Inotiv (NOTV) Tax Rate (2010 - 2026)
Inotiv (NOTV) reported Tax Rate of 3.78% for Q1 2026, down 317.0% on a YoY basis from 1.74% in Q1 2025, and down 30.7% quarter-over-quarter from 5.46% in Q4 2025.
Inotiv (NOTV) Tax Rate (2010 - 2026) Analysis & Trends
Inotiv has reported Tax Rate for 15 years, with the latest figure at 3.78% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 317.0% year-over-year to 3.78%; the trailing twelve-month figure through Mar 2026 stood at 17.75% (up 286.0% YoY), and the FY2025 full-year result was 21.81%, up 508.0% from the prior year.
- Tax Rate for Q1 2026 stood at 3.78%, down from 5.46% in the prior quarter.
- The five-year high for Tax Rate was 3761.54% in Q1 2022, with the low at 20.48% in Q3 2023.
- Historically, Tax Rate has averaged 238.43% across 5 years, with a median of 11.69% in 2024.
- Annual changes were most pronounced in 2022 — Tax Rate soared 376366 bps — and 2023, when it slumped 374115 bps.
- Inotiv's Tax Rate stood at 15.52% in 2022, then increased by 16 bps to 18.08% in 2023, then plunged by 60 bps to 7.31% in 2024, then decreased by 25 bps to 5.46% in 2025, then sank by 31 bps to 3.78% in 2026.
- The last three Tax Rate figures came in at 3.78% (Q1 2026), 5.46% (Q4 2025), and 63.17% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 18.18% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 4.04% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 16.68% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 21.66% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 16.91% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 17.99% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | -0.35% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 14.65% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 19.17% |
| 10 | Inotiv | 3.92 Mn | -11.26 Mn | 111.99 Mn | 3.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.78% |
| Mar 31, 2026 | 3.78% |
| Dec 31, 2025 | 5.46% |
| Dec 31, 2025 | 5.46% |
| Sep 30, 2025 | 63.17% |
| Sep 30, 2025 | 63.17% |
| Jun 30, 2025 | 6.32% |
| Jun 30, 2025 | 6.32% |
| Mar 31, 2025 | 6.95% |
| Mar 31, 2025 | 6.95% |
| Dec 31, 2024 | 7.31% |
| Dec 31, 2024 | 7.31% |
| Sep 30, 2024 | 21.43% |
| Sep 30, 2024 | 21.43% |
| Jun 30, 2024 | 20.83% |
| Jun 30, 2024 | 20.83% |
| Mar 31, 2024 | 11.69% |
| Mar 31, 2024 | 11.69% |
| Dec 31, 2023 | 18.08% |
| Dec 31, 2023 | 18.08% |