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
DateValue
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%