Utah Medical Products (UTMD) Tax Rate (2010 - 2026)
Utah Medical Products' 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 73.29% quarter-over-quarter from 68.01% in Q4 2025.
Utah Medical Products has reported Tax Rate for 17 years, with the latest figure at 18.16% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 301.0% year-over-year to 18.16%; the trailing twelve-month figure through Mar 2026 stood at 23.24% (up 279.0% YoY), and the FY2025 full-year result was 23.94%, down 6954.0% from the prior year.
- Tax Rate for Q1 2026 stood at 18.16%, down from 68.01% in the prior quarter.
- The five-year high for Tax Rate was 68.01% in Q4 2025, with the low at 34.65% in Q4 2023.
- Average Tax Rate over 5 years is 16.98%, with a median of 18.79% recorded in 2023.
- Year-over-year, Tax Rate tumbled 3618 bps in 2022 and jumped 6376 bps in 2024.
- Tracing UTMD's Tax Rate over 5 years: stood at 21.53% in 2022, then plunged by 61 bps to 34.65% in 2023, then surged by 184 bps to 29.11% in 2024, then jumped by 134 bps to 68.01% in 2025, then sank by 73 bps to 18.16% in 2026.
- The last three Tax Rate figures came in at 18.16% (Q1 2026), 68.01% (Q4 2025), and 20.49% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 12.17 |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 194.87 |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 20.62 |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 24.82 |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 18.75 |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 31.95 |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 24.26 |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | -183.33 |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 22.40 |
| 10 | Utah Medical Products | 204.80 Mn | 117.39 Mn | 5.28 Mn | 18.16 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.16 |
| Mar 31, 2026 | 18.16 |
| Dec 31, 2025 | 68.01 |
| Dec 31, 2025 | 68.01 |
| Sep 30, 2025 | 20.49 |
| Sep 30, 2025 | 20.49 |
| Jun 30, 2025 | 20.54 |
| Jun 30, 2025 | 20.54 |
| Mar 31, 2025 | 21.18 |
| Mar 31, 2025 | 21.18 |
| Dec 31, 2024 | 29.11 |
| Dec 31, 2024 | 29.11 |
| Sep 30, 2024 | 14.74 |
| Sep 30, 2024 | 14.74 |
| Jun 30, 2024 | 18.00 |
| Jun 30, 2024 | 18.00 |
| Mar 31, 2024 | 17.55 |
| Mar 31, 2024 | 17.55 |
| Dec 31, 2023 | -34.65 |
| Dec 31, 2023 | -34.65 |
| Sep 30, 2023 | 17.70 |
| Sep 30, 2023 | 17.70 |
| Jun 30, 2023 | 18.79 |
| Jun 30, 2023 | 18.79 |
| Mar 31, 2023 | 17.68 |
| Mar 31, 2023 | 17.68 |
| Dec 31, 2022 | -21.53 |
| Dec 31, 2022 | -21.53 |
| Sep 30, 2022 | 19.84 |
| Sep 30, 2022 | 19.84 |
| Jun 30, 2022 | 21.08 |
| Jun 30, 2022 | 21.08 |
| Mar 31, 2022 | 21.99 |
| Mar 31, 2022 | 21.99 |
| Dec 31, 2021 | 14.65 |
| Dec 31, 2021 | 14.65 |
| Sep 30, 2021 | 18.44 |
| Sep 30, 2021 | 18.44 |
| Jun 30, 2021 | 28.99 |
| Jun 30, 2021 | 28.99 |
| Mar 31, 2021 | 22.42 |
| Mar 31, 2021 | 22.42 |
| Dec 31, 2020 | 20.41 |
| Dec 31, 2020 | 20.41 |
| Sep 30, 2020 | 18.26 |
| Sep 30, 2020 | 18.26 |
| Jun 30, 2020 | 33.59 |
| Jun 30, 2020 | 33.59 |
| Mar 31, 2020 | 21.26 |
| Mar 31, 2020 | 21.26 |
| Dec 31, 2019 | -42.85 |
| Dec 31, 2019 | -42.85 |
| Sep 30, 2019 | 16.69 |
| Sep 30, 2019 | 16.69 |
| Jun 30, 2019 | 22.78 |
| Jun 30, 2019 | 22.78 |
| Mar 31, 2019 | 24.12 |
| Mar 31, 2019 | 24.12 |
| Dec 31, 2018 | -30.55 |
| Dec 31, 2018 | -30.55 |
| Sep 30, 2018 | -50.90 |
| Sep 30, 2018 | -50.90 |
| Jun 30, 2018 | 22.46 |
| Jun 30, 2018 | 22.46 |
| Mar 31, 2018 | 18.29 |
| Mar 31, 2018 | 18.29 |
| Dec 31, 2017 | 163.09 |
| Dec 31, 2017 | 163.09 |
| Sep 30, 2017 | 22.87 |
| Sep 30, 2017 | 22.87 |
| Jun 30, 2017 | 23.47 |
| Jun 30, 2017 | 23.47 |
| Mar 31, 2017 | 25.57 |
| Mar 31, 2017 | 25.57 |
| Dec 31, 2016 | -41.80 |
| Dec 31, 2016 | -41.80 |
| Sep 30, 2016 | 26.26 |
| Sep 30, 2016 | 26.26 |
| Jun 30, 2016 | 25.58 |
| Jun 30, 2016 | 25.58 |
| Mar 31, 2016 | 27.10 |
| Mar 31, 2016 | 27.10 |
| Dec 31, 2015 | 46.81 |
| Dec 31, 2015 | 46.81 |
| Sep 30, 2015 | 26.17 |
| Sep 30, 2015 | 26.17 |
| Jun 30, 2015 | 25.64 |
| Jun 30, 2015 | 25.64 |
| Mar 31, 2015 | 27.27 |
| Mar 31, 2015 | 27.27 |
| Dec 31, 2014 | 28.66 |
| Dec 31, 2014 | 28.66 |
| Sep 30, 2014 | 27.55 |
| Sep 30, 2014 | 27.55 |
| Jun 30, 2014 | 27.89 |
| Jun 30, 2014 | 27.89 |
| Mar 31, 2014 | 28.03 |
| Mar 31, 2014 | 28.03 |
| Dec 31, 2013 | 34.81 |
| Dec 31, 2013 | 34.81 |
| Sep 30, 2013 | 28.12 |
| Sep 30, 2013 | 28.12 |
| Jun 30, 2013 | 27.41 |
| Jun 30, 2013 | 27.41 |
| Mar 31, 2013 | 27.78 |
| Mar 31, 2013 | 27.78 |
| Dec 31, 2012 | -35.46 |
| Dec 31, 2012 | -35.46 |
| Sep 30, 2012 | 29.31 |
| Sep 30, 2012 | 29.31 |
| Jun 30, 2012 | 30.00 |
| Jun 30, 2012 | 30.00 |
| Mar 31, 2012 | 29.16 |
| Mar 31, 2012 | 29.16 |
| Dec 31, 2011 | 31.49 |
| Dec 31, 2011 | 31.49 |
| Sep 30, 2011 | 31.67 |
| Sep 30, 2011 | 31.67 |
| Jun 30, 2011 | 32.86 |
| Jun 30, 2011 | 32.86 |
| Mar 31, 2011 | 37.63 |
| Mar 31, 2011 | 37.63 |
| Dec 31, 2010 | 32.41 |
| Dec 31, 2010 | 32.41 |
| Sep 30, 2010 | 33.94 |
| Sep 30, 2010 | 33.94 |
| Jun 30, 2010 | 33.65 |
| Jun 30, 2010 | 33.65 |