Bio-Rad Laboratories (BIO) Tax Rate (2009 - 2026)
Bio-Rad Laboratories' Tax Rate came in at 31.49% for Q2 2026, up 8.25 percentage points from 23.24% a year earlier and up 7.90 percentage points from the prior quarter.
Bio-Rad Laboratories (BIO) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Bio-Rad Laboratories reported Tax Rate of 36.53%, up 7.45 percentage points year-over-year; for FY2025, it came in at 23.67%, up 2.39 percentage points from FY2024.
- Tax Rate carries a five-year change of +1.22 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 21.27% in FY2024 (-3.76 pp), 25.03% in FY2023 (+2.14 pp), 22.89% in FY2022 (+0.96 pp) and 21.93% in FY2021 (-0.52 pp).
- The Q2 2026 figure represents the highest quarterly Tax Rate since Q1 2017.
- Year-over-year, Tax Rate has increased for three consecutive quarters, with an average year-over-year change of +1.66 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2026 (a gain of 8.25 percentage points), and the weakest in Q4 2023 (a drop of 5.79 percentage points).
- Business Quant data shows BIO's Tax Rate at 23.59% (Q1 2026), 22.51% (Q4 2025) and 20.69% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 14.62% |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 18.41% |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 53.56% |
| 10 | Bio-Rad Laboratories | 10.10 Bn | 3.96 Bn | 345.80 Mn | 31.49% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.49% |
| Dec 31, 2025 | 22.51% |
| Jun 30, 2025 | 23.24% |
| Mar 31, 2025 | 23.26% |
| Sep 30, 2024 | 24.19% |
| Mar 31, 2024 | 21.83% |
| Dec 31, 2023 | 18.36% |
| Sep 30, 2023 | 22.50% |
| Mar 31, 2023 | 18.70% |
| Dec 31, 2022 | 24.15% |
| Sep 30, 2021 | 21.79% |
| Jun 30, 2021 | 20.98% |
| Mar 31, 2021 | 24.65% |
| Dec 31, 2020 | 22.21% |
| Sep 30, 2020 | 21.94% |
| Jun 30, 2020 | 22.43% |
| Mar 31, 2020 | 23.68% |
| Dec 31, 2019 | 20.87% |
| Jun 30, 2019 | 22.19% |
| Mar 31, 2019 | 23.25% |
Bio-Rad 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=BIO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "BIO", "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=BIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();