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
DateValue
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%