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 24.67% is 13% above its 5-year average of 21.86%, near the high end of its 5-year range (-18.92%–25.12%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.39% above its 12-month average of 24.58%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 24.67%.
TAX RATE
24.67%
TAX RATE AVG TTM
24.58%
TAX RATE AVG 3Y
23.27%
TAX RATE AVG 5Y
21.86%
TAX RATE AVG 10Y
21.03%
TAX RATE AVG 15Y
19.29%
TAX RATE AVG 20Y
21.19%
CURRENT VS TTM AVG
+0.39%
CURRENT VS 3Y AVG
+6.04%
CURRENT VS 5Y AVG
+12.88%
CURRENT VS 10Y AVG
+17.31%
CURRENT VS 15Y AVG
+27.91%
CURRENT VS 20Y AVG
+16.44%
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 | 24.67% |
| 2026-03-31 | 24.25% |
| 2025-12-31 | 25.12% |
| 2025-09-30 | 24.30% |
| 2025-06-30 | 24.55% |
| 2025-03-31 | 23.85% |
| 2024-12-31 | 22.31% |
| 2024-09-30 | 21.72% |
| 2024-06-30 | 15.65% |
| 2024-03-31 | 21.33% |
| 2023-12-31 | 14.43% |
| 2023-09-30 | 21.36% |
| 2023-06-30 | 22.49% |
| 2023-03-31 | 24.02% |
| 2022-12-31 | 20.46% |
| 2022-09-30 | 17.67% |
| 2022-06-30 | 20.55% |
| 2022-03-31 | -18.92% |
| 2021-12-31 | 20.83% |
| 2021-09-30 | 18.63% |
| 2021-06-30 | 21.55% |
| 2021-03-31 | 15.00% |
| 2020-12-31 | 15.16% |
| 2020-09-30 | 19.59% |
| 2020-06-30 | 17.71% |
| 2020-03-31 | 19.33% |
| 2019-12-31 | -21.29% |
| 2019-09-30 | 21.08% |
| 2019-06-30 | 30.27% |
| 2019-03-31 | 4.04% |
| 2018-12-31 | 2.56% |
| 2018-06-30 | -866.20% |
| 2017-03-31 | 45.95% |
| 2016-06-30 | 70.65% |
| 2016-03-31 | 4.17% |
| 2015-06-30 | 50.78% |
| 2015-03-31 | -45.85% |
| 2011-03-31 | 1.17% |
| 2008-03-31 | 43.01% |
| 2007-12-31 | 41.45% |
| 2007-03-31 | 33.78% |
| 2006-12-31 | 36.00% |
| 2006-09-30 | 36.00% |
| 2006-06-30 | 36.00% |
| 2006-03-31 | 36.00% |
| 2005-12-31 | 36.51% |
| 2005-09-30 | 36.50% |
| 2005-06-30 | 36.50% |
| 2005-03-31 | 36.50% |
| 2004-12-31 | 35.00% |
| 2004-09-30 | 35.00% |
| 2004-06-30 | 37.58% |
| 2004-03-31 | 37.53% |
| 2003-12-31 | 35.92% |
| 2003-09-30 | 35.18% |
| 2003-06-30 | 35.40% |
| 2003-03-31 | 36.00% |
| 2002-12-31 | 35.00% |
| 2002-09-30 | 35.00% |
