Tax

Effective Tax Rate, Continuing Operations

Medtronic Effective Tax Rate, Continuing Operations increased by 34.1% to $0.18 in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 17.5%, from $0.15 to $0.18. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2018
Last reportedQ3 2026Feb 24, 2026

How to read this metric

A lower rate generally indicates higher tax efficiency, while a significantly higher rate may suggest increased tax liabilities or geographic shifts in profitability.

Detailed definition

The ratio of income tax expense to income from continuing operations before taxes, representing the actual percentage of...

Peer comparison

Standard metric across all public companies; peers in the industrial gas sector typically target rates aligned with their geographic footprint.

Metric ID: cat_effective_tax_rate_continuing_operations

Historical Data

15 periods
 Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26Q2 '26Q3 '26
Value$0.08$0.12$0.07$0.11$0.69$0.11$0.33$0.31$0.09$0.17$0.18$0.15$0.20$0.14$0.18
QoQ Change+53.2%-43.2%+59.7%+542.1%-84.6%+215.1%-8.4%-69.9%+89.1%+3.4%-14.4%+27.3%-31.1%+34.1%
YoY Change+39.0%+482.2%+58.2%+212.1%-55.5%-13.2%-47.9%-41.2%+67.4%+12.6%-25.0%+17.5%
Range$0.07$0.69
CAGR+27.7%
Avg YoY Growth+58.9%
Median YoY Growth+15.1%

Frequently Asked Questions

What is Medtronic's effective tax rate, continuing operations?
Medtronic (MDT) reported effective tax rate, continuing operations of $0.18 in Q4 2025.
How has Medtronic's effective tax rate, continuing operations changed year-over-year?
Medtronic's effective tax rate, continuing operations increased by 17.5% year-over-year, from $0.15 to $0.18.
What does effective tax rate, continuing operations mean?
The actual percentage of pre-tax income paid in taxes from continuing business operations.