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Synopsys (SNPS) Tax Rate: 2009-2024

Historic Tax Rate for Synopsys (SNPS) over the last 12 years, with Oct 2024 value amounting to 6.59%.

  • Synopsys' Tax Rate fell 140.00% to 11.91% in Q2 2025 from the same period last year, while for Jul 2025 it was 4.17%, marking a year-over-year decrease of 198.00%. This contributed to the annual value of 6.59% for FY2024, which is 32.00% down from last year.
  • Synopsys' Tax Rate amounted to 6.59% in FY2024, which was down 4.65% from 6.91% recorded in FY2023.
  • Over the past 5 years, Synopsys' Tax Rate peaked at 12.63% during FY2022, and registered a low of 6.10% during FY2021.
  • Moreover, its 3-year median value for Tax Rate was 6.91% (2023), whereas its average is 8.71%.
  • In the last 5 years, Synopsys' Tax Rate spiked by 653bps in 2022 and then crashed by 572bps in 2023.
  • Synopsys' Tax Rate (Yearly) stood at 6.10% in 2021, then soared by 653bps to 12.63% in 2022, then tumbled by 572bps to 6.91% in 2023, then plummeted by 32bps to 6.59% in 2024.