Solventum (SOLV) Tax Rate (2023 - 2026)
Solventum (SOLV) reported Tax Rate of 18.75% for Q1 2026, up 27928.0% on a YoY basis from N/an in Q1 2025, and up 317.5% quarter-over-quarter from 8.62% in Q4 2025.
Solventum (SOLV) Tax Rate (2023 - 2026) Analysis & Trends
Solventum has reported Tax Rate for 4 years, with the latest figure 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.
- The five-year high for Tax Rate was 30.43% in Q4 2023, with the low at 260.53% in Q1 2025.
- Historically, Tax Rate has averaged 16.15% across 4 years, with a median of 16.38% in 2025.
- Annual changes were most pronounced in 2025 — Tax Rate tumbled 28849 bps — and 2026, when it soared 27928 bps.
- Solventum's Tax Rate stood at 30.43% in 2023, then slumped by 530 bps to 130.77% in 2024, then jumped by 93 bps to 8.62% in 2025, then jumped 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 | 148.09 Bn | 143.69 Bn | 1.83 Bn | 12.17% |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 194.87% |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 17.87% |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 20.62% |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 24.82% |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 18.75% |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | -60.95% |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 24.26% |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | -183.33% |
| 10 | Aptargroup | 7.72 Bn | 7.52 Bn | 351.91 Mn | 22.40% |
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% |