Sanara MedTech (SMTI) Tax Rate (2022)

Sanara MedTech (SMTI) posted Tax Rate of 52.69% for 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's Tax Rate history runs 1 years deep, the most recent figure standing at 52.69% for 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 was 52.69% for Q3 2022 at Sanara MedTech, down from 122.36% in the prior quarter.
Across five years, Tax Rate topped out at 122.36% in Q2 2022 and bottomed at 52.69% in Q3 2022.

Peer Comparison

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Alcon	32,734,969.19 Bn	32,734,967.53 Bn	1.53 Bn	-
2	Intuitive Surgical	117.50 Bn	112.41 Bn	1.96 Bn	21.94%
3	Becton Dickinson	42.93 Bn	42.11 Bn	2.15 Bn	194.87%
4	Medline	30.82 Bn	36.66 Bn	1.84 Bn	17.87%
5	Resmed	27.90 Bn	26.23 Bn	890.98 Mn	20.62%
6	West Pharmaceutical Services	26.76 Bn	26.23 Bn	329.20 Mn	17.88%
7	Cooper Companies	15.30 Bn	15.16 Bn	735.40 Mn	-60.95%
8	Solventum	13.46 Bn	12.90 Bn	1.10 Bn	18.75%
9	Align Technology	12.02 Bn	10.96 Bn	736.59 Mn	24.26%
10	Sanara MedTech	233.71 Mn	220.11 Mn	25.87 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%