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| Date | Value |
|---|---|
| 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% |