Trinity Biotech (TRIB) Tax Rate (2009 - 2024)
Trinity Biotech recorded quarterly Tax Rate of 0.04% in Q2 2024, down 102.11% quarter-over-quarter from 2.06% in Q1 2024, and up 139.0% year-over-year from 0.02% in Q3 2023.
Trinity Biotech's Tax Rate history runs 16 years deep, the most recent figure standing at 0.04% for Q2 2024.
- In Q2 2024, Tax Rate rose 139.0% year-over-year to 0.04%; the TTM figure through Jun 2024 stood at 1.81% (up 245.0% YoY), while the FY2025 annual figure was 0.54%, up 105.0% from the prior year.
- Tax Rate came in at 0.04% for Q2 2024 at Trinity Biotech, down from 2.06% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 511.72% in Q2 2021 to a low of 38.59% in Q4 2021.
- A 5-year average of 28.13% and a median of 0.43% in 2023 frame the typical range for Tax Rate.
- On a YoY basis, Tax Rate climbed as much as 51358 bps in 2021 and fell as far as 3790 bps in 2021.
- Trinity Biotech's Tax Rate stood at 0.69% in 2020, then tumbled by 5493 bps to 38.59% in 2021, then soared by 100 bps to 0.12% in 2022, then jumped by 1776 bps to 2.09% in 2023, then plunged by 102 bps to 0.04% in 2024.
- According to Business Quant data, Tax Rate over the past three periods registered 0.04%, 2.06%, and 2.09% for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 25.67 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 12.35 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 18.09 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | -15.15 |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 17.06 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -23.16 |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 25.97 |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 18.61 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 27.65 |
| 10 | Trinity Biotech | 28,000.00 | -5.11 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -0.04 |
| Jun 30, 2024 | -0.04 |
| Mar 31, 2024 | 2.06 |
| Mar 31, 2024 | 2.06 |
| Dec 31, 2023 | 2.09 |
| Dec 31, 2023 | 2.09 |
| Sep 30, 2023 | 3.42 |
| Sep 30, 2023 | 3.42 |
| Jun 30, 2023 | -1.43 |
| Jun 30, 2023 | -1.43 |
| Mar 31, 2023 | -0.17 |
| Mar 31, 2023 | -0.17 |
| Dec 31, 2022 | -0.12 |
| Dec 31, 2022 | -0.12 |
| Sep 30, 2022 | 0.02 |
| Sep 30, 2022 | 0.02 |
| Dec 31, 2021 | -38.59 |
| Dec 31, 2021 | -38.59 |
| Sep 30, 2021 | -15.68 |
| Sep 30, 2021 | -15.68 |
| Jun 30, 2021 | 511.72 |
| Jun 30, 2021 | 511.72 |
| Mar 31, 2021 | -2.45 |
| Mar 31, 2021 | -2.45 |
| Dec 31, 2020 | -0.69 |
| Dec 31, 2020 | -0.69 |
| Sep 30, 2020 | -3.76 |
| Sep 30, 2020 | -3.76 |
| Jun 30, 2020 | -1.86 |
| Jun 30, 2020 | -1.86 |
| Mar 31, 2020 | -4.41 |
| Mar 31, 2020 | -4.41 |
| Dec 31, 2019 | 36.82 |
| Dec 31, 2019 | 36.82 |
| Sep 30, 2019 | -4.45 |
| Sep 30, 2019 | -4.45 |
| Jun 30, 2019 | -231.61 |
| Jun 30, 2019 | -231.61 |
| Mar 31, 2019 | -4.10 |
| Mar 31, 2019 | -4.10 |
| Dec 31, 2018 | -9.25 |
| Dec 31, 2018 | -9.25 |
| Sep 30, 2018 | -3.31 |
| Sep 30, 2018 | -3.31 |
| Jun 30, 2018 | -5.48 |
| Jun 30, 2018 | -5.48 |
| Mar 31, 2018 | -4.45 |
| Mar 31, 2018 | -4.45 |
| Dec 31, 2017 | 51.76 |
| Dec 31, 2017 | 51.76 |
| Sep 30, 2017 | -2.08 |
| Sep 30, 2017 | -2.08 |
| Jun 30, 2017 | -5.86 |
| Jun 30, 2017 | -5.86 |
| Mar 31, 2017 | -4.00 |
| Mar 31, 2017 | -4.00 |
| Dec 31, 2016 | -0.98 |
| Dec 31, 2016 | -0.98 |
| Sep 30, 2016 | 40.11 |
| Sep 30, 2016 | 40.11 |
| Jun 30, 2016 | -5.86 |
| Jun 30, 2016 | -5.86 |
| Mar 31, 2016 | 15.62 |
| Mar 31, 2016 | 15.62 |
| Dec 31, 2015 | -7.31 |
| Dec 31, 2015 | -7.31 |
| Sep 30, 2015 | -2.69 |
| Sep 30, 2015 | -2.69 |
| Jun 30, 2015 | -7.49 |
| Jun 30, 2015 | -7.49 |
| Mar 31, 2015 | -7.05 |
| Mar 31, 2015 | -7.05 |
| Dec 31, 2014 | -4.34 |
| Dec 31, 2014 | -4.34 |
| Sep 30, 2014 | -5.95 |
| Sep 30, 2014 | -5.95 |
| Jun 30, 2014 | -6.01 |
| Jun 30, 2014 | -6.01 |
| Mar 31, 2014 | -2.52 |
| Mar 31, 2014 | -2.52 |
| Dec 31, 2013 | -6.60 |
| Dec 31, 2013 | -6.60 |
| Sep 30, 2013 | -10.20 |
| Sep 30, 2013 | -10.20 |
| Jun 30, 2013 | -6.77 |
| Jun 30, 2013 | -6.77 |
| Mar 31, 2013 | -4.01 |
| Mar 31, 2013 | -4.01 |
| Dec 31, 2012 | -8.70 |
| Dec 31, 2012 | -8.70 |
| Sep 30, 2012 | -9.35 |
| Sep 30, 2012 | -9.35 |
| Jun 30, 2012 | -11.59 |
| Jun 30, 2012 | -11.59 |
| Mar 31, 2012 | -12.12 |
| Mar 31, 2012 | -12.12 |
| Dec 31, 2011 | -13.98 |
| Dec 31, 2011 | -13.98 |
| Sep 30, 2011 | -15.30 |
| Sep 30, 2011 | -15.30 |
| Jun 30, 2011 | -14.48 |
| Jun 30, 2011 | -14.48 |
| Mar 31, 2011 | -13.49 |
| Mar 31, 2011 | -13.49 |
| Mar 31, 2010 | -8.36 |
| Mar 31, 2010 | -8.36 |
| Dec 31, 2009 | -11.93 |
| Dec 31, 2009 | -11.93 |
| Sep 30, 2009 | -11.19 |
| Sep 30, 2009 | -11.19 |
| Jun 30, 2009 | -13.97 |
| Jun 30, 2009 | -13.97 |
| Mar 31, 2009 | -9.08 |
| Mar 31, 2009 | -9.08 |