Icon (ICLR) Tax Rate (2009 - 2026)
Icon's Tax Rate was 23.46% in the quarter ended Sep 30, 2026, up 2.19 percentage points from the prior quarter.
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Analysis
Icon (ICLR) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Icon's Tax Rate was 16.51% through Sep 30, 2026; for the year ended Dec 31, 2025, it came in at 9.16%, up 1.12 percentage points from the prior year.
- Tax Rate shows a five-year change of -3.40 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Tax Rate was 8.04% in the year ended Dec 31, 2024 (+4.83 pp), 3.21% in the year ended Dec 31, 2023 (-7.25 pp), 10.46% in the year ended Dec 31, 2022 (-10.55 pp) and 21.02% in the year ended Dec 31, 2021 (+8.46 pp).
- The figure for the quarter ended Sep 30, 2026 marks the highest quarterly Tax Rate since the quarter ended Jun 30, 2012.
- The best year-over-year quarter for Tax Rate over five years was the quarter ended Mar 31, 2026 (a gain of 6.65 percentage points); the worst was the quarter ended Dec 31, 2022 (a drop of 7.49 percentage points).
- Per Business Quant data, ICLR's Tax Rate in the three quarters before the quarter ended Sep 30, 2026 was 21.28% (quarter ended Jun 30, 2026), 17.88% (quarter ended Mar 31, 2026) and 6.65% (quarter ended Dec 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 42.58 Bn | 33.96 Bn | 1.50 Bn | 19.69% |
| 2 | Medpace Holdings | 18.13 Bn | 15.77 Bn | 223.89 Mn | 19.57% |
| 3 | Charles River Laboratories International | 16.15 Bn | 15.39 Bn | 363.37 Mn | 101.43% |
| 4 | Icon | 15.71 Bn | 12.48 Bn | 491.83 Mn | 23.46% |
| 5 | Fortrea Holdings | 1.93 Bn | 1.22 Bn | 139.50 Mn | - |
| 6 | Ginkgo Bioworks Holdings | 627.55 Mn | -134.53 Mn | 18.44 Mn | - |
| 7 | Evotec SE | 540.45 Mn | -1.07 Bn | - | - |
| 8 | Champions Oncology | 68.48 Mn | 44.13 Mn | 7.70 Mn | - |
| 9 | MindWalk Holdings | 51.38 Mn | 15.04 Mn | 1.61 Mn | - |
| 10 | Natural Alternatives International | 6.45 Mn | -21.63 Mn | 1.73 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.46% |
| Jun 30, 2026 | 21.28% |
| Mar 31, 2026 | 17.88% |
| Dec 31, 2025 | 6.65% |
| Mar 31, 2025 | 11.23% |
| Sep 30, 2024 | 15.96% |
| Jun 30, 2024 | 13.71% |
| Mar 31, 2024 | 13.13% |
| Sep 30, 2023 | 9.91% |
| Jun 30, 2023 | 7.69% |
| Mar 31, 2023 | 10.87% |
| Dec 31, 2022 | 8.43% |
| Sep 30, 2022 | 11.53% |
| Jun 30, 2022 | 10.89% |
| Mar 31, 2022 | 10.54% |
| Dec 31, 2021 | 15.93% |
| Jun 30, 2021 | 15.97% |
| Mar 31, 2021 | 14.22% |
| Dec 31, 2020 | 13.00% |
| Sep 30, 2020 | 13.00% |
API Access
Icon Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=ICLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "ICLR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=ICLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();