Profound Medical (PROF) Tax Rate (2018 - 2023)
Profound Medical's Tax Rate was -0.58% in Q2 2026, down 0.17 percentage points from -0.41% a year earlier and down 0.22 percentage points from the prior quarter.
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Analysis
Profound Medical (PROF) Tax Rate (2018 - 2023) Analysis & Trends
On a trailing twelve-month basis, Profound Medical's Tax Rate was -0.70% through Jun 30, 2026, down 0.59 percentage points year-over-year; for FY2025, it came in at -0.60%, down 0.60 percentage points from FY2024.
- Tax Rate shows a five-year change of -0.39 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 0.01% in FY2024 (-0.44 pp), 0.45% in FY2023 (+1.46 pp), -1.01% in FY2022 (-0.67 pp) and -0.34% in FY2021 (-0.13 pp).
- Quarterly Tax Rate has moved between -1.93% (Q3 2024) and 4.59% (Q4 2024) over five years.
- Compared with a year earlier, Tax Rate was higher in three of the last six quarters, with an average year-over-year change of -0.76 percentage points.
- Per Business Quant data, PROF's Tax Rate in the three quarters before Q2 2026 was -0.36% (Q1 2026), -0.32% (Q4 2025) and -1.54% (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 | Profound Medical | 281.29 Mn | 99.66 Mn | 7.68 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 0.32% |
| Jun 30, 2023 | 0.48% |
| Mar 31, 2023 | 0.72% |
| Dec 31, 2022 | 2.54% |
| Sep 30, 2022 | 0.69% |
| Jun 30, 2022 | 0.27% |
| Mar 31, 2022 | 0.38% |
| Sep 30, 2021 | 0.87% |
| Jun 30, 2021 | 0.82% |
| Mar 31, 2021 | 0.36% |
| Sep 30, 2020 | 3.09% |
| Jun 30, 2020 | 2.67% |
| Mar 31, 2020 | 3.55% |
| Dec 31, 2019 | 1.98% |
| Sep 30, 2019 | 0.64% |
| Jun 30, 2019 | 0.35% |
| Mar 31, 2019 | 1.17% |
| Dec 31, 2018 | 2.90% |
API Access
Profound 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=PROF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "PROF", "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=PROF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();