Koninklijke Philips (PHG) Tax Rate (2009 - 2026)
Koninklijke Philips (PHG) posted quarterly Tax Rate of 21.74% for Q2 2026, up 1446.0% year-over-year from 1.41% in Q2 2025, and up 6.13% quarter-over-quarter from 23.16% in Q1 2026.
Koninklijke Philips (PHG) Tax Rate (2009 - 2026) Analysis & Trends
Koninklijke Philips' Tax Rate history runs 18 years deep, the most recent figure standing at 21.74% for Q2 2026.
- In Q2 2026, Tax Rate rose 1446.0% year-over-year to 21.74%; the TTM figure through Jun 2026 stood at 23.02% (up 4277.0% YoY), while the FY2025 annual figure was 23.86%, down 75907.0% from the prior year.
- Tax Rate for Q2 2026 stood at 21.74%, up from 23.16% in the prior quarter.
- The five-year high for Tax Rate was 144.35% in Q2 2024, with the low at 1714.29% in Q4 2022.
- The 5-year median for Tax Rate is 25.53% (2023), against an average of 118.62%.
- The sharpest annual moves came in 2022 and 2023: Tax Rate sank 171880 bps in 2022, then surged 168919 bps in 2023.
- Koninklijke Philips' Tax Rate stood at 1714.29% in 2022, then surged by 99 bps to 25.1% in 2023, then plunged by 77 bps to 44.5% in 2024, then jumped by 65 bps to 15.67% in 2025, then plunged by 39 bps to 21.74% in 2026.
- Business Quant data shows PHG's Tax Rate at 21.74% in Q2 2026, 23.16% in Q1 2026, and 15.67% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.70 Bn | 194.09 Bn | 7.27 Bn | 39.11% |
| 2 | Stryker | 129.82 Bn | 126.34 Bn | 4.50 Bn | 18.41% |
| 3 | Medtronic | 120.34 Bn | 111.12 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 74.41 Bn | 73.88 Bn | 3.85 Bn | 14.62% |
| 5 | Edwards Lifesciences | 52.56 Bn | 48.31 Bn | 1.35 Bn | 53.56% |
| 6 | Dexcom | 34.76 Bn | 32.82 Bn | 830.00 Mn | 21.54% |
| 7 | GE HealthCare Technologies | 33.84 Bn | 31.73 Bn | 2.18 Bn | 17.17% |
| 8 | Koninklijke Philips | 26.44 Bn | 23.12 Bn | 4.55 Bn | -21.74% |
| 9 | Steris | 23.15 Bn | 22.67 Bn | 684.20 Mn | 26.51% |
| 10 | Zimmer Biomet Holdings | 19.42 Bn | 19.01 Bn | 1.54 Bn | 21.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -21.74% |
| Jun 30, 2026 | -21.74% |
| Jun 30, 2026 | -21.74% |
| Mar 31, 2026 | -23.16% |
| Mar 31, 2026 | -23.16% |
| Mar 31, 2026 | -23.16% |
| Dec 31, 2025 | -15.67% |
| Dec 31, 2025 | -15.67% |
| Dec 31, 2025 | -15.67% |
| Sep 30, 2025 | -29.05% |
| Sep 30, 2025 | -29.05% |
| Sep 30, 2025 | -29.05% |
| Jun 30, 2025 | -36.20% |
| Jun 30, 2025 | -36.20% |
| Jun 30, 2025 | -36.20% |
| Mar 31, 2025 | -25.96% |
| Mar 31, 2025 | -25.96% |
| Mar 31, 2025 | -25.96% |
| Dec 31, 2024 | -44.50% |
| Dec 31, 2024 | -44.50% |