Koninklijke Philips (PHG) Tax Rate (2009 - 2026)
Koninklijke Philips' (PHG) quarterly Tax Rate came in at 23.16% in Q1 2026, up 280.0% year-on-year from 6.09% in Q1 2025, and up 61.73% quarter-over-quarter from 60.52% in Q4 2025.
Koninklijke Philips (PHG) Tax Rate (2009 - 2026) Analysis & Trends
Koninklijke Philips' Tax Rate history runs 18 years deep, the most recent figure standing at 23.16% for Q1 2026.
- On a quarterly basis, Tax Rate rose 280.0% year-over-year to 23.16% in Q1 2026; TTM through Mar 2026 was 49.76%, a 8361.0% increase from a year earlier, with the FY2025 full-year figure at 23.86%, down 75907.0% from the prior year.
- Tax Rate improved to 23.16% in Q1 2026 per PHG's latest filing, from 60.52% in the prior quarter.
- Across five years, Tax Rate topped out at 11.74% in Q1 2024 and bottomed at 844.74% in Q4 2024.
- The 5-year median for Tax Rate is 25.96% (2025), against an average of 72.06%.
- Across the five-year window, Tax Rate slumped 81964 bps in 2024 and jumped 78422 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 6.93% in 2022, then sank by 462 bps to 25.1% in 2023, then slumped by 3266 bps to 844.74% in 2024, then soared by 93 bps to 60.52% in 2025, then surged by 62 bps to 23.16% in 2026.
- Per Business Quant, the three latest PHG Tax Rate figures stand at 23.16% (Q1 2026), 60.52% (Q4 2025), and 75.64% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 25.67% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 12.35% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | -15.15% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 17.06% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 25.97% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -23.16% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 18.61% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | 27.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -23.16% |
| Mar 31, 2026 | -23.16% |
| Mar 31, 2026 | -23.16% |
| Dec 31, 2025 | -60.52% |
| Dec 31, 2025 | -60.52% |
| Dec 31, 2025 | -60.52% |
| Sep 30, 2025 | -75.64% |
| Sep 30, 2025 | -75.64% |
| Sep 30, 2025 | -75.64% |
| Jun 30, 2025 | -28.19% |
| Jun 30, 2025 | -28.19% |
| Jun 30, 2025 | -28.19% |
| Mar 31, 2025 | -25.96% |
| Mar 31, 2025 | -25.96% |
| Mar 31, 2025 | -25.96% |
| Dec 31, 2024 | -844.74% |
| Dec 31, 2024 | -844.74% |
| Dec 31, 2024 | -844.74% |
| Sep 30, 2024 | -26.32% |
| Sep 30, 2024 | -26.32% |