Utah Medical Products (UTMD) Tax Rate (2010 - 2026)
Utah Medical Products (UTMD) posted quarterly Tax Rate of 18.16% for Q1 2026, down 301.0% year-over-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.
- In Q1 2026, Tax Rate fell 301.0% year-over-year to 18.16%; the TTM figure through Mar 2026 stood at 23.81% (up 469.0% YoY), while the FY2025 annual figure was 24.37%, up 774.0% from the prior year.
- Tax Rate for Q1 2026 stood at 18.16%, down from 37.15% in the prior quarter.
- The five-year high for Tax Rate was 77.31% in Q4 2024, with the low at 47.58% in Q4 2022.
- The 5-year median for Tax Rate is 18.79% (2023), against an average of 19.08%.
- The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 6765 bps in 2024, then plunged 4016 bps in 2025.
- Utah Medical Products' Tax Rate stood at 47.58% in 2022, then soared by 120 bps to 9.66% in 2023, then surged by 700 bps to 77.31% in 2024, then sank by 52 bps to 37.15% in 2025, then sank by 51 bps to 18.16% in 2026.
- Business Quant data shows UTMD's Tax Rate at 18.16% in Q1 2026, 37.15% in Q4 2025, and 20.49% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 135.11 Bn | 129.89 Bn | 1.96 Bn | 21.94% |
| 2 | Becton Dickinson | 52.51 Bn | 51.65 Bn | 2.32 Bn | 18.41% |
| 3 | Alcon | 35.73 Bn | 34.38 Bn | 1.68 Bn | 100.00% |
| 4 | Resmed | 33.94 Bn | 32.47 Bn | 861.22 Mn | 19.14% |
| 5 | Medline | 29.02 Bn | 26.34 Bn | 2.22 Bn | 40.85% |
| 6 | West Pharmaceutical Services | 24.95 Bn | 24.51 Bn | 329.20 Mn | 17.88% |
| 7 | Solventum | 15.28 Bn | 14.87 Bn | 1.29 Bn | 13.89% |
| 8 | Cooper Companies | 14.83 Bn | 14.69 Bn | 735.40 Mn | -60.95% |
| 9 | Baxter International | 13.65 Bn | 11.50 Bn | 1.03 Bn | 14.56% |
| 10 | Utah Medical Products | 226.70 Mn | 139.17 Mn | 4.76 Mn | 18.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.26% |
| Jun 30, 2026 | 18.26% |
| Jun 30, 2026 | 18.26% |
| 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% |