Sotera Health (SHC) Tax Rate (2020 - 2026)
Sotera Health (SHC) posted Tax Rate of 31.27% for Q2 2026, down 16.84% on a QoQ basis from 37.6% in Q1 2026, and down 2659.0% year-over-year from 1.22% in Q2 2025.
Analysis
Sotera Health (SHC) Tax Rate (2020 - 2026) Analysis & Trends
Sotera Health has reported Tax Rate for 7 years, with the latest figure at 31.27% in Q2 2026.
- On a quarterly basis, Tax Rate fell 2659.0% year-over-year to 31.27% in Q2 2026; TTM through Jun 2026 was 38.1%, a 3573.0% decrease from a year earlier, with the FY2025 full-year figure at 47.16%, down 1386.0% from the prior year.
- Tax Rate was 31.27% for Q2 2026 at Sotera Health, down from 37.6% in the prior quarter.
- The five-year high for Tax Rate was 3006.38% in Q3 2023, with the low at 10.54% in Q1 2025.
- Average Tax Rate over 5 years is 205.04%, with a median of 40.69% recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Rate soared 296610 bps in 2023, then slumped 294614 bps in 2024.
- Over 5 years, Tax Rate stood at 15.53% in 2022, then jumped by 165 bps to 41.1% in 2023, then surged by 77 bps to 72.59% in 2024, then plunged by 30 bps to 50.57% in 2025, then slumped by 38 bps to 31.27% in 2026.
- The last three Tax Rate figures came in at 31.27% (Q2 2026), 37.6% (Q1 2026), and 50.57% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn | 0.45% |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn | 21.36% |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn | 22.59% |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn | -0.15% |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn | 3.51% |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn | -3.75% |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn | 31.27% |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn | -7.13% |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn | - |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.27% |
| Mar 31, 2026 | 37.60% |
| Dec 31, 2025 | 50.57% |
| Sep 30, 2025 | 33.64% |
| Jun 30, 2025 | 57.87% |
| Mar 31, 2025 | 10.54% |
| Dec 31, 2024 | 72.59% |
| Sep 30, 2024 | 60.24% |
| Jun 30, 2024 | 42.19% |
| Mar 31, 2024 | 42.59% |
| Dec 31, 2023 | 41.10% |
| Sep 30, 2023 | 3,006.38% |
| Jun 30, 2023 | 31.82% |
| Mar 31, 2023 | 47.39% |
| Dec 31, 2022 | 15.53% |
| Sep 30, 2022 | 40.28% |
| Jun 30, 2022 | 36.77% |
| Mar 31, 2022 | 32.31% |
| Dec 31, 2021 | 38.71% |
| Sep 30, 2021 | 33.23% |