Smith & Nephew (SNN) Change in Taxes (2009 - 2024)
Smith & Nephew (SNN) posted quarterly Change in Taxes of -$71.0 million for Q4 2024, down 12.7% year-on-year from -$81.3 million in Q1 2024, and down 12.7% on a QoQ basis from -$63.0 million in Q4 2023.
Smith & Nephew (SNN) Change in Taxes (2009 - 2024) Analysis & Trends
Smith & Nephew (SNN) has reported Change in Taxes for 16 consecutive years, with -$71.0 million the latest figure, recorded in Q4 2024.
- Quarterly Change in Taxes fell 12.7% year-over-year to -$71.0 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was -$179.0 million (down 28.78% YoY) and the FY2025 annual result came in at -$147.0 million, down 5.0% from the prior year.
- Change in Taxes retreated to -$71.0 million in Q4 2024 per SNN's latest filing, from -$63.0 million in the prior quarter.
- Over the last five years, Change in Taxes for SNN reached as high as $13.0 million in Q4 2022 and fell as low as -$71.0 million in Q4 2024.
- A 5-year average of -$42.0 million and a median of -$58.0 million in 2021 frame the typical range for Change in Taxes.
- Annual changes were most pronounced in 2022 — Change in Taxes soared 122.41% — and 2023, when it plunged 584.62%.
- Year by year, Change in Taxes stood at -$31.0 million in 2020, then slumped by 87.1% to -$58.0 million in 2021, then surged by 122.41% to $13.0 million in 2022, then tumbled by 584.62% to -$63.0 million in 2023, then fell by 12.7% to -$71.0 million in 2024.
- According to Business Quant data, Change in Taxes over the past three periods registered -$71.0 million, -$63.0 million, and $13.0 million for Q4 2024, Q4 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | - |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 42.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | - |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | - |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 41.90 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | - |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | - |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | - |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -71.00 Mn |
| Dec 31, 2024 | -71.00 Mn |
| Dec 31, 2023 | -63.00 Mn |
| Dec 31, 2023 | -63.00 Mn |
| Dec 31, 2022 | 13.00 Mn |
| Dec 31, 2022 | 13.00 Mn |
| Dec 31, 2021 | -58.00 Mn |
| Dec 31, 2021 | -58.00 Mn |
| Dec 31, 2020 | -31.00 Mn |
| Dec 31, 2020 | -31.00 Mn |
| Dec 31, 2019 | -150.00 Mn |
| Dec 31, 2019 | -150.00 Mn |
| Dec 31, 2018 | -125.00 Mn |
| Dec 31, 2018 | -125.00 Mn |
| Dec 31, 2017 | -135.00 Mn |
| Dec 31, 2017 | -135.00 Mn |
| Dec 31, 2016 | -141.00 Mn |
| Dec 31, 2016 | -141.00 Mn |
| Dec 31, 2015 | -137.00 Mn |
| Dec 31, 2015 | -137.00 Mn |