Orthofix Medical (OFIX) Tax Rate (2009 - 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.
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Analysis
Orthofix Medical (OFIX) Tax Rate (2009 - 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 16.86% |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 25.26% |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | - |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 21.54% |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 24.47% |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 20.87% |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 17.02% |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 17.62% |
| 10 | Orthofix Medical | 290.21 Mn | -102.23 Mn | 146.55 Mn | - |
Historic Data
Download Data
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% |
API Access
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_KEYimport 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();