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 22.25% is 23% below its 5-year average of 29.01%, near the low end of its 5-year range (19.84%–71.31%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.48% below 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): 22.25%.
TAX RATE
22.25%
TAX RATE AVG TTM
24.58%
TAX RATE AVG 3Y
27.90%
TAX RATE AVG 5Y
29.01%
TAX RATE AVG 10Y
27.77%
TAX RATE AVG 15Y
21.67%
TAX RATE AVG 20Y
25.41%
CURRENT VS TTM AVG
-9.48%
CURRENT VS 3Y AVG
-20.23%
CURRENT VS 5Y AVG
-23.30%
CURRENT VS 10Y AVG
-19.88%
CURRENT VS 15Y AVG
+2.70%
CURRENT VS 20Y AVG
-12.42%
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 | 22.25% |
| 2026-03-31 | 20.14% |
| 2025-12-31 | 27.53% |
| 2025-06-30 | 28.41% |
| 2024-12-31 | 28.12% |
| 2024-09-30 | 27.76% |
| 2024-06-30 | 35.01% |
| 2023-12-31 | 31.11% |
| 2023-09-30 | 31.20% |
| 2023-06-30 | 27.43% |
| 2023-03-31 | 29.70% |
| 2022-12-31 | 33.23% |
| 2022-09-30 | 28.40% |
| 2022-06-30 | 29.00% |
| 2022-03-31 | 26.99% |
| 2021-09-30 | 19.84% |
| 2021-06-30 | 71.31% |
| 2019-03-31 | 13.17% |
| 2018-12-31 | -186.46% |
| 2018-09-30 | 30.66% |
| 2017-12-31 | 263.52% |
| 2017-09-30 | 36.09% |
| 2017-06-30 | 44.25% |
| 2017-03-31 | 29.40% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.31% |
| 2015-12-31 | -436.31% |
| 2015-09-30 | 0.81% |
| 2015-06-30 | 0.52% |
| 2015-03-31 | 0.15% |
| 2014-12-31 | -0.42% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
| 2014-03-31 | 0.30% |
| 2013-09-30 | 200.86% |
| 2012-06-30 | 31.27% |
| 2012-03-31 | 32.75% |
| 2010-12-31 | 46.74% |
| 2010-06-30 | 37.79% |
| 2010-03-31 | 39.68% |
| 2009-09-30 | 35.84% |
| 2009-06-30 | -750.00% |
| 2009-03-31 | 38.25% |
| 2008-12-31 | 36.82% |
| 2008-09-30 | 37.97% |
| 2008-06-30 | 38.46% |
| 2008-03-31 | 38.00% |
| 2007-12-31 | 21.13% |
| 2007-09-30 | 36.03% |
| 2007-06-30 | 34.77% |
| 2007-03-31 | 37.73% |
| 2006-12-31 | 20.53% |
| 2006-09-30 | 40.07% |
| 2006-06-30 | 39.86% |
| 2006-03-31 | 39.94% |
| 2005-12-31 | 29.23% |
| 2005-09-30 | 39.91% |
| 2005-06-30 | 40.64% |
| 2005-03-31 | 40.00% |
| 2004-12-31 | 40.06% |
| 2004-09-30 | 39.94% |
| 2004-06-30 | 39.97% |
| 2004-03-31 | 39.97% |
| 2003-12-31 | 38.52% |
| 2003-09-30 | 36.94% |
| 2003-06-30 | 38.83% |
| 2003-03-31 | 38.82% |
| 2002-12-31 | 38.29% |
| 2002-09-30 | 30.05% |
