Solventum (SOLV) Tax Rate (2023 - 2026)
Solventum posted quarterly Tax Rate of 18.75% for Q1 2026, up 27928.0% year-on-year from N/an in Q1 2025, and up 317.5% on a QoQ basis from 8.62% in Q4 2025.
Solventum (SOLV) has 4 years of Tax Rate data on file, last reported at 18.75% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 27928.0% year-over-year to 18.75%; the trailing twelve-month figure through Mar 2026 stood at 15.32% (up 3570.0% YoY), and the FY2025 full-year result was 9.17%, down 1183.0% from the prior year.
- Tax Rate for Q1 2026 stood at 18.75%, up from 8.62% in the prior quarter.
- Across five years, Tax Rate topped out at 30.43% in Q4 2023 and bottomed at 260.53% in Q1 2025.
- The 4-year median for Tax Rate is 16.38% (2025), against an average of 16.15%.
- The widest annual swing landed in 2025, when Tax Rate sank 28849 bps; it then soared 27928 bps in 2026.
- A 4-year view of Tax Rate shows it stood at 30.43% in 2023, then sank by 530 bps to 130.77% in 2024, then surged by 93 bps to 8.62% in 2025, then surged by 317 bps to 18.75% in 2026.
- The last three Tax Rate figures came in at 18.75% (Q1 2026), 8.62% (Q4 2025), and 16.38% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 12.17 |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 194.87 |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 20.62 |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 24.82 |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 18.75 |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 31.95 |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 24.26 |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | -183.33 |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 22.40 |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | -370.26 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.75 |
| Mar 31, 2026 | 18.75 |
| Dec 31, 2025 | -8.62 |
| Dec 31, 2025 | -8.62 |
| Sep 30, 2025 | 16.38 |
| Sep 30, 2025 | 16.38 |
| Jun 30, 2025 | 12.62 |
| Jun 30, 2025 | 12.62 |
| Mar 31, 2025 | -260.53 |
| Mar 31, 2025 | -260.53 |
| Dec 31, 2024 | -130.77 |
| Dec 31, 2024 | -130.77 |
| Sep 30, 2024 | 26.95 |
| Sep 30, 2024 | 26.95 |
| Jun 30, 2024 | 7.29 |
| Jun 30, 2024 | 7.29 |
| Mar 31, 2024 | 27.96 |
| Mar 31, 2024 | 27.96 |
| Dec 31, 2023 | 30.43 |
| Dec 31, 2023 | 30.43 |
| Sep 30, 2023 | 8.00 |
| Sep 30, 2023 | 8.00 |
| Jun 30, 2023 | 22.28 |
| Jun 30, 2023 | 22.28 |
| Mar 31, 2023 | 19.28 |
| Mar 31, 2023 | 19.28 |