Myomo (MYO) Tax Rate (2020 - 2025)
Myomo's (MYO) quarterly Tax Rate came in at 3.85% in Q3 2025, up 578.0% on a YoY basis from 0.57% in Q3 2024, and down 16.36% quarter-over-quarter from 3.31% in Q2 2025.
Powered by 
Analysis
Myomo (MYO) Tax Rate (2020 - 2025) Analysis & Trends
Myomo (MYO) has reported Tax Rate for 6 consecutive years, with 3.85% the latest figure, recorded in Q3 2025.
- For the quarter ending Q3 2025, Tax Rate rose 578.0% year-over-year to 3.85%; the trailing twelve-month figure through Sep 2025 stood at 4.04% (down 2.0% YoY), and the FY2024 full-year result was 5.36%, down 357.0% from the prior year.
- Tax Rate fell to 3.85% in Q3 2025 per MYO's latest filing, from 3.31% in the prior quarter.
- Across five years, Tax Rate topped out at 0.98% in Q4 2022 and bottomed at 11.29% in Q2 2024.
- Historically, Tax Rate has averaged 2.8% across 5 years, with a median of 2.19% in 2024.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 1164 bps in 2024, then surged 798 bps in 2025.
- Over 5 years, Tax Rate stood at 0.76% in 2021, then soared by 228 bps to 0.98% in 2022, then tumbled by 332 bps to 2.27% in 2023, then sank by 216 bps to 7.17% in 2024, then surged by 46 bps to 3.85% in 2025.
- According to Business Quant data, Tax Rate over the past three periods registered 3.85%, 3.31%, and 4.11% for Q3 2025, Q2 2025, and Q1 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 187.42 Bn | 182.47 Bn | 7.27 Bn | 39.11% |
| 2 | Intuitive Surgical | 129.78 Bn | 124.69 Bn | 1.96 Bn | 21.94% |
| 3 | Medtronic | 120.53 Bn | 112.33 Bn | 6.34 Bn | 16.34% |
| 4 | Stryker | 116.28 Bn | 112.80 Bn | 4.50 Bn | 18.41% |
| 5 | Boston Scientific | 69.29 Bn | 68.99 Bn | 3.85 Bn | 14.62% |
| 6 | Edwards Lifesciences | 51.83 Bn | 47.68 Bn | 1.35 Bn | 53.56% |
| 7 | Alcon | 34.36 Bn | 32.91 Bn | 1.68 Bn | -100.00% |
| 8 | Dexcom | 33.17 Bn | 31.23 Bn | 830.00 Mn | 21.54% |
| 9 | Steris | 21.90 Bn | 21.43 Bn | 684.20 Mn | 26.51% |
| 10 | Myomo | 54.96 Mn | 35.99 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -3.85% |
| Jun 30, 2025 | -3.31% |
| Mar 31, 2025 | -4.11% |
| Dec 31, 2024 | -7.17% |
| Sep 30, 2024 | -9.63% |
| Jun 30, 2024 | -11.29% |
| Mar 31, 2024 | -2.19% |
| Dec 31, 2023 | -2.27% |
| Sep 30, 2023 | -2.34% |
| Jun 30, 2023 | 0.35% |
| Mar 31, 2023 | -1.63% |
| Dec 31, 2022 | 0.98% |
| Sep 30, 2022 | -0.83% |
| Jun 30, 2022 | 0.22% |
| Mar 31, 2022 | -2.78% |
| Dec 31, 2021 | -0.76% |
| Sep 30, 2021 | -1.12% |
| Jun 30, 2021 | -0.60% |
| Mar 31, 2021 | -0.96% |
| Sep 30, 2020 | -0.04% |