Abbott Laboratories (ABT) Tax Rate (2009 - 2026)
Abbott Laboratories' Tax Rate was 39.11% in Q2 2026, up 21.85 percentage points from 17.26% a year earlier and up 13.43 percentage points from the prior quarter.
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Analysis
Abbott Laboratories (ABT) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Abbott Laboratories' Tax Rate was 27.77% through Jun 30, 2026, up 104.77 percentage points year-over-year; for FY2025, it came in at 22.94%, up 114.04 percentage points from FY2024.
- Tax Rate shows a five-year change of +12.93 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was -91.10% in FY2024 (-105.22 pp), 14.12% in FY2023 (-2.41 pp), 16.53% in FY2022 (+2.65 pp) and 13.88% in FY2021 (+3.88 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q4 2017.
- Compared with a year earlier, Tax Rate has increased for four straight quarters, with an average year-over-year change of +6.89 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q4 2025 (a gain of 379.31 percentage points); the worst was Q4 2024 (a drop of 365.83 percentage points).
- Per Business Quant data, ABT's Tax Rate in the three quarters before Q2 2026 was 25.67% (Q1 2026), 24.68% (Q4 2025) and 24.59% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 14.62% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 53.56% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 18.41% |
| 10 | Agilent Technologies | 49.34 Bn | 42.23 Bn | 1.04 Bn | 18.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.11% |
| Mar 31, 2026 | 25.67% |
| Dec 31, 2025 | 24.68% |
| Sep 30, 2025 | 24.59% |
| Jun 30, 2025 | 17.26% |
| Mar 31, 2025 | 25.48% |
| Sep 30, 2024 | 15.15% |
| Jun 30, 2024 | 18.98% |
| Mar 31, 2024 | 14.69% |
| Dec 31, 2023 | 11.20% |
| Sep 30, 2023 | 14.06% |
| Jun 30, 2023 | 15.95% |
| Mar 31, 2023 | 15.62% |
| Dec 31, 2022 | 21.74% |
| Sep 30, 2022 | 18.37% |
| Jun 30, 2022 | 14.20% |
| Mar 31, 2022 | 14.92% |
| Dec 31, 2021 | 14.53% |
| Sep 30, 2021 | 15.76% |
| Jun 30, 2021 | 11.80% |
API Access
Abbott Laboratories Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=ABT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "ABT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=ABT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();