Utah Medical Products (UTMD) Tax Rate (2010 - 2026)
Utah Medical Products' (UTMD) quarterly Tax Rate came in at 18.16% in Q1 2026, down 301.0% year-on-year from 9.04% in Q1 2025, and down 51.11% quarter-over-quarter from 37.15% in Q4 2025.
Utah Medical Products (UTMD) Tax Rate (2010 - 2026) Analysis & Trends
Utah Medical Products' Tax Rate history runs 17 years deep, the most recent figure standing at 18.16% for Q1 2026.
- On a quarterly basis, Tax Rate fell 301.0% year-over-year to 18.16% in Q1 2026; TTM through Mar 2026 was 23.81%, a 469.0% increase from a year earlier, with the FY2025 full-year figure at 24.37%, up 774.0% from the prior year.
- Tax Rate fell to 18.16% in Q1 2026 per UTMD's latest filing, from 37.15% in the prior quarter.
- Across five years, Tax Rate topped out at 77.31% in Q4 2024 and bottomed at 47.58% in Q4 2022.
- The 5-year median for Tax Rate is 18.79% (2023), against an average of 19.08%.
- Across the five-year window, Tax Rate jumped 6765 bps in 2024 and sank 4016 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 47.58% in 2022, then jumped by 120 bps to 9.66% in 2023, then soared by 700 bps to 77.31% in 2024, then plunged by 52 bps to 37.15% in 2025, then plunged by 51 bps to 18.16% in 2026.
- Per Business Quant, the three latest UTMD Tax Rate figures stand at 18.16% (Q1 2026), 37.15% (Q4 2025), and 20.49% (Q3 2025).
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 | Utah Medical Products | 204.41 Mn | 117.01 Mn | 5.28 Mn | 18.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.16% |
| Mar 31, 2026 | 18.16% |
| Mar 31, 2026 | 18.16% |
| Dec 31, 2025 | 37.15% |
| Dec 31, 2025 | 37.15% |
| Dec 31, 2025 | 37.15% |
| Sep 30, 2025 | 20.49% |
| Sep 30, 2025 | 20.49% |
| Sep 30, 2025 | 20.49% |
| Jun 30, 2025 | 20.54% |
| Jun 30, 2025 | 20.54% |
| Jun 30, 2025 | 20.54% |
| Mar 31, 2025 | 21.18% |
| Mar 31, 2025 | 21.18% |
| Mar 31, 2025 | 21.18% |
| Dec 31, 2024 | 77.31% |
| Dec 31, 2024 | 77.31% |
| Dec 31, 2024 | 77.31% |
| Sep 30, 2024 | 14.74% |
| Sep 30, 2024 | 14.74% |