Stryker (SYK) Tax Rate (2009 - 2026)

Stryker's (SYK) quarterly Tax Rate came in at 12.35% in Q1 2026, down 204.0% year-on-year from 11.88% in Q1 2025, and down 75.4% on a QoQ basis from 50.21% in Q4 2025.

Stryker (SYK) Tax Rate (2009 - 2026) Analysis & Trends

Stryker (SYK) has 18 years of Tax Rate data on file, last reported at 12.35% in Q1 2026.

  • On a quarterly basis, Tax Rate fell 204.0% year-over-year to 12.35% in Q1 2026; TTM through Mar 2026 was 27.46%, a 1324.0% increase from a year earlier, with the FY2025 full-year figure at 28.09%, up 1380.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 12.35%, down from 50.21% in the prior quarter.
  • Over the last five years, Tax Rate for SYK reached as high as 50.21% in Q4 2025 and fell as low as 3.41% in Q4 2024.
  • Historically, Tax Rate has averaged 16.51% across 5 years, with a median of 15.47% in 2022.
  • Across the five-year window, Tax Rate sank 1925 bps in 2023 and surged 5361 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 26.02% in 2022, then sank by 74 bps to 6.77% in 2023, then slumped by 150 bps to 3.41% in 2024, then jumped by 1573 bps to 50.21% in 2025, then plunged by 75 bps to 12.35% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 12.35% in Q1 2026, 50.21% in Q4 2025, and 16.52% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 25.67%
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 12.35%
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 31.35%
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn -15.15%
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 17.06%
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 25.97%
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -23.16%
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 18.61%
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Steris 20.59 Bn 20.16 Bn 697.10 Mn 27.65%

Historic Data

Download Data
DateValue
Mar 31, 2026 12.35%
Mar 31, 2026 12.35%
Mar 31, 2026 12.35%
Dec 31, 2025 50.21%
Dec 31, 2025 50.21%
Dec 31, 2025 50.21%
Sep 30, 2025 16.52%
Sep 30, 2025 16.52%
Sep 30, 2025 16.52%
Jun 30, 2025 12.99%
Jun 30, 2025 12.99%
Jun 30, 2025 12.99%
Mar 31, 2025 14.40%
Mar 31, 2025 14.40%
Mar 31, 2025 14.40%
Dec 31, 2024 -3.41%
Dec 31, 2024 -3.41%
Dec 31, 2024 -3.41%
Sep 30, 2024 20.04%
Sep 30, 2024 20.04%