Abbott Laboratories (ABT) Tax Rate (2009 - 2026)
Abbott Laboratories' (ABT) quarterly Tax Rate came in at 39.11% in Q2 2026, up 2185.0% year-over-year from 1.71% in Q2 2025, and up 52.33% quarter-over-quarter from 25.67% in Q1 2026.
Analysis
Abbott Laboratories (ABT) Tax Rate (2009 - 2026) Analysis & Trends
Abbott Laboratories has disclosed Tax Rate across 18 years of filings, most recently posting 39.11% for Q2 2026.
- In Q2 2026, Tax Rate rose 2185.0% year-over-year to 39.11%; the TTM figure through Jun 2026 stood at 27.77% (up 10477.0% YoY), while the FY2025 annual figure was 22.94%, up 11404.0% from the prior year.
- Tax Rate came in at 39.11% for Q2 2026 at Abbott Laboratories, up from 25.67% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 39.11% in Q2 2026 to a low of 354.63% in Q4 2024.
- Average Tax Rate over 5 years is 1.28%, with a median of 16.6% recorded in 2023.
- Year-over-year, Tax Rate plunged 36583 bps in 2024 and surged 37931 bps in 2025.
- Over 5 years, Tax Rate stood at 21.74% in 2022, then tumbled by 48 bps to 11.2% in 2023, then tumbled by 3267 bps to 354.63% in 2024, then surged by 107 bps to 24.68% in 2025, then soared by 58 bps to 39.11% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 39.11% in Q2 2026, 25.67% in Q1 2026, and 24.68% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 187.42 Bn | 182.47 Bn | 7.27 Bn | 39.11% |
| 2 | Intuitive Surgical | 129.78 Bn | 124.69 Bn | 1.96 Bn | 21.94% |
| 3 | Medtronic | 120.53 Bn | 112.33 Bn | 6.34 Bn | 16.34% |
| 4 | Stryker | 116.28 Bn | 112.80 Bn | 4.50 Bn | 18.41% |
| 5 | Boston Scientific | 69.29 Bn | 68.99 Bn | 3.85 Bn | 14.62% |
| 6 | Edwards Lifesciences | 51.83 Bn | 47.68 Bn | 1.35 Bn | 53.56% |
| 7 | Alcon | 34.36 Bn | 32.91 Bn | 1.68 Bn | -100.00% |
| 8 | Dexcom | 33.17 Bn | 31.23 Bn | 830.00 Mn | 21.54% |
| 9 | Steris | 21.90 Bn | 21.43 Bn | 684.20 Mn | 26.51% |
| 10 | Zimmer Biomet Holdings | 18.70 Bn | 18.30 Bn | 1.54 Bn | 21.76% |
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% |
| Dec 31, 2024 | -354.63% |
| 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% |