Enovis (LTS:0I1B) Tax Rate % : -4.44% (As of Dec. 2024)

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What is Enovis Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Enovis's Tax Expense for the three months ended in Dec. 2024 was $30 Mil. Enovis's Pre-Tax Income for the three months ended in Dec. 2024 was $-674 Mil. Therefore, Enovis's Tax Rate % for the quarter that ended in Dec. 2024 was -4.44%.

Enovis Tax Rate % Historical Data

The historical data trend for Enovis's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Enovis Tax Rate % Chart

Enovis Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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37.46

16.04

-1,745.77

19.80

-0.55

Enovis Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															59.93	9.34	32.57	21.35	-4.44

Enovis Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Enovis's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	4.492	/	-822.924
	=	-0.55 %

Enovis's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	29.9	/	-673.726
	=	-4.44 %

Enovis Tax Rate % Related Terms

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Enovis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Enovis Corp (LTS:0I1B) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

ENOV:USA C520:Germany

Address

2711 Centerville Road, Suite 400, Wilmington, DE, USA, 19808

Website

https://www.enovis.com

Enovis Corp is a medical technology company that offers medical devices and services across the continuum of patient care, from injury prevention to joint replacement to rehabilitation after surgery, injury, or degenerative disease. Its reportable segments are Prevention & Recovery (P&R) and Reconstructive (Recon). The company generates the maximum revenue from the Prevention & Recovery segment, which includes products that are used to treat patients with musculoskeletal conditions resulting from degenerative diseases, deformities, traumatic events, and sports-related injuries. The Reconstructive segment provides a suite of reconstructive joint products for the hip, knee, shoulder, elbow, foot, ankle, and surgical productivity tools. Geographically, it derives key revenue from the U.S.

Enovis Headlines

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