Koninklijke Philips (PHG) Tax Rate (2009 - 2026)
Koninklijke Philips' quarterly Tax Rate came in at 23.16% in Q1 2026, down 4912.0% year-on-year from 0.48% in Q1 2025, and up 61.73% quarter-over-quarter from 60.52% in Q4 2025.
Koninklijke Philips has reported Tax Rate for 17 years, with the latest figure at 23.16% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 4912.0% year-over-year to 23.16%; the trailing twelve-month figure through Mar 2026 stood at 11.62% (down 2175.0% YoY), and the FY2025 full-year result was 23.86%, down 75907.0% from the prior year.
- Tax Rate for Q1 2026 stood at 23.16%, up from 60.52% in the prior quarter.
- The five-year high for Tax Rate was 845.61% in Q4 2024, with the low at 208.1% in Q3 2024.
- Average Tax Rate over 5 years is 22.83%, with a median of 13.88% recorded in 2023.
- Year-over-year, Tax Rate soared 85949 bps in 2024 and plunged 90613 bps in 2025.
- Tracing PHG's Tax Rate over 5 years: stood at 6.93% in 2022, then slumped by 300 bps to 13.88% in 2023, then soared by 6193 bps to 845.61% in 2024, then sank by 107 bps to 60.52% in 2025, then soared by 62 bps to 23.16% in 2026.
- The last three Tax Rate figures came in at 23.16% (Q1 2026), 60.52% (Q4 2025), and 29.05% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 25.67 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 12.35 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 18.09 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | -15.15 |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 17.06 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -23.16 |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 25.97 |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 18.61 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 27.65 |
| 10 | Zimmer Biomet Holdings | 16.17 Bn | 15.75 Bn | 1.51 Bn | 20.91 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -23.16 |
| Mar 31, 2026 | -23.16 |
| Dec 31, 2025 | -60.52 |
| Dec 31, 2025 | -60.52 |
| Sep 30, 2025 | 29.05 |
| Sep 30, 2025 | 29.05 |
| Jun 30, 2025 | -21.54 |
| Jun 30, 2025 | -21.54 |
| Mar 31, 2025 | 25.96 |
| Mar 31, 2025 | 25.96 |
| Dec 31, 2024 | 845.61 |
| Dec 31, 2024 | 845.61 |
| Sep 30, 2024 | -208.10 |
| Sep 30, 2024 | -208.10 |
| Jun 30, 2024 | -52.59 |
| Jun 30, 2024 | -52.59 |
| Mar 31, 2024 | -12.30 |
| Mar 31, 2024 | -12.30 |
| Dec 31, 2023 | -13.88 |
| Dec 31, 2023 | -13.88 |
| Sep 30, 2023 | -45.38 |
| Sep 30, 2023 | -45.38 |
| Jun 30, 2023 | -36.21 |
| Jun 30, 2023 | -36.21 |
| Mar 31, 2023 | -2.21 |
| Mar 31, 2023 | -2.21 |
| Dec 31, 2022 | 6.93 |
| Dec 31, 2022 | 6.93 |
| Sep 30, 2022 | -8.98 |
| Sep 30, 2022 | -8.98 |
| Jun 30, 2022 | -3.95 |
| Jun 30, 2022 | -3.95 |
| Mar 31, 2022 | -30.59 |
| Mar 31, 2022 | -30.59 |
| Dec 31, 2021 | 77.44 |
| Dec 31, 2021 | 77.44 |
| Sep 30, 2021 | 26.29 |
| Sep 30, 2021 | 26.29 |
| Jun 30, 2021 | -42.31 |
| Jun 30, 2021 | -42.31 |
| Mar 31, 2021 | -32.00 |
| Mar 31, 2021 | -32.00 |
| Dec 31, 2020 | -19.87 |
| Dec 31, 2020 | -19.87 |
| Sep 30, 2020 | -14.90 |
| Sep 30, 2020 | -14.90 |
| Jun 30, 2020 | -13.27 |
| Jun 30, 2020 | -13.27 |
| Mar 31, 2020 | -214.29 |
| Mar 31, 2020 | -214.29 |
| Dec 31, 2019 | 187.22 |
| Dec 31, 2019 | 187.22 |
| Sep 30, 2019 | -25.09 |
| Sep 30, 2019 | -25.09 |
| Jun 30, 2019 | -22.16 |
| Jun 30, 2019 | -22.16 |
| Mar 31, 2019 | -27.85 |
| Mar 31, 2019 | -27.85 |
| Dec 31, 2018 | -56.76 |
| Dec 31, 2018 | -56.76 |
| Sep 30, 2018 | -25.88 |
| Sep 30, 2018 | -25.88 |
| Jun 30, 2018 | -25.30 |
| Jun 30, 2018 | -25.30 |
| Mar 31, 2018 | -22.95 |
| Mar 31, 2018 | -22.95 |
| Dec 31, 2017 | -276.98 |
| Dec 31, 2017 | -276.98 |
| Sep 30, 2017 | -16.87 |
| Sep 30, 2017 | -16.87 |
| Jun 30, 2017 | -27.02 |
| Jun 30, 2017 | -27.02 |
| Mar 31, 2017 | -32.98 |
| Mar 31, 2017 | -32.98 |
| Jun 30, 2015 | -22.77 |
| Jun 30, 2015 | -22.77 |
| Mar 31, 2015 | 43.06 |
| Mar 31, 2015 | 43.06 |
| Dec 31, 2014 | -14.05 |
| Dec 31, 2014 | -14.05 |
| Jun 30, 2013 | 29.14 |
| Jun 30, 2013 | 29.14 |
| Mar 31, 2013 | -31.08 |
| Mar 31, 2013 | -31.08 |
| Dec 31, 2012 | -57.99 |
| Dec 31, 2012 | -57.99 |
| Sep 30, 2012 | -29.59 |
| Sep 30, 2012 | -29.59 |
| Jun 30, 2012 | -30.56 |
| Jun 30, 2012 | -30.56 |
| Mar 31, 2012 | -23.31 |
| Mar 31, 2012 | -23.31 |
| Dec 31, 2011 | 55.60 |
| Dec 31, 2011 | 55.60 |
| Sep 30, 2011 | 29.14 |
| Sep 30, 2011 | 29.14 |
| Jun 30, 2011 | 15.91 |
| Jun 30, 2011 | 15.91 |
| Mar 31, 2011 | -29.34 |
| Mar 31, 2011 | -29.34 |
| Dec 31, 2010 | -30.93 |
| Dec 31, 2010 | -30.93 |
| Sep 30, 2010 | -10.54 |
| Sep 30, 2010 | -10.54 |
| Jun 30, 2010 | -27.07 |
| Jun 30, 2010 | -27.07 |
| Dec 31, 2009 | -20.96 |
| Dec 31, 2009 | -20.96 |