Trinity Biotech (TRIB) Tax Rate (2009 - 2024)

Trinity Biotech (TRIB) posted Tax Rate of 3.7% for Q4 2024, up 607.24% sequentially from 0.73% in Q3 2024, and up 376.0% YoY from 0.78% in Q1 2024.

Trinity Biotech (TRIB) Tax Rate (2009 - 2024) Analysis & Trends

Trinity Biotech has reported Tax Rate for 16 years, with the latest figure at 3.7% in Q4 2024.

Quarterly Tax Rate rose 376.0% year-over-year to 3.7% in Q4 2024, while the trailing twelve-month figure through Dec 2024 was 1.58% (up 174.0% YoY) and the FY2025 annual result came in at 0.54%, up 105.0% from the prior year.
Tax Rate grew to 3.7% in Q4 2024 per TRIB's latest filing, from 0.73% in the prior quarter.
Over five years, Tax Rate peaked at 511.72% in Q2 2021 and troughed at 48.97% in Q4 2021.
A 5-year average of 21.58% and a median of 0.93% in 2024 frame the typical range for Tax Rate.
The sharpest annual moves came in 2020 and 2022: Tax Rate soared 559814 bps in 2020, then plunged 51203 bps in 2022.
Over 5 years, Tax Rate stood at 5.11% in 2020, then sank by 858 bps to 48.97% in 2021, then surged by 100 bps to 0.12% in 2022, then jumped by 56 bps to 0.05% in 2023, then surged by 6895 bps to 3.7% in 2024.
According to Business Quant data, Tax Rate over the past three periods registered 3.7%, 0.73%, and 1.9% for Q4 2024, Q3 2024, and Q2 2024 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Abbott Laboratories	199.24 Bn	193.64 Bn	7.27 Bn	39.11%
2	Stryker	128.63 Bn	125.15 Bn	4.50 Bn	18.41%
3	Medtronic	119.19 Bn	109.97 Bn	6.41 Bn	31.35%
4	Boston Scientific	73.51 Bn	72.97 Bn	3.85 Bn	14.62%
5	Edwards Lifesciences	52.11 Bn	47.85 Bn	1.35 Bn	53.56%
6	Dexcom	34.64 Bn	32.70 Bn	830.00 Mn	21.54%
7	GE HealthCare Technologies	34.01 Bn	31.90 Bn	2.18 Bn	17.17%
8	Koninklijke Philips	26.40 Bn	23.08 Bn	4.55 Bn	-21.74%
9	Steris	23.14 Bn	22.65 Bn	684.20 Mn	26.51%
10	Trinity Biotech	6.77 Mn	1.64 Mn	-	-

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