Abbott Laboratories (ABT) Tax Rate (2009 - 2026)
Abbott Laboratories (ABT) reported Tax Rate of 25.67% for Q1 2026, up 19.0% on a YoY basis from 21.57% in Q1 2025, and up 4.01% sequentially from 24.68% in Q4 2025.
Abbott Laboratories (ABT) Tax Rate (2009 - 2026) Analysis & Trends
Abbott Laboratories (ABT) has 18 years of Tax Rate data on file, last reported at 25.67% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 19.0% year-over-year to 25.67%; the trailing twelve-month figure through Mar 2026 stood at 22.87% (up 10645.0% YoY), and the FY2025 full-year result was 22.94%, up 11404.0% from the prior year.
- Tax Rate advanced to 25.67% in Q1 2026, from 24.68% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 25.67% in Q1 2026 to a low of 354.63% in Q4 2024.
- A 5-year average of 3.65% and a median of 15.95% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate tumbled 36583 bps in 2024 and jumped 37931 bps in 2025, its largest moves.
- Tracing ABT's Tax Rate over 5 years: stood at 21.74% in 2022, then slumped by 48 bps to 11.2% in 2023, then slumped by 3267 bps to 354.63% in 2024, then jumped by 107 bps to 24.68% in 2025, then increased by 4 bps to 25.67% in 2026.
- Business Quant data shows ABT's Tax Rate at 25.67% in Q1 2026, 24.68% in Q4 2025, and 24.59% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 25.67% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 12.35% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | -15.15% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 17.06% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 25.97% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -23.16% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 18.61% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | 27.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.67% |
| Mar 31, 2026 | 25.67% |
| Mar 31, 2026 | 25.67% |
| Dec 31, 2025 | 24.68% |
| Dec 31, 2025 | 24.68% |
| Dec 31, 2025 | 24.68% |
| Sep 30, 2025 | 24.59% |
| Sep 30, 2025 | 24.59% |
| Sep 30, 2025 | 24.59% |
| Jun 30, 2025 | 17.26% |
| Jun 30, 2025 | 17.26% |
| Jun 30, 2025 | 17.26% |
| Mar 31, 2025 | 25.48% |
| Mar 31, 2025 | 25.48% |
| Mar 31, 2025 | 25.48% |
| Dec 31, 2024 | -354.63% |
| Dec 31, 2024 | -354.63% |
| Dec 31, 2024 | -354.63% |
| Sep 30, 2024 | 15.15% |
| Sep 30, 2024 | 15.15% |