Koninklijke Philips (PHG) Tax Rate (2009 - 2026)

Koninklijke Philips (PHG) recorded quarterly Tax Rate of 23.16% in Q1 2026, down 138.27% quarter-over-quarter from 60.52% in Q4 2025, and up 280.0% on a YoY basis from 6.09% in Q1 2025.

Koninklijke Philips (PHG) Tax Rate (2009 - 2026) Analysis & Trends

Koninklijke Philips' Tax Rate history runs 17 years deep, the most recent figure standing at 23.16% for Q1 2026.

  • In Q1 2026, Tax Rate rose 280.0% year-over-year to 23.16%; the TTM figure through Mar 2026 stood at 4.26% (down 9466.0% YoY), while the FY2025 annual figure was 23.86%, down 75907.0% from the prior year.
  • Tax Rate was 23.16% for Q1 2026 at Koninklijke Philips, down from 60.52% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 1614.29% in Q4 2022 to a low of 52.59% in Q2 2024.
  • Historically, Tax Rate has averaged 147.51% across 5 years, with a median of 12.3% in 2024.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 160977 bps in 2022, then slumped 162816 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 1614.29% in 2022, then plunged by 101 bps to 13.88% in 2023, then surged by 6193 bps to 845.61% in 2024, then plunged by 93 bps to 60.52% in 2025, then slumped by 138 bps to 23.16% in 2026.
  • The last three Tax Rate figures came in at 23.16% (Q1 2026), 60.52% (Q4 2025), and 31.64% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 25.67
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 12.35
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 18.09
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn -15.15
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 17.06
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -23.16
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 25.97
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 18.61
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 27.65
10 Zimmer Biomet Holdings 17.18 Bn 16.77 Bn 1.51 Bn 20.91

Historic Data

Download Data
DateValue
Mar 31, 2026 -23.16%
Mar 31, 2026 -23.16%
Dec 31, 2025 60.52%
Dec 31, 2025 60.52%
Sep 30, 2025 -31.64%
Sep 30, 2025 -31.64%
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 208.50%
Sep 30, 2024 208.50%
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%