Icon (ICLR) Tax Rate (2009 - 2026)

Icon (ICLR) posted quarterly Tax Rate of 17.88% for Q1 2026, down 665.0% YoY from 3.16% in Q1 2025, and up 61.94% sequentially from 46.98% in Q4 2025.

Icon (ICLR) Tax Rate (2009 - 2026) Analysis & Trends

Icon has disclosed Tax Rate across 18 years of filings, most recently posting 17.88% for Q1 2026.

  • In Q1 2026, Tax Rate fell 665.0% year-over-year to 17.88%; the TTM figure through Mar 2026 stood at 9.66% (up 1801.0% YoY), while the FY2025 annual figure was 9.16%, up 112.0% from the prior year.
  • Tax Rate climbed to 17.88% in Q1 2026, from 46.98% in the prior quarter.
  • Over the last five years, Tax Rate for ICLR reached as high as 16.2% in Q4 2023 and fell as low as 93.82% in Q3 2025.
  • The 5-year median for Tax Rate is 10.89% (2022), against an average of 14.6%.
  • The widest YoY moves for Tax Rate: up 2728 bps in 2025, down 7786 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 8.43% in 2022, then soared by 292 bps to 16.2% in 2023, then sank by 72 bps to 4.58% in 2024, then plunged by 1125 bps to 46.98% in 2025, then soared by 62 bps to 17.88% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 17.88%, 46.98%, and 93.82% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 18.18%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 4.04%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 16.68%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 21.66%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -0.35%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 16.91%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 17.99%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 14.65%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 19.17%
10 Icon 13.41 Bn 12.64 Bn 477.93 Mn -17.88%

Historic Data

Download Data
DateValue
Mar 31, 2026 -17.88%
Mar 31, 2026 -17.88%
Dec 31, 2025 -46.98%
Dec 31, 2025 -46.98%
Sep 30, 2025 -93.82%
Sep 30, 2025 -93.82%
Jun 30, 2025 13.57%
Jun 30, 2025 13.57%
Mar 31, 2025 -11.23%
Mar 31, 2025 -11.23%
Dec 31, 2024 4.58%
Dec 31, 2024 4.58%
Sep 30, 2024 -15.96%
Sep 30, 2024 -15.96%
Jun 30, 2024 -13.71%
Jun 30, 2024 -13.71%
Mar 31, 2024 -13.13%
Mar 31, 2024 -13.13%
Dec 31, 2023 16.20%
Dec 31, 2023 16.20%