Bio-Rad Laboratories (BIO) Tax Rate (2009 - 2026)

Bio-Rad Laboratories' (BIO) quarterly Tax Rate came in at 23.59% in Q1 2026, up 33.0% year-on-year from 17.73% in Q1 2025, and up 4.76% on a QoQ basis from 22.51% in Q4 2025.

Bio-Rad Laboratories (BIO) Tax Rate (2009 - 2026) Analysis & Trends

Bio-Rad Laboratories (BIO) has 18 years of Tax Rate data on file, last reported at 23.59% in Q1 2026.

  • On a quarterly basis, Tax Rate rose 33.0% year-over-year to 23.59% in Q1 2026; TTM through Mar 2026 was 24.07%, a 276.0% increase from a year earlier, with the FY2025 full-year figure at 23.67%, up 239.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 23.59%, up from 22.51% in the prior quarter.
  • Over the last five years, Tax Rate for BIO reached as high as 24.19% in Q3 2024 and fell as low as 18.36% in Q4 2023.
  • Historically, Tax Rate has averaged 22.21% across 5 years, with a median of 22.51% in 2025.
  • Across the five-year window, Tax Rate surged 321 bps in 2022 and slumped 579 bps in 2023, its largest moves.
  • Year by year, Tax Rate stood at 24.15% in 2022, then slipped by 24 bps to 18.36% in 2023, then increased by 16 bps to 21.25% in 2024, then gained by 6 bps to 22.51% in 2025, then climbed by 5 bps to 23.59% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 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 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 Bio-Rad Laboratories 8.53 Bn 6.97 Bn 309.40 Mn 23.59%

Historic Data

Download Data
DateValue
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%
Dec 31, 2024 21.25%
Sep 30, 2024 24.19%
Sep 30, 2024 24.19%