Myomo (MYO) Tax Rate (2020 - 2025)
Myomo (MYO) posted Tax Rate of 3.85% for Q3 2025, down 16.36% on a QoQ basis from 3.31% in Q2 2025, and up 578.0% year-over-year from 0.57% in Q3 2024.
Myomo (MYO) Tax Rate (2020 - 2025) Analysis & Trends
Myomo's Tax Rate history runs 6 years deep, the most recent figure standing at 3.85% for Q3 2025.
- Quarterly Tax Rate rose 578.0% year-over-year to 3.85% in Q3 2025, while the trailing twelve-month figure through Sep 2025 was 10.78% (down 640.0% YoY) and the FY2024 annual result came in at 36.32%, up 3827.0% from the prior year.
- Tax Rate was 3.85% for Q3 2025 at Myomo, down from 3.31% in the prior quarter.
- Across five years, Tax Rate topped out at 1.28% in Q4 2024 and bottomed at 11.29% in Q2 2024.
- A 5-year average of 2.47% and a median of 1.63% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2024 — Tax Rate sank 1164 bps — and 2025, when it jumped 798 bps.
- Myomo's Tax Rate stood at 0.82% in 2021, then soared by 67 bps to 0.27% in 2022, then sank by 1001 bps to 2.96% in 2023, then soared by 143 bps to 1.28% in 2024, then slumped by 402 bps to 3.85% in 2025.
- Business Quant data shows MYO's Tax Rate at 3.85% in Q3 2025, 3.31% in Q2 2025, and 4.11% in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 25.67% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 12.35% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | -15.15% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 17.06% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 25.97% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -23.16% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 18.61% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Myomo | 39.24 Mn | 20.27 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -3.85% |
| Sep 30, 2025 | -3.85% |
| Sep 30, 2025 | -3.85% |
| Jun 30, 2025 | -3.31% |
| Jun 30, 2025 | -3.31% |
| Jun 30, 2025 | -3.31% |
| Mar 31, 2025 | -4.11% |
| Mar 31, 2025 | -4.11% |
| Mar 31, 2025 | -4.11% |
| Dec 31, 2024 | 1.28% |
| Dec 31, 2024 | 1.28% |
| Dec 31, 2024 | 1.28% |
| Sep 30, 2024 | -9.63% |
| Sep 30, 2024 | -9.63% |
| Sep 30, 2024 | -9.63% |
| Jun 30, 2024 | -11.29% |
| Jun 30, 2024 | -11.29% |
| Jun 30, 2024 | -11.29% |
| Mar 31, 2024 | -2.19% |
| Mar 31, 2024 | -2.19% |