and 0.05% (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.92 Bn | 146.27 Bn | 6.27 Bn | 25.67% |
| 2 | Stryker | 119.50 Bn | 116.62 Bn | 3.81 Bn | 12.35% |
| 3 | Medtronic | 102.71 Bn | 94.54 Bn | 5.76 Bn | 18.09% |
| 4 | Boston Scientific | 69.72 Bn | 68.51 Bn | 3.61 Bn | -15.15% |
| 5 | Edwards Lifesciences | 49.24 Bn | 45.57 Bn | 1.29 Bn | 17.06% |
| 6 | GE HealthCare Technologies | 29.74 Bn | 27.67 Bn | 1.98 Bn | 18.61% |
| 7 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -23.16% |
| 8 | Dexcom | 28.96 Bn | 27.84 Bn | 750.30 Mn | 25.97% |
| 9 | Steris | 20.31 Bn | 19.88 Bn | 697.10 Mn | 27.65% |
| 10 | Modular Medical | 9.30 Mn | 6.36 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -0.03% |
| Sep 30, 2025 | -0.03% |
| Sep 30, 2024 | -0.04% |
| Sep 30, 2024 | -0.04% |
| Sep 30, 2023 | -0.05% |
| Sep 30, 2023 | -0.05% |
| Sep 30, 2022 | -0.06% |
| Sep 30, 2022 | -0.06% |
| Sep 30, 2021 | -0.04% |
| Sep 30, 2021 | -0.04% |
| Sep 30, 2020 | -0.09% |
| Sep 30, 2020 | -0.09% |