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 27.04% is in line with its 5-year average of 25.79%, near the high end of its 5-year range (-55.61%–37.78%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.63% above its 12-month average of 26.61%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 27.04%.
TAX RATE
27.04%
TAX RATE AVG TTM
26.61%
TAX RATE AVG 3Y
19.92%
TAX RATE AVG 5Y
25.79%
TAX RATE AVG 10Y
27.05%
TAX RATE AVG 15Y
30.78%
TAX RATE AVG 20Y
32.60%
CURRENT VS TTM AVG
+1.63%
CURRENT VS 3Y AVG
+35.73%
CURRENT VS 5Y AVG
+4.85%
CURRENT VS 10Y AVG
-0.02%
CURRENT VS 15Y AVG
-12.15%
CURRENT VS 20Y AVG
-17.06%
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 | 27.04% |
| 2026-03-31 | 26.62% |
| 2025-12-31 | 31.08% |
| 2025-09-30 | 21.69% |
| 2025-03-31 | 24.76% |
| 2024-12-31 | 37.78% |
| 2024-09-30 | 34.46% |
| 2024-03-31 | 25.63% |
| 2023-12-31 | -55.61% |
| 2023-09-30 | 23.21% |
| 2023-06-30 | 22.50% |
| 2023-03-31 | 26.70% |
| 2022-12-31 | 27.01% |
| 2022-09-30 | 26.88% |
| 2022-06-30 | 26.32% |
| 2022-03-31 | 26.27% |
| 2021-12-31 | 28.35% |
| 2021-09-30 | 22.69% |
| 2021-06-30 | 25.91% |
| 2021-03-31 | 25.22% |
| 2020-12-31 | 26.89% |
| 2020-09-30 | 24.09% |
| 2020-06-30 | 26.29% |
| 2020-03-31 | 24.47% |
| 2019-12-31 | 26.70% |
| 2019-09-30 | 23.01% |
| 2019-06-30 | 26.12% |
| 2019-03-31 | 25.87% |
| 2018-12-31 | 25.62% |
| 2018-09-30 | 26.47% |
| 2018-06-30 | 25.35% |
| 2018-03-31 | 20.65% |
| 2017-12-31 | 82.99% |
| 2017-09-30 | 34.36% |
| 2017-06-30 | 33.25% |
| 2017-03-31 | 32.37% |
| 2016-12-31 | 36.70% |
| 2016-09-30 | 37.46% |
| 2016-06-30 | 36.10% |
| 2016-03-31 | 35.78% |
| 2015-12-31 | 36.09% |
| 2015-09-30 | 36.72% |
| 2015-06-30 | 36.44% |
| 2015-03-31 | 35.77% |
| 2014-12-31 | 38.95% |
| 2014-09-30 | 36.60% |
| 2014-06-30 | 36.86% |
| 2014-03-31 | 36.31% |
| 2013-12-31 | 36.17% |
| 2013-09-30 | 37.12% |
| 2013-06-30 | 35.41% |
| 2013-03-31 | 34.57% |
| 2012-12-31 | 35.81% |
| 2012-09-30 | 35.85% |
| 2012-06-30 | 40.32% |
| 2012-03-31 | 38.72% |
| 2011-12-31 | 32.45% |
| 2011-09-30 | 38.33% |
| 2011-06-30 | 38.44% |
| 2011-03-31 | 38.21% |
| 2010-12-31 | 38.28% |
| 2010-09-30 | 37.39% |
| 2010-06-30 | 37.27% |
| 2010-03-31 | 37.36% |
| 2009-12-31 | 36.93% |
| 2009-09-30 | 37.82% |
| 2009-06-30 | 37.42% |
| 2009-03-31 | 39.11% |
| 2008-12-31 | 41.03% |
| 2008-09-30 | 38.44% |
| 2008-06-30 | 38.86% |
| 2008-03-31 | 39.06% |
| 2007-12-31 | 38.82% |
| 2007-09-30 | 39.23% |
| 2007-06-30 | 39.09% |
| 2007-03-31 | 37.40% |
| 2006-12-31 | 30.66% |
| 2006-09-30 | 31.64% |
| 2006-06-30 | 41.84% |
| 2006-03-31 | 39.51% |
| 2005-12-31 | 39.05% |
| 2005-09-30 | 38.73% |
| 2005-06-30 | 38.32% |
| 2005-03-31 | 38.07% |
| 2004-12-31 | 38.41% |
| 2004-09-30 | 38.22% |
| 2004-06-30 | 37.73% |
| 2004-03-31 | 36.99% |
| 2003-12-31 | 37.43% |
| 2003-09-30 | 38.34% |
| 2003-06-30 | 38.82% |
| 2003-03-31 | 38.77% |
| 2002-12-31 | 39.08% |
| 2002-09-30 | 38.64% |
