Solventum (SOLV) Tax Rate (2023 - 2026)

Solventum (SOLV) posted Tax Rate of 18.75% for Q1 2026, up 317.5% on a QoQ basis from 8.62% in Q4 2025, and up 27928.0% year-over-year from N/an in Q1 2025.

Solventum (SOLV) Tax Rate (2023 - 2026) Analysis & Trends

Solventum's Tax Rate history runs 4 years deep, the most recent figure standing at 18.75% for Q1 2026.

  • Quarterly Tax Rate rose 27928.0% year-over-year to 18.75% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.32% (up 3570.0% YoY) and the FY2025 annual result came in at 9.17%, down 1183.0% from the prior year.
  • Tax Rate was 18.75% for Q1 2026 at Solventum, 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.
  • A 4-year average of 16.15% and a median of 16.38% in 2025 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2025 — Tax Rate slumped 28849 bps — and 2026, when it soared 27928 bps.
  • Solventum's Tax Rate stood at 30.43% in 2023, then plunged by 530 bps to 130.77% in 2024, then soared by 93 bps to 8.62% in 2025, then soared by 317 bps to 18.75% in 2026.
  • Business Quant data shows SOLV's Tax Rate at 18.75% in Q1 2026, 8.62% in Q4 2025, and 16.38% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Alcon 33,163,703.85 Bn 33,163,702.19 Bn 1.53 Bn -
2 Intuitive Surgical 119.67 Bn 114.45 Bn 1.96 Bn 21.94
3 Becton Dickinson 43.92 Bn 43.11 Bn 2.15 Bn 194.87
4 Medline 31.71 Bn 29.47 Bn 1.84 Bn 17.87
5 Resmed 28.46 Bn 26.80 Bn 890.98 Mn 20.62
6 West Pharmaceutical Services 23.80 Bn 23.28 Bn 296.40 Mn 24.82
7 Cooper Companies 13.77 Bn 13.63 Bn 735.40 Mn -60.95
8 Solventum 13.63 Bn 13.06 Bn 1.10 Bn 18.75
9 Align Technology 11.94 Bn 10.88 Bn 736.59 Mn 24.26
10 Baxter International 11.56 Bn 9.54 Bn 891.00 Mn -183.33

Historic Data

Download Data
DateValue
Mar 31, 2026 18.75
Mar 31, 2026 18.75
Mar 31, 2026 18.75
Dec 31, 2025 -8.62
Dec 31, 2025 -8.62
Dec 31, 2025 -8.62
Sep 30, 2025 16.38
Sep 30, 2025 16.38
Sep 30, 2025 16.38
Jun 30, 2025 12.62
Jun 30, 2025 12.62
Jun 30, 2025 12.62
Mar 31, 2025 -260.53
Mar 31, 2025 -260.53
Mar 31, 2025 -260.53
Dec 31, 2024 -130.77
Dec 31, 2024 -130.77
Dec 31, 2024 -130.77
Sep 30, 2024 26.95
Sep 30, 2024 26.95