Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the tax rate high or low?
The tax rate of 26.93% is in line with its 5-year average of 25.04%, near the high end of its 5-year range (19.23%–27.92%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.43% above its 12-month average of 25.31%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 26.93%.
TAX RATE
26.93%
TAX RATE AVG TTM
25.31%
TAX RATE AVG 3Y
24.77%
TAX RATE AVG 5Y
25.04%
TAX RATE AVG 10Y
24.41%
TAX RATE AVG 15Y
25.83%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+6.43%
CURRENT VS 3Y AVG
+8.75%
CURRENT VS 5Y AVG
+7.58%
CURRENT VS 10Y AVG
+10.36%
CURRENT VS 15Y AVG
+4.27%
CURRENT VS 20Y AVG
N/A
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | TAX RATE |
|---|---|
| 2026-06-30 | 26.93% |
| 2026-03-31 | 22.70% |
| 2025-12-31 | 25.82% |
| 2025-09-30 | 24.73% |
| 2025-06-30 | 26.36% |
| 2025-03-31 | 21.37% |
| 2024-12-31 | 25.51% |
| 2024-09-30 | 26.11% |
| 2024-06-30 | 26.33% |
| 2024-03-31 | 25.72% |
| 2023-12-31 | 22.78% |
| 2023-09-30 | 23.78% |
| 2023-06-30 | 23.83% |
| 2023-03-31 | 22.01% |
| 2022-12-31 | 19.23% |
| 2022-09-30 | 23.69% |
| 2022-06-30 | 25.08% |
| 2022-03-31 | 27.92% |
| 2021-12-31 | 26.73% |
| 2021-09-30 | 26.65% |
| 2021-06-30 | 26.68% |
| 2021-03-31 | 18.97% |
| 2020-12-31 | 22.37% |
| 2020-09-30 | 23.56% |
| 2020-06-30 | 23.60% |
| 2020-03-31 | 14.17% |
| 2019-12-31 | 23.17% |
| 2019-09-30 | 24.38% |
| 2019-06-30 | 22.59% |
| 2019-03-31 | 16.75% |
| 2018-12-31 | 28.33% |
| 2018-09-30 | 20.34% |
| 2018-06-30 | 22.46% |
| 2018-03-31 | 18.67% |
| 2017-12-31 | 54.33% |
| 2017-09-30 | 32.26% |
| 2017-06-30 | 30.23% |
| 2017-03-31 | 33.18% |
| 2016-12-31 | 25.04% |
| 2016-09-30 | 14.58% |
| 2016-06-30 | 30.31% |
| 2016-03-31 | 32.91% |
| 2015-12-31 | -9.75% |
| 2015-09-30 | 29.94% |
| 2015-06-30 | 34.00% |
| 2015-03-31 | 37.41% |
| 2014-12-31 | 27.80% |
| 2014-09-30 | 32.29% |
| 2014-06-30 | 30.86% |
| 2014-03-31 | 34.90% |
| 2013-12-31 | 5.79% |
| 2013-09-30 | 35.39% |
| 2013-06-30 | 32.73% |
| 2013-03-31 | 23.97% |
| 2012-12-31 | 54.06% |
| 2012-09-30 | 36.30% |
| 2012-06-30 | 18.00% |
| 2012-03-31 | 27.81% |
| 2011-12-31 | 13.24% |
| 2011-06-30 | 34.08% |
| 2011-03-31 | 34.03% |
| 2010-12-31 | 39.73% |
| 2010-09-30 | 23.84% |
| 2010-06-30 | 34.42% |
| 2010-03-31 | 31.21% |
| 2009-09-30 | 30.91% |
| 2009-06-30 | 30.09% |
| 2009-03-31 | 32.02% |
| 2008-12-31 | 21.08% |
| 2008-09-30 | 20.98% |
