Bio-Techne (TECH) Tax Rate (2009 - 2026)
Bio-Techne's Tax Rate came in at 22.72% for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 0.06 percentage points from 22.67% a year earlier but down 5.61 percentage points from the prior quarter.
Bio-Techne (TECH) Tax Rate (2009 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Bio-Techne's Tax Rate was 24.44%, down 1.02 percentage points from FY2025.
- Tax Rate carries a five-year change of +18.64 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Tax Rate was 25.45% in FY2025 (+15.98 pp), 9.47% in FY2024 (-6.24 pp), 15.71% in FY2023 (+3.01 pp) and 12.70% in FY2022 (+6.91 pp).
- The five-year range for quarterly Tax Rate is -2.90% (fiscal Q1 2024) to 40.98% (fiscal Q3 2025).
- Year-over-year, Tax Rate increased in seven of the last eight quarters, with an average year-over-year change of +7.44 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q4 2022 (a gain of 127.55 percentage points), and the weakest in fiscal Q1 2022 (a drop of 17.48 percentage points).
- Business Quant data shows TECH's Tax Rate at 28.33% (Q3 2026), 25.16% (Q2 2026) and 20.43% (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 14.62% |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 18.41% |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 53.56% |
| 10 | Bio-Techne | 11.32 Bn | 10.53 Bn | 211.39 Mn | 22.72% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.72% |
| Mar 31, 2026 | 28.33% |
| Dec 31, 2025 | 25.16% |
| Sep 30, 2025 | 20.43% |
| Mar 31, 2025 | 40.98% |
| Dec 31, 2024 | 18.63% |
| Sep 30, 2024 | 16.36% |
| Jun 30, 2024 | 2.58% |
| Mar 31, 2024 | 19.69% |
| Dec 31, 2023 | 17.74% |
| Jun 30, 2023 | 14.53% |
| Mar 31, 2023 | 12.44% |
| Dec 31, 2022 | 24.72% |
| Sep 30, 2022 | 13.48% |
| Jun 30, 2022 | 21.68% |
| Mar 31, 2022 | 12.55% |
| Dec 31, 2021 | 16.38% |
| Dec 31, 2020 | 18.14% |
| Sep 30, 2020 | 15.11% |
| Jun 30, 2020 | 4.36% |
Bio-Techne 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=TECH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "TECH", "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=TECH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();