Boston Scientific (BSX) Tax Rate (2009 - 2026)
Boston Scientific (BSX) reported Tax Rate of 15.15% for Q1 2026, down 3167.0% on a YoY basis from 0.49% in Q1 2025, and down 453.41% sequentially from 4.29% in Q4 2025.
Boston Scientific (BSX) Tax Rate (2009 - 2026) Analysis & Trends
Boston Scientific (BSX) has 18 years of Tax Rate data on file, last reported at 15.15% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 3167.0% year-over-year to 15.15%; the trailing twelve-month figure through Mar 2026 stood at 4.89% (down 1342.0% YoY), and the FY2025 full-year result was 14.56%, down 454.0% from the prior year.
- Tax Rate eased to 15.15% in Q1 2026, from 4.29% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 64.39% in Q4 2022 to a low of 15.15% in Q1 2026.
- A 5-year average of 20.08% and a median of 19.49% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 4947 bps in 2022 and slumped 6420 bps in 2023, its largest moves.
- Tracing BSX's Tax Rate over 5 years: stood at 64.39% in 2022, then slumped by 100 bps to 0.2% in 2023, then surged by 1885 bps to 3.93% in 2024, then grew by 9 bps to 4.29% in 2025, then tumbled by 453 bps to 15.15% in 2026.
- Business Quant data shows BSX's Tax Rate at 15.15% in Q1 2026, 4.29% in Q4 2025, and 19.49% 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 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | 27.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -15.15% |
| Mar 31, 2026 | -15.15% |
| Mar 31, 2026 | -15.15% |
| Dec 31, 2025 | 4.29% |
| Dec 31, 2025 | 4.29% |
| Dec 31, 2025 | 4.29% |
| Sep 30, 2025 | 19.49% |
| Sep 30, 2025 | 19.49% |
| Sep 30, 2025 | 19.49% |
| Jun 30, 2025 | 15.52% |
| Jun 30, 2025 | 15.52% |
| Jun 30, 2025 | 15.52% |
| Mar 31, 2025 | 16.52% |
| Mar 31, 2025 | 16.52% |
| Mar 31, 2025 | 16.52% |
| Dec 31, 2024 | 3.93% |
| Dec 31, 2024 | 3.93% |
| Dec 31, 2024 | 3.93% |
| Sep 30, 2024 | 29.90% |
| Sep 30, 2024 | 29.90% |