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 🔒
DateValue
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