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| Date | Value |
|---|---|
| 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 |