Tax

Effective Income Tax Rate

Medtronic Effective Income Tax Rate 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.

Analysis

StatementIncome Statement
SectionTax
First reportedQ1 2018
Last reportedQ3 2026Feb 24, 2026
Metric ID: tjx_effective_income_tax_rate

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 income tax rate?
Medtronic (MDT) reported effective income tax rate of $0.18 in Q4 2025.
How has Medtronic's effective income tax rate changed year-over-year?
Medtronic's effective income tax rate increased by 17.5% year-over-year, from $0.15 to $0.18.