Myomo (MYO) Tax Rate (2020 - 2025)
Myomo's (MYO) quarterly Tax Rate came in at 3.85% in Q3 2025, up 578.0% YoY from 0.57% in Q3 2024, and down 16.36% on a QoQ basis from 3.31% in Q2 2025.
Myomo (MYO) Tax Rate (2020 - 2025) Analysis & Trends
Myomo (MYO) has 6 years of Tax Rate data on file, last reported at 3.85% in 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 4.04% (down 2.0% YoY) and the FY2024 annual result came in at 5.36%, down 357.0% from the prior year.
- Tax Rate slipped to 3.85% in Q3 2025, from 3.31% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 0.98% in Q4 2022 to a low of 11.29% in Q2 2024.
- A 5-year average of 2.8% and a median of 2.19% in 2024 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2024 — Tax Rate slumped 1164 bps — and 2025, when it jumped 798 bps.
- Tracing MYO's Tax Rate over 5 years: stood at 0.76% in 2021, then jumped by 228 bps to 0.98% in 2022, then sank by 332 bps to 2.27% in 2023, then tumbled by 216 bps to 7.17% in 2024, then soared by 46 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 | 199.44 Bn | 193.84 Bn | 7.27 Bn | 39.11% |
| 2 | Stryker | 127.32 Bn | 123.85 Bn | 4.50 Bn | 18.41% |
| 3 | Medtronic | 118.87 Bn | 109.65 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 73.47 Bn | 72.93 Bn | 3.85 Bn | 14.62% |
| 5 | Edwards Lifesciences | 51.90 Bn | 47.65 Bn | 1.35 Bn | 53.56% |
| 6 | Dexcom | 34.30 Bn | 32.36 Bn | 830.00 Mn | 21.54% |
| 7 | GE HealthCare Technologies | 33.74 Bn | 31.63 Bn | 2.18 Bn | 17.17% |
| 8 | Koninklijke Philips | 26.35 Bn | 23.03 Bn | 4.55 Bn | -21.74% |
| 9 | Steris | 23.05 Bn | 22.56 Bn | 684.20 Mn | 26.51% |
| 10 | Myomo | 71.05 Mn | 52.08 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 | -7.17% |
| Dec 31, 2024 | -7.17% |
| Dec 31, 2024 | -7.17% |
| 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% |