Icon (ICLR) Tax Rate (2009 - 2026)
Icon (ICLR) posted quarterly Tax Rate of 21.28% for Q2 2026, down 3258.0% year-over-year from 0.67% in Q2 2025, and down 18.99% quarter-over-quarter from 17.88% in Q1 2026.
Icon (ICLR) Tax Rate (2009 - 2026) Analysis & Trends
Icon (ICLR) has reported Tax Rate for 18 consecutive years, with 21.28% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate fell 3258.0% year-over-year to 21.28%; the TTM figure through Jun 2026 stood at 15.69% (down 1266.0% YoY), while the FY2025 annual figure was 9.16%, up 112.0% from the prior year.
- Tax Rate slipped to 21.28% in Q2 2026 per ICLR's latest filing, from 17.88% in the prior quarter.
- Across five years, Tax Rate topped out at 16.2% in Q4 2023 and bottomed at 93.82% in Q3 2025.
- Historically, Tax Rate has averaged 13.58% across 5 years, with a median of 10.88% in 2023.
- Annual changes were most pronounced in 2023 — Tax Rate surged 2463 bps — and 2025, when it sank 7786 bps.
- Icon's Tax Rate stood at 8.43% in 2022, then jumped by 292 bps to 16.2% in 2023, then plunged by 72 bps to 4.58% in 2024, then tumbled by 1125 bps to 46.98% in 2025, then soared by 55 bps to 21.28% in 2026.
- Business Quant data shows ICLR's Tax Rate at 21.28% in Q2 2026, 17.88% in Q1 2026, and 46.98% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.78 Bn | 209.71 Bn | 8.34 Bn | 8.68% |
| 2 | Danaher | 139.83 Bn | 135.48 Bn | 3.61 Bn | 19.29% |
| 3 | Idexx Laboratories | 45.99 Bn | 45.79 Bn | 779.09 Mn | 18.89% |
| 4 | Agilent Technologies | 39.69 Bn | 37.88 Bn | 990.00 Mn | 16.91% |
| 5 | Iqvia Holdings | 39.31 Bn | 37.23 Bn | 1.44 Bn | 19.93% |
| 6 | Natera | 38.74 Bn | 37.64 Bn | 696.04 Mn | -0.35% |
| 7 | Illumina | 29.94 Bn | 28.77 Bn | 770.00 Mn | 20.38% |
| 8 | Mettler Toledo International | 28.55 Bn | 28.50 Bn | 650.22 Mn | 19.52% |
| 9 | Quest Diagnostics | 26.18 Bn | 25.55 Bn | 1.03 Bn | 21.36% |
| 10 | Icon | 12.56 Bn | 12.56 Bn | 479.29 Mn | -21.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -21.28% |
| Jun 30, 2026 | -21.28% |
| Jun 30, 2026 | -21.28% |
| Mar 31, 2026 | -17.88% |
| Mar 31, 2026 | -17.88% |
| Mar 31, 2026 | -17.88% |
| Dec 31, 2025 | -46.98% |
| Dec 31, 2025 | -46.98% |
| Dec 31, 2025 | -46.98% |
| Sep 30, 2025 | -93.82% |
| Sep 30, 2025 | -93.82% |
| Sep 30, 2025 | -93.82% |
| Jun 30, 2025 | 11.31% |
| Jun 30, 2025 | 11.31% |
| Jun 30, 2025 | 11.31% |
| Mar 31, 2025 | -11.23% |
| Mar 31, 2025 | -11.23% |
| Mar 31, 2025 | -11.23% |
| Dec 31, 2024 | 4.58% |
| Dec 31, 2024 | 4.58% |