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 22.52% is 14% below its 5-year average of 26.12%, near the low end of its 5-year range (17.09%–38.37%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.08% above its 12-month average of 21.43%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.52%.
TAX RATE
22.52%
TAX RATE AVG TTM
21.43%
TAX RATE AVG 3Y
24.18%
TAX RATE AVG 5Y
26.12%
TAX RATE AVG 10Y
24.84%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+5.08%
CURRENT VS 3Y AVG
-6.86%
CURRENT VS 5Y AVG
-13.78%
CURRENT VS 10Y AVG
-9.35%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 22.52% |
| 2026-03-31 | 21.67% |
| 2025-12-31 | 23.53% |
| 2025-09-30 | 20.95% |
| 2025-06-30 | 18.48% |
| 2025-03-31 | 19.58% |
| 2024-12-31 | 17.09% |
| 2024-09-30 | 25.11% |
| 2024-03-31 | 28.24% |
| 2023-09-30 | 30.40% |
| 2023-06-30 | 38.37% |
| 2023-03-31 | 35.50% |
| 2022-12-31 | 28.70% |
| 2022-09-30 | 34.77% |
| 2022-06-30 | 22.77% |
| 2022-03-31 | 29.02% |
| 2021-12-31 | 23.39% |
| 2021-09-30 | 27.23% |
| 2021-06-30 | 28.91% |
| 2021-03-31 | 24.84% |
| 2020-12-31 | 24.68% |
| 2020-09-30 | 25.61% |
| 2020-06-30 | 22.35% |
| 2020-03-31 | 0.40% |
| 2019-12-31 | 9.25% |
| 2019-09-30 | 3.08% |
| 2019-06-30 | -36.62% |
| 2019-03-31 | -38.58% |
| 2018-12-31 | -63.62% |
| 2018-09-30 | -186.47% |
| 2018-03-31 | 13.15% |
| 2017-12-31 | -733.46% |
| 2017-09-30 | 19.87% |
| 2017-06-30 | 28.14% |
| 2017-03-31 | 35.75% |
| 2016-12-31 | 18.69% |
| 2016-09-30 | 36.44% |
| 2016-06-30 | 36.85% |
| 2016-03-31 | 42.07% |
