Orthofix Medical (OFIX) Tax Rate (2010 - 2022)
Orthofix Medical (OFIX) recorded Tax Rate of -5.34% in Q2 2026, down 6.34 percentage points from 1.00% a year earlier and down 4.99 percentage points from the prior quarter.
Orthofix Medical (OFIX) Tax Rate (2010 - 2022) Analysis & Trends
On a TTM basis, Orthofix Medical's Tax Rate came in at -2.39% as of Jun 30, 2026, down 1.57 percentage points year-over-year; for FY2025, it came in at -1.52%, up 0.19 percentage points from FY2024.
- Annual Tax Rate has increased for four straight years, though with a five-year change of -785.49 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at -1.71% in FY2024 (+0.11 pp), -1.83% in FY2023 (+9.71 pp), -11.54% in FY2022 (+172.86 pp) and -184.39% in FY2021 (-968.36 pp).
- The Q2 2026 figure is the lowest quarterly Tax Rate since Q3 2022.
- On a year-over-year basis, Tax Rate rose in five of the last eight quarters, with an average year-over-year change of -0.18 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 240.54 percentage points in Q4 2022, against a drop of 509.98 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at -0.36% (Q1 2026), -1.37% (Q4 2025) and -2.39% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 14.62% |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 18.41% |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 53.56% |
| 10 | Orthofix Medical | 400.78 Mn | 31.81 Mn | 149.71 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 18.18% |
| Jun 30, 2021 | 48.16% |
| Dec 31, 2020 | 268.37% |
| Sep 30, 2020 | 11.54% |
| Jun 30, 2019 | 181.40% |
| Dec 31, 2018 | 23.48% |
| Jun 30, 2018 | 54.23% |
| Mar 31, 2018 | 50.69% |
| Dec 31, 2017 | 90.88% |
| Sep 30, 2017 | 64.75% |
| Jun 30, 2017 | 45.32% |
| Mar 31, 2017 | 242.82% |
| Dec 31, 2016 | 238.04% |
| Mar 31, 2016 | 48.41% |
| Dec 31, 2015 | 70.53% |
| Sep 30, 2015 | 134.59% |
| Jun 30, 2015 | 30.37% |
| Dec 31, 2014 | 373.80% |
| Sep 30, 2014 | 99.42% |
| Jun 30, 2014 | 50.33% |
Orthofix Medical Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=OFIX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "OFIX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=OFIX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();