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
DateValue
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