Utah Medical Products (UTMD) Tax Rate (2010 - 2026)

Utah Medical Products (UTMD) recorded quarterly Tax Rate of 18.16% in Q1 2026, down 73.29% quarter-over-quarter from 68.01% in Q4 2025, and down 301.0% on a YoY basis from 9.04% in Q1 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.

  • In Q1 2026, Tax Rate fell 301.0% year-over-year to 18.16%; the TTM figure through Mar 2026 stood at 23.24% (up 279.0% YoY), while the FY2025 annual figure was 23.94%, down 6954.0% from the prior year.
  • Tax Rate was 18.16% for Q1 2026 at Utah Medical Products, down from 68.01% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 68.01% in Q4 2025 to a low of 34.65% in Q4 2023.
  • Historically, Tax Rate has averaged 16.98% across 5 years, with a median of 18.79% in 2023.
  • The sharpest annual moves came in 2022 and 2024: Tax Rate tumbled 3618 bps in 2022, then surged 6376 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 21.53% in 2022, then sank by 61 bps to 34.65% in 2023, then jumped by 184 bps to 29.11% in 2024, then soared by 134 bps to 68.01% in 2025, then slumped 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 148.09 Bn 143.69 Bn 1.83 Bn 12.17%
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn 194.87%
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn 17.87%
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn 20.62%
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn 24.82%
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn 18.75%
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn -60.95%
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn 24.26%
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn -183.33%
10 Utah Medical Products 216.87 Mn 129.46 Mn 5.28 Mn 18.16%

Historic Data

Download Data
DateValue
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%