Sanara MedTech (SMTI) Tax Rate (2022)

Name: Sanara MedTech (SMTI) Tax Rate (2022) | Business Quant
Creator: Business Quant

Sanara MedTech posted quarterly Tax Rate of 1.08% for Q4 2022, down 102.04% on a QoQ basis from 52.69% in Q3 2022.

Sanara MedTech (SMTI) has 1 years of Tax Rate data on file, last reported at 1.08% in Q4 2022.

For the quarter ending Q4 2022, Tax Rate changed N/A year-over-year to 1.08%; the trailing twelve-month figure through Dec 2022 stood at 42.78% (changed N/A YoY), and the FY2022 full-year result was 41.62%, changed N/A from the prior year.
Tax Rate for Q4 2022 stood at 1.08%, down from 52.69% in the prior quarter.
Across five years, Tax Rate topped out at 122.36% in Q2 2022 and bottomed at 1.08% in Q4 2022.

Peer Comparison

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Intuitive Surgical	156.17 Bn	151.78 Bn	1.83 Bn	12.17
2	Becton Dickinson	41.51 Bn	40.49 Bn	2.15 Bn	194.87
3	Resmed	30.43 Bn	28.77 Bn	890.98 Mn	20.62
4	West Pharmaceutical Services	22.78 Bn	22.26 Bn	296.40 Mn	24.82
5	Solventum	13.39 Bn	13.39 Bn	1.10 Bn	18.75
6	Cooper Companies	12.33 Bn	12.20 Bn	695.20 Mn	31.95
7	Align Technology	11.65 Bn	10.59 Bn	736.59 Mn	24.26
8	Baxter International	9.81 Bn	7.77 Bn	891.00 Mn	-183.33
9	Aptargroup	7.39 Bn	7.19 Bn	351.91 Mn	22.40
10	Sanara MedTech	203.69 Mn	190.09 Mn	25.87 Mn	-

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