Myomo (MYO) Tax Rate (2020 - 2025)
Myomo posted quarterly Tax Rate of 3.85% for Q3 2025, up 578.0% year-on-year from 0.57% in Q3 2024, and down 16.36% on a QoQ basis from 3.31% in Q2 2025.
Myomo (MYO) has 6 years of Tax Rate data on file, last reported at 3.85% 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 10.78% (down 6214.0% YoY), and the FY2024 full-year result was 36.32%, up 1481.0% from the prior year.
- Tax Rate for Q3 2025 stood at 3.85%, 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.
- The 5-year median for Tax Rate is 1.12% (2021), against an average of 2.18%.
- The widest annual swing landed in 2024, when Tax Rate plunged 1164 bps; it then jumped 798 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 0.76% in 2021, then surged by 228 bps to 0.98% in 2022, then advanced by 14 bps to 1.12% in 2023, then advanced by 14 bps to 1.28% in 2024, then tumbled by 402 bps to 3.85% in 2025.
- The last three Tax Rate figures came in at 3.85% (Q3 2025), 3.31% (Q2 2025), and 4.11% (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 25.67 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 12.35 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 18.09 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | -15.15 |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 17.06 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -23.16 |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 25.97 |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 18.61 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 27.65 |
| 10 | Myomo | 44.63 Mn | 26.23 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -3.85 |
| Sep 30, 2025 | -3.85 |
| Jun 30, 2025 | -3.31 |
| Jun 30, 2025 | -3.31 |
| Mar 31, 2025 | -4.11 |
| Mar 31, 2025 | -4.11 |
| Dec 31, 2024 | 1.28 |
| Dec 31, 2024 | 1.28 |
| Sep 30, 2024 | -9.63 |
| Sep 30, 2024 | -9.63 |
| Jun 30, 2024 | -11.29 |
| Jun 30, 2024 | -11.29 |
| Mar 31, 2024 | -2.19 |
| Mar 31, 2024 | -2.19 |
| Dec 31, 2023 | 1.12 |
| Dec 31, 2023 | 1.12 |
| Sep 30, 2023 | -2.34 |
| Sep 30, 2023 | -2.34 |
| Jun 30, 2023 | 0.35 |
| Jun 30, 2023 | 0.35 |
| Mar 31, 2023 | -1.63 |
| Mar 31, 2023 | -1.63 |
| Dec 31, 2022 | 0.98 |
| Dec 31, 2022 | 0.98 |
| Sep 30, 2022 | -0.83 |
| Sep 30, 2022 | -0.83 |
| Jun 30, 2022 | 0.22 |
| Jun 30, 2022 | 0.22 |
| Mar 31, 2022 | -2.78 |
| Mar 31, 2022 | -2.78 |
| Dec 31, 2021 | -0.76 |
| Dec 31, 2021 | -0.76 |
| Sep 30, 2021 | -1.12 |
| Sep 30, 2021 | -1.12 |
| Jun 30, 2021 | -0.60 |
| Jun 30, 2021 | -0.60 |
| Mar 31, 2021 | -0.96 |
| Mar 31, 2021 | -0.96 |
| Sep 30, 2020 | -0.04 |
| Sep 30, 2020 | -0.04 |
| Jun 30, 2020 | -0.03 |
| Jun 30, 2020 | -0.03 |
| Mar 31, 2020 | -0.02 |
| Mar 31, 2020 | -0.02 |