Icon (ICLR) Tax Rate (2009 - 2026)
Icon's Tax Rate was -21.28% in the quarter ended Jun 30, 2026, down 32.58 percentage points from 11.31% a year earlier and down 3.40 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 -21.27% through Jun 30, 2026, down 18.50 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at -7.11%, up 3.36 percentage points from the prior year.
- Tax Rate shows a five-year change of +5.45 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Tax Rate was -10.47% in the year ended Dec 31, 2024 (-7.26 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).
- Quarterly Tax Rate has moved between -93.82% (the quarter ended Sep 30, 2025) and 11.67% (the quarter ended Dec 31, 2023) over five years.
- Compared with a year earlier, Tax Rate has declined for four straight quarters, with an average year-over-year change of -16.05 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was the quarter ended Jun 30, 2025 (a gain of 25.02 percentage points); the worst was the quarter ended Sep 30, 2025 (a drop of 77.86 percentage points).
- Per Business Quant data, ICLR's Tax Rate in the three quarters before the quarter ended Jun 30, 2026 was -17.88% (quarter ended Mar 31, 2026), -6.67% (quarter ended Dec 31, 2025) and -93.82% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 43.61 Bn | 35.31 Bn | 1.44 Bn | 19.93% |
| 2 | Medpace Holdings | 17.34 Bn | 15.40 Bn | 201.64 Mn | 19.98% |
| 3 | Charles River Laboratories International | 14.63 Bn | 13.82 Bn | 363.37 Mn | 101.43% |
| 4 | Icon | 13.16 Bn | 10.27 Bn | 479.29 Mn | 21.28% |
| 5 | Fortrea Holdings | 2.02 Bn | 1.40 Bn | 139.20 Mn | - |
| 6 | Ginkgo Bioworks Holdings | 723.40 Mn | -38.68 Mn | 18.44 Mn | - |
| 7 | Evotec SE | 502.55 Mn | -1.11 Bn | - | - |
| 8 | Champions Oncology | 66.57 Mn | 41.65 Mn | 7.70 Mn | - |
| 9 | MindWalk Holdings | 63.08 Mn | 26.73 Mn | 1.61 Mn | - |
| 10 | Natural Alternatives International | 6.81 Mn | -21.27 Mn | 1.73 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.28% |
| Mar 31, 2026 | 17.88% |
| Sep 30, 2025 | 93.82% |
| 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% |
| Jun 30, 2020 | 11.83% |
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();