Sotera Health (SHC) Tax Rate (2020 - 2026)
Sotera Health (SHC) recorded quarterly Tax Rate of 37.6% in Q1 2026, down 25.64% quarter-over-quarter from 50.57% in Q4 2025, and up 2706.0% on a YoY basis from 1.34% in Q1 2025.
Sotera Health (SHC) Tax Rate (2020 - 2026) Analysis & Trends
Sotera Health's Tax Rate history runs 7 years deep, the most recent figure standing at 37.6% for Q1 2026.
- In Q1 2026, Tax Rate rose 2706.0% year-over-year to 37.6%; the TTM figure through Mar 2026 stood at 42.52% (down 2929.0% YoY), while the FY2025 annual figure was 47.16%, down 1386.0% from the prior year.
- Tax Rate was 37.6% for Q1 2026 at Sotera Health, down from 50.57% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 3006.38% in Q3 2023 to a low of 10.54% in Q1 2025.
- Historically, Tax Rate has averaged 215.26% across 5 years, with a median of 41.1% in 2023.
- The sharpest annual moves came in 2023 and 2024: Tax Rate surged 296610 bps in 2023, then tumbled 294614 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 15.53% in 2022, then soared by 165 bps to 41.1% in 2023, then jumped by 77 bps to 72.59% in 2024, then sank by 30 bps to 50.57% in 2025, then retreated by 26 bps to 37.6% in 2026.
- The last three Tax Rate figures came in at 37.6% (Q1 2026), 50.57% (Q4 2025), and 33.64% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | 18.18% |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 4.04% |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 16.68% |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 21.66% |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | 16.91% |
| 6 | Natera | 31.50 Bn | 30.40 Bn | 696.04 Mn | -0.35% |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | 17.99% |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 14.65% |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | 19.17% |
| 10 | Sotera Health | 4.72 Bn | 4.40 Bn | 147.07 Mn | 37.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.60% |
| Mar 31, 2026 | 37.60% |
| Dec 31, 2025 | 50.57% |
| Dec 31, 2025 | 50.57% |
| Sep 30, 2025 | 33.64% |
| Sep 30, 2025 | 33.64% |
| Jun 30, 2025 | 57.87% |
| Jun 30, 2025 | 57.87% |
| Mar 31, 2025 | 10.54% |
| Mar 31, 2025 | 10.54% |
| Dec 31, 2024 | 72.59% |
| Dec 31, 2024 | 72.59% |
| Sep 30, 2024 | 60.24% |
| Sep 30, 2024 | 60.24% |
| Jun 30, 2024 | 42.19% |
| Jun 30, 2024 | 42.19% |
| Mar 31, 2024 | 42.59% |
| Mar 31, 2024 | 42.59% |
| Dec 31, 2023 | 41.10% |
| Dec 31, 2023 | 41.10% |