Avantor (AVTR) Tax Rate (2018 - 2026)
Avantor (AVTR) recorded quarterly Tax Rate of 21.98% in Q1 2026, down 37.46% quarter-over-quarter from 35.15% in Q4 2025, and down 276.0% on a YoY basis from 12.49% in Q1 2025.
Avantor (AVTR) Tax Rate (2018 - 2026) Analysis & Trends
Avantor's Tax Rate history runs 9 years deep, the most recent figure standing at 21.98% for Q1 2026.
- In Q1 2026, Tax Rate fell 276.0% year-over-year to 21.98%; the TTM figure through Mar 2026 stood at 16.95% (down 3364.0% YoY), while the FY2025 annual figure was 20.15%, down 3682.0% from the prior year.
- Tax Rate was 21.98% for Q1 2026 at Avantor, down from 35.15% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 35.15% in Q4 2025 to a low of 461.54% in Q2 2023.
- Historically, Tax Rate has averaged 8.47% across 5 years, with a median of 20.59% in 2023.
- The sharpest annual moves came in 2023 and 2024: Tax Rate sank 47873 bps in 2023, then surged 48047 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 18.89% in 2022, then decreased by 7 bps to 17.57% in 2023, then decreased by 18 bps to 14.34% in 2024, then surged by 145 bps to 35.15% in 2025, then slumped by 37 bps to 21.98% in 2026.
- The last three Tax Rate figures came in at 21.98% (Q1 2026), 35.15% (Q4 2025), and 3.23% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 12.17% |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 194.87% |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 17.87% |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 20.62% |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 24.82% |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 18.75% |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | -60.95% |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 24.26% |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | -183.33% |
| 10 | Avantor | 6.47 Bn | 6.19 Bn | 500.70 Mn | 21.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.98% |
| Mar 31, 2026 | 21.98% |
| Dec 31, 2025 | 35.15% |
| Dec 31, 2025 | 35.15% |
| Sep 30, 2025 | -3.23% |
| Sep 30, 2025 | -3.23% |
| Jun 30, 2025 | 20.81% |
| Jun 30, 2025 | 20.81% |
| Mar 31, 2025 | 24.74% |
| Mar 31, 2025 | 24.74% |
| Dec 31, 2024 | 14.34% |
| Dec 31, 2024 | 14.34% |
| Sep 30, 2024 | 22.42% |
| Sep 30, 2024 | 22.42% |
| Jun 30, 2024 | 18.94% |
| Jun 30, 2024 | 18.94% |
| Mar 31, 2024 | 25.06% |
| Mar 31, 2024 | 25.06% |
| Dec 31, 2023 | 17.57% |
| Dec 31, 2023 | 17.57% |