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 26.52% is in line with its 5-year average of 26.14%, around the middle of its 5-year range (23.02%–32.73%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.75% below its 12-month average of 27.55%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
26.52%
TAX RATE AVG TTM
27.55%
TAX RATE AVG 3Y
25.92%
TAX RATE AVG 5Y
26.14%
TAX RATE AVG 10Y
28.24%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-3.75%
CURRENT VS 3Y AVG
+2.32%
CURRENT VS 5Y AVG
+1.44%
CURRENT VS 10Y AVG
-6.09%
CURRENT VS 15Y AVG
N/A
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 | 26.52% |
| 2026-03-31 | 24.14% |
| 2025-12-31 | 32.73% |
| 2025-09-30 | 28.26% |
| 2025-06-30 | 26.10% |
| 2025-03-31 | 23.02% |
| 2024-12-31 | 28.63% |
| 2024-09-30 | 27.69% |
| 2024-06-30 | 24.84% |
| 2024-03-31 | 25.99% |
| 2023-12-31 | 23.51% |
| 2023-09-30 | 27.26% |
| 2023-06-30 | 25.06% |
| 2023-03-31 | 26.80% |
| 2022-12-31 | 28.31% |
| 2022-09-30 | 26.53% |
| 2022-06-30 | 24.95% |
| 2022-03-31 | 25.96% |
| 2021-12-31 | 26.66% |
| 2021-09-30 | 26.40% |
| 2021-06-30 | 26.20% |
| 2021-03-31 | 25.14% |
| 2020-12-31 | 22.50% |
| 2020-09-30 | 24.90% |
| 2020-06-30 | 26.52% |
| 2019-06-30 | 30.51% |
| 2019-03-31 | -32.69% |
| 2018-12-31 | 4.05% |
| 2018-09-30 | 33.09% |
| 2018-06-30 | 33.45% |
| 2018-03-31 | 32.22% |
| 2017-12-31 | 60.17% |
| 2017-09-30 | 70.62% |
| 2017-06-30 | 230.75% |
| 2017-03-31 | 392.98% |
| 2016-12-31 | 40.04% |
| 2016-09-30 | 39.66% |
| 2016-06-30 | 40.06% |
| 2016-03-31 | 38.78% |
| 2015-12-31 | 37.98% |
