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 22.36% is 13% above its 5-year average of 19.82%, near the high end of its 5-year range (0.94%–25.80%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.25% below its 12-month average of 22.42%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.36%.
TAX RATE
22.36%
TAX RATE AVG TTM
22.42%
TAX RATE AVG 3Y
20.94%
TAX RATE AVG 5Y
19.82%
TAX RATE AVG 10Y
13.23%
TAX RATE AVG 15Y
17.99%
TAX RATE AVG 20Y
18.57%
CURRENT VS TTM AVG
-0.25%
CURRENT VS 3Y AVG
+6.77%
CURRENT VS 5Y AVG
+12.84%
CURRENT VS 10Y AVG
+69.04%
CURRENT VS 15Y AVG
+24.29%
CURRENT VS 20Y AVG
+20.42%
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 | 22.36% |
| 2026-03-31 | 22.06% |
| 2025-12-31 | 23.49% |
| 2025-09-30 | 24.25% |
| 2025-06-30 | 19.93% |
| 2025-03-31 | 19.60% |
| 2024-12-31 | 22.49% |
| 2024-09-30 | 19.91% |
| 2024-06-30 | 18.92% |
| 2024-03-31 | 19.67% |
| 2023-09-30 | 17.70% |
| 2023-06-30 | 0.94% |
| 2023-03-31 | 22.03% |
| 2022-12-31 | 18.18% |
| 2022-09-30 | 25.80% |
| 2022-06-30 | 14.26% |
| 2022-03-31 | 12.48% |
| 2021-12-31 | 19.57% |
| 2021-09-30 | 7.69% |
| 2021-06-30 | 14.02% |
| 2021-03-31 | 8.99% |
| 2020-12-31 | 4.48% |
| 2020-06-30 | -12.30% |
| 2020-03-31 | 5.29% |
| 2019-12-31 | -5.10% |
| 2019-09-30 | 5.68% |
| 2019-06-30 | 6.05% |
| 2019-03-31 | 5.30% |
| 2018-12-31 | -2.01% |
| 2018-06-30 | 22.09% |
| 2018-03-31 | -9.08% |
| 2017-03-31 | 18.91% |
| 2016-09-30 | 15.71% |
| 2016-06-30 | 20.40% |
| 2016-03-31 | 26.48% |
| 2015-12-31 | 10.11% |
| 2015-09-30 | 24.70% |
| 2015-06-30 | 25.32% |
| 2015-03-31 | 24.34% |
| 2014-12-31 | 17.70% |
| 2014-09-30 | 24.47% |
| 2014-06-30 | 24.88% |
| 2014-03-31 | 24.25% |
| 2013-12-31 | 30.56% |
| 2013-09-30 | 23.85% |
| 2013-06-30 | 23.48% |
| 2013-03-31 | 25.03% |
| 2012-12-31 | 29.11% |
| 2012-09-30 | 26.28% |
| 2012-06-30 | 25.06% |
| 2012-03-31 | 24.81% |
| 2007-09-30 | 19.90% |
| 2007-06-30 | 20.44% |
| 2007-03-31 | 20.03% |
