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 27.94% is in line with its 5-year average of 28.94%, near the high end of its 5-year range (-2.17%–32.35%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.37% below its 12-month average of 28.05%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 27.94%.
TAX RATE
27.94%
TAX RATE AVG TTM
28.05%
TAX RATE AVG 3Y
29.42%
TAX RATE AVG 5Y
28.94%
TAX RATE AVG 10Y
29.41%
TAX RATE AVG 15Y
29.41%
TAX RATE AVG 20Y
29.41%
CURRENT VS TTM AVG
-0.37%
CURRENT VS 3Y AVG
-5.02%
CURRENT VS 5Y AVG
-3.45%
CURRENT VS 10Y AVG
-4.99%
CURRENT VS 15Y AVG
-4.99%
CURRENT VS 20Y AVG
-4.99%
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 | 27.94% |
| 2026-03-31 | 27.76% |
| 2025-12-31 | 26.65% |
| 2025-09-30 | 28.11% |
| 2025-06-30 | 29.76% |
| 2025-03-31 | 28.82% |
| 2024-12-31 | 27.88% |
| 2024-06-30 | 31.65% |
| 2024-03-31 | 32.00% |
| 2023-12-31 | 29.90% |
| 2023-09-30 | 30.19% |
| 2023-06-30 | 32.35% |
| 2023-03-31 | 26.84% |
| 2022-12-31 | 26.92% |
| 2022-09-30 | 26.55% |
| 2022-03-31 | 27.56% |
| 2021-12-31 | 29.59% |
| 2021-09-30 | 30.43% |
| 2021-06-30 | -2.17% |
| 2021-03-31 | 28.76% |
| 2020-09-30 | 29.16% |
| 2020-06-30 | 30.97% |
| 2020-03-31 | 30.20% |
| 2019-12-31 | 30.24% |
| 2019-09-30 | 30.77% |
| 2019-06-30 | 29.80% |
| 2019-03-31 | 29.42% |
| 2018-12-31 | 29.11% |
| 2018-09-30 | 31.43% |
| 2018-06-30 | 28.71% |
| 2018-03-31 | 32.83% |
| 2017-12-31 | 49.95% |
| 2017-09-30 | 39.32% |
| 2017-06-30 | 40.24% |
| 2017-03-31 | 39.93% |
| 2007-06-30 | 3.57% |
| 2007-03-31 | 0.00% |
| 2004-09-30 | -1.99% |
| 2004-06-30 | 14.47% |
