Stryker (SYK) Tax Rate (2009 - 2026)
Stryker (SYK) recorded Tax Rate of 18.41% in Q2 2026, up 5.42 percentage points from 12.99% a year earlier and up 6.06 percentage points from the prior quarter.
Stryker (SYK) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Stryker's Tax Rate came in at 27.56% as of Jun 30, 2026, up 14.64 percentage points year-over-year; for FY2025, it was 28.09%, up 13.80 percentage points from FY2024.
- Annual Tax Rate has increased for three straight years, with a five-year change of +9.92 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 14.29% in FY2024 (+0.46 pp), 13.83% in FY2023 (+1.72 pp), 12.11% in FY2022 (-0.47 pp) and 12.58% in FY2021 (-5.59 pp).
- Quarterly Tax Rate has ranged from 6.77% in Q4 2023 to 50.21% in Q4 2025 over the past five years.
- On a year-over-year basis, Tax Rate rose in 1 of the last six quarters, with an average year-over-year change of -0.84 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 13.47 percentage points in Q4 2022, against a drop of 19.25 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 12.35% (Q1 2026), 50.21% (Q4 2025) and 16.52% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 262.61 Bn | 239.12 Bn | 5.13 Bn | 16.86% |
| 2 | Abbott Laboratories | 190.72 Bn | 164.59 Bn | 7.39 Bn | 25.26% |
| 3 | Danaher | 164.10 Bn | 143.75 Bn | 3.84 Bn | - |
| 4 | Intuitive Surgical | 160.78 Bn | 141.07 Bn | 2.08 Bn | 21.54% |
| 5 | Medtronic | 131.52 Bn | 96.77 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 125.31 Bn | 111.50 Bn | 4.25 Bn | 24.47% |
| 7 | Boston Scientific | 63.61 Bn | 59.04 Bn | 3.43 Bn | 20.87% |
| 8 | Edwards Lifesciences | 60.05 Bn | 43.26 Bn | 1.35 Bn | 17.02% |
| 9 | Becton Dickinson | 59.01 Bn | 56.16 Bn | 2.32 Bn | 18.41% |
| 10 | Agilent Technologies | 50.51 Bn | 43.39 Bn | 1.04 Bn | 18.47% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.47% |
| Jun 30, 2026 | 18.41% |
| Mar 31, 2026 | 12.35% |
| Dec 31, 2025 | 50.21% |
| Sep 30, 2025 | 16.52% |
| Jun 30, 2025 | 12.99% |
| Mar 31, 2025 | 14.40% |
| Sep 30, 2024 | 20.04% |
| Jun 30, 2024 | 17.33% |
| Mar 31, 2024 | 14.63% |
| Dec 31, 2023 | 6.77% |
| Sep 30, 2023 | 20.37% |
| Jun 30, 2023 | 17.91% |
| Mar 31, 2023 | 12.81% |
| Dec 31, 2022 | 26.02% |
| Jun 30, 2022 | 8.89% |
| Mar 31, 2022 | 16.32% |
| Dec 31, 2021 | 12.55% |
| Sep 30, 2021 | 11.52% |
| Jun 30, 2021 | 10.57% |
Stryker Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=SYK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SYK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SYK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();