Abbott Laboratories (ABT) Tax Rate (2009 - 2026)
Abbott Laboratories' (ABT) quarterly Tax Rate came in at 25.67% in Q1 2026, up 19.0% year-on-year from 21.57% in Q1 2025, and up 4.01% quarter-over-quarter from 24.68% in Q4 2025.
Abbott Laboratories (ABT) Tax Rate (2009 - 2026) Analysis & Trends
Abbott Laboratories has disclosed Tax Rate across 18 years of filings, most recently posting 25.67% for Q1 2026.
- Tax Rate for Q1 2026 came in at 25.67%, up 19.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.87% (up 10645.0% YoY), and the FY2025 annual result was 22.94%, up 11404.0% from the prior year.
- Tax Rate came in at 25.67% for Q1 2026 at Abbott Laboratories, up 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.
- The 5-year median for Tax Rate is 15.95% (2023), against an average of 3.65%.
- Across the five-year window, Tax Rate sank 36583 bps in 2024 and jumped 37931 bps in 2025, its largest moves.
- Abbott Laboratories' Tax Rate stood at 21.74% in 2022, then sank by 48 bps to 11.2% in 2023, then sank by 3267 bps to 354.63% in 2024, then surged by 107 bps to 24.68% in 2025, then rose by 4 bps to 25.67% in 2026.
- The last three Tax Rate figures came in at 25.67% (Q1 2026), 24.68% (Q4 2025), and 24.59% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 25.67 |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 12.35 |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 18.09 |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | -15.15 |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 17.06 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -23.16 |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 25.97 |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 18.61 |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 27.65 |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 Bn | 1.51 Bn | 20.91 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.67% |
| Mar 31, 2026 | 25.67% |
| Dec 31, 2025 | 24.68% |
| Dec 31, 2025 | 24.68% |
| Sep 30, 2025 | 24.59% |
| Sep 30, 2025 | 24.59% |
| Jun 30, 2025 | 17.26% |
| Jun 30, 2025 | 17.26% |
| Mar 31, 2025 | 25.48% |
| Mar 31, 2025 | 25.48% |
| Dec 31, 2024 | -354.63% |
| Dec 31, 2024 | -354.63% |
| Sep 30, 2024 | 15.15% |
| Sep 30, 2024 | 15.15% |
| Jun 30, 2024 | 18.98% |
| Jun 30, 2024 | 18.98% |
| Mar 31, 2024 | 14.69% |
| Mar 31, 2024 | 14.69% |
| Dec 31, 2023 | 11.20% |
| Dec 31, 2023 | 11.20% |