Solventum (SOLV) Tax Rate (2023 - 2026)
Solventum's (SOLV) quarterly Tax Rate came in at 18.75% in Q1 2026, up 27928.0% YoY from N/an in Q1 2025, and up 317.5% on a QoQ basis from 8.62% in Q4 2025.
Solventum (SOLV) Tax Rate (2023 - 2026) Analysis & Trends
Solventum (SOLV) has 4 years of Tax Rate data on file, last reported at 18.75% in 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 advanced to 18.75% in Q1 2026, from 8.62% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 30.43% in Q4 2023 to a low of 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 tumbled 28849 bps — and 2026, when it soared 27928 bps.
- Tracing SOLV's Tax Rate over 4 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.32 Bn | 129.10 Bn | 1.96 Bn | 21.94% |
| 2 | Becton Dickinson | 52.44 Bn | 51.58 Bn | 2.32 Bn | 18.41% |
| 3 | Alcon | 35.73 Bn | 34.38 Bn | 1.68 Bn | 100.00% |
| 4 | Resmed | 33.72 Bn | 32.25 Bn | 861.22 Mn | 19.14% |
| 5 | Medline | 29.08 Bn | 26.41 Bn | 2.22 Bn | 40.85% |
| 6 | West Pharmaceutical Services | 25.02 Bn | 24.58 Bn | 329.20 Mn | 17.88% |
| 7 | Solventum | 15.39 Bn | 14.99 Bn | 1.29 Bn | 13.89% |
| 8 | Cooper Companies | 14.80 Bn | 14.66 Bn | 735.40 Mn | -60.95% |
| 9 | Baxter International | 13.62 Bn | 11.47 Bn | 1.03 Bn | 14.56% |
| 10 | Align Technology | 11.50 Bn | 10.40 Bn | 757.43 Mn | 27.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.89% |
| Jun 30, 2026 | 13.89% |
| Jun 30, 2026 | 13.89% |
| 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% |