Tax

Tax Reconciliation, Enacted Tax Rate Change

Thermo Fisher Scientific Tax Reconciliation, Enacted Tax Rate Change decreased by 100.0% to $0.00 in Q1 2026 compared to the prior quarter.

Analysis

StatementIncome Statement
SectionTax
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ1 2025
Last reportedQ1 2026May 1, 2026

How to read this metric

A positive impact indicates a benefit from tax law changes, while a negative impact indicates a higher future tax burden.

Detailed definition

This metric measures the impact on the deferred tax assets and liabilities resulting from changes in enacted tax laws or...

Peer comparison

Commonly disclosed during periods of significant tax reform or legislative shifts.

Metric ID: cop_tax_reconciliation_enacted_tax_rate_change

Historical Data

2 periods
 Q1 '25Q1 '26
Value00
QoQ Change-100.0%
YoY Change-100.0%
Range00
Avg YoY Growth-100.0%
Median YoY Growth-100.0%

Frequently Asked Questions

What is Thermo Fisher Scientific's tax reconciliation, enacted tax rate change?
Thermo Fisher Scientific (TMO) reported tax reconciliation, enacted tax rate change of $0.00 in Q1 2026.
What does tax reconciliation, enacted tax rate change mean?
The effect on tax expenses caused by changes in government tax laws.