Sanara MedTech (SMTI) Tax Rate (2022)
Sanara MedTech's (SMTI) quarterly Tax Rate came in at 52.69% in Q3 2022, down 56.94% on a QoQ basis from 122.36% in Q2 2022.
Sanara MedTech (SMTI) Tax Rate (2022) Analysis & Trends
Sanara MedTech (SMTI) has 1 years of Tax Rate data on file, last reported at 52.69% in Q3 2022.
- Quarterly Tax Rate changed N/A year-over-year to 52.69% in Q3 2022, while the trailing twelve-month figure through Dec 2022 was 42.91% (changed N/A YoY) and the FY2023 annual result came in at 15.17%, down 2677.0% from the prior year.
- Tax Rate retreated to 52.69% in Q3 2022, from 122.36% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 122.36% in Q2 2022 to a low of 52.69% in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.13 Bn | 128.91 Bn | 1.96 Bn | 21.94% |
| 2 | Becton Dickinson | 52.76 Bn | 51.90 Bn | 2.32 Bn | 18.41% |
| 3 | Alcon | 35.81 Bn | 34.46 Bn | 1.68 Bn | 100.00% |
| 4 | Resmed | 33.72 Bn | 32.25 Bn | 861.22 Mn | 19.14% |
| 5 | Medline | 29.38 Bn | 26.70 Bn | 2.22 Bn | 40.85% |
| 6 | West Pharmaceutical Services | 25.00 Bn | 24.57 Bn | 329.20 Mn | 17.88% |
| 7 | Solventum | 15.46 Bn | 15.06 Bn | 1.29 Bn | 13.89% |
| 8 | Cooper Companies | 14.88 Bn | 14.74 Bn | 735.40 Mn | -60.95% |
| 9 | Baxter International | 13.58 Bn | 11.43 Bn | 1.03 Bn | 14.56% |
| 10 | Sanara MedTech | 297.82 Mn | 297.82 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 52.69% |
| Sep 30, 2022 | 52.69% |
| Sep 30, 2022 | 52.69% |
| Jun 30, 2022 | 122.36% |
| Jun 30, 2022 | 122.36% |
| Jun 30, 2022 | 122.36% |