Tax
Effective Tax Rate
Thermo Fisher Scientific Effective Tax Rate decreased by 31.0% to $0.04 in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 31.0%, from $0.06 to $0.04.
Analysis
StatementIncome Statement
SectionTax
First reportedQ1 2015
Last reportedQ1 2026May 1, 2026
Metric ID:
gild_effective_tax_rateHistorical Data
5 periods
| Q1 '22 | Q1 '23 | Q1 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|
| Value | $0.21 | $0.21 | $0.21 | $0.06 | $0.04 |
| QoQ Change | — | +0.0% | +0.0% | -72.4% | -31.0% |
| YoY Change | — | +0.0% | +0.0% | -72.4% | -31.0% |
Range$0.04 – $0.21
CAGR-81.0%
Avg YoY Growth-25.9%
Median YoY Growth-15.5%
Current Streak2 quarters decline
Effective Tax Rate at Other Companies
Frequently Asked Questions
- What is Thermo Fisher Scientific's effective tax rate?
- Thermo Fisher Scientific (TMO) reported effective tax rate of $0.04 in Q1 2026.
- How has Thermo Fisher Scientific's effective tax rate changed year-over-year?
- Thermo Fisher Scientific's effective tax rate decreased by 31.0% year-over-year, from $0.06 to $0.04.