Bio-Rad Laboratories (BIO) Tax Rate (2009 - 2026)
Bio-Rad Laboratories (BIO) posted quarterly Tax Rate of 23.59% for Q1 2026, up 33.0% year-over-year from 17.73% in Q1 2025, and up 4.76% quarter-over-quarter from 22.51% in Q4 2025.
Bio-Rad Laboratories (BIO) Tax Rate (2009 - 2026) Analysis & Trends
Bio-Rad Laboratories (BIO) has reported Tax Rate for 18 consecutive years, with 23.59% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 33.0% year-over-year to 23.59%; the TTM figure through Mar 2026 stood at 24.07% (up 276.0% YoY), while the FY2025 annual figure was 23.67%, up 239.0% from the prior year.
- Tax Rate rose to 23.59% in Q1 2026 per BIO's latest filing, from 22.51% in the prior quarter.
- Across five years, Tax Rate topped out at 24.19% in Q3 2024 and bottomed at 18.36% in Q4 2023.
- Historically, Tax Rate has averaged 22.21% across 5 years, with a median of 22.51% in 2025.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 321 bps — and 2023, when it plunged 579 bps.
- Bio-Rad Laboratories' Tax Rate stood at 24.15% in 2022, then retreated by 24 bps to 18.36% in 2023, then climbed by 16 bps to 21.25% in 2024, then increased by 6 bps to 22.51% in 2025, then gained by 5 bps to 23.59% in 2026.
- Business Quant data shows BIO's Tax Rate at 23.59% in Q1 2026, 22.51% in Q4 2025, and 20.69% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.20 Bn | 194.60 Bn | 7.27 Bn | 39.11% |
| 2 | Stryker | 129.69 Bn | 126.21 Bn | 4.50 Bn | 18.41% |
| 3 | Medtronic | 120.14 Bn | 110.92 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 74.16 Bn | 73.62 Bn | 3.85 Bn | 14.62% |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn | 53.56% |
| 6 | Dexcom | 34.57 Bn | 32.62 Bn | 830.00 Mn | 21.54% |
| 7 | GE HealthCare Technologies | 34.09 Bn | 31.98 Bn | 2.18 Bn | 17.17% |
| 8 | Koninklijke Philips | 26.49 Bn | 23.17 Bn | 4.55 Bn | -21.74% |
| 9 | Steris | 23.19 Bn | 22.70 Bn | 684.20 Mn | 26.51% |
| 10 | Bio-Rad Laboratories | 9.99 Bn | 8.37 Bn | 345.80 Mn | 31.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.49% |
| Jun 30, 2026 | 31.49% |
| Jun 30, 2026 | 31.49% |
| Mar 31, 2026 | 23.59% |
| Mar 31, 2026 | 23.59% |
| Mar 31, 2026 | 23.59% |
| Dec 31, 2025 | 22.51% |
| Dec 31, 2025 | 22.51% |
| Dec 31, 2025 | 22.51% |
| Sep 30, 2025 | 20.69% |
| Sep 30, 2025 | 20.69% |
| Sep 30, 2025 | 20.69% |
| Jun 30, 2025 | 23.24% |
| Jun 30, 2025 | 23.24% |
| Jun 30, 2025 | 23.24% |
| Mar 31, 2025 | 23.26% |
| Mar 31, 2025 | 23.26% |
| Mar 31, 2025 | 23.26% |
| Dec 31, 2024 | 21.25% |
| Dec 31, 2024 | 21.25% |