Utah Medical Products (UTMD) Income Taxes Paid (2009 - 2026)
Utah Medical Products (UTMD) posted Income Taxes Paid of $1.63 million for Q2 2026, down 28.5% from $2.28 million a year earlier.
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Analysis
Utah Medical Products (UTMD) Income Taxes Paid (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Income Taxes Paid at Utah Medical Products was $3.34 million, down 20.1% year-over-year; for FY2025, it came in at $4 million, down 13.7% from FY2024.
- Annual Income Taxes Paid has declined for three consecutive years, though with a five-year compound annual growth rate of 4.7% (FY2020 to FY2025).
- In prior years, Utah Medical Products' Income Taxes Paid was $4.64 million in FY2024 (-3.9%), $4.83 million in FY2023 (-2.9%), $4.97 million in FY2022 (+7.6%) and $4.62 million in FY2021 (+44.9%).
- Quarterly Income Taxes Paid has run from a low of $30,000 in Q1 2026 to a high of $2.69 million in Q2 2024 over five years.
- On a year-over-year basis, Income Taxes Paid increased in 1 of the last eight quarters, with an average decline of 23.3%.
- The strongest year-over-year quarter for Income Taxes Paid in the past five years was Q1 2023, with growth of 57.3%; the weakest was Q1 2025, with a decline of 56.2%.
- According to Business Quant data, Income Taxes Paid for the three prior quarters was $30,000 (Q1 2026), $1.15 million (Q4 2025) and $525,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes Paid (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | - |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | - |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 322.00 Mn |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | - |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 199.00 Mn |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | - |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | - |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | - |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | 31.00 Mn |
| 10 | Utah Medical Products | 228.50 Mn | -117.39 Mn | 4.84 Mn | 580,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 580,000.00 |
| Jun 30, 2026 | 1.63 Mn |
| Mar 31, 2026 | 30,000.00 |
| Dec 31, 2025 | 1.15 Mn |
| Sep 30, 2025 | 525,000.00 |
| Jun 30, 2025 | 2.28 Mn |
| Mar 31, 2025 | 46,000.00 |
| Dec 31, 2024 | 925,000.00 |
| Sep 30, 2024 | 922,000.00 |
| Jun 30, 2024 | 2.69 Mn |
| Mar 31, 2024 | 105,000.00 |
| Dec 31, 2023 | 1.34 Mn |
| Sep 30, 2023 | 943,000.00 |
| Jun 30, 2023 | 2.42 Mn |
| Mar 31, 2023 | 129,000.00 |
| Dec 31, 2022 | 1.47 Mn |
| Sep 30, 2022 | 1.04 Mn |
| Jun 30, 2022 | 2.39 Mn |
| Mar 31, 2022 | 82,000.00 |
| Dec 31, 2021 | 1.52 Mn |
API Access
Utah Medical Products Income Taxes Paid API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=income-taxes-paid&ticker=UTMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-taxes-paid", "ticker": "UTMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=income-taxes-paid&ticker=UTMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();