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 22.35% is 28% above its 5-year average of 17.52%, near the high end of its 5-year range (7.57%–25.65%).
As of the fiscal period ended Tuesday, June 30, 2026. 11.41% above its 12-month average of 20.06%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.35%.
TAX RATE
22.35%
TAX RATE AVG TTM
20.06%
TAX RATE AVG 3Y
14.72%
TAX RATE AVG 5Y
17.52%
TAX RATE AVG 10Y
18.37%
TAX RATE AVG 15Y
23.94%
TAX RATE AVG 20Y
25.93%
CURRENT VS TTM AVG
+11.41%
CURRENT VS 3Y AVG
+51.78%
CURRENT VS 5Y AVG
+27.56%
CURRENT VS 10Y AVG
+21.66%
CURRENT VS 15Y AVG
-6.63%
CURRENT VS 20Y AVG
-13.83%
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 | 22.35% |
| 2026-03-31 | 20.98% |
| 2025-12-31 | 20.23% |
| 2025-09-30 | 17.18% |
| 2025-06-30 | 19.56% |
| 2025-03-31 | 19.82% |
| 2024-12-31 | 7.57% |
| 2024-09-30 | 13.61% |
| 2024-06-30 | 7.92% |
| 2024-03-31 | 10.76% |
| 2023-12-31 | 11.28% |
| 2023-09-30 | 10.95% |
| 2023-06-30 | 9.20% |
| 2023-03-31 | 16.80% |
| 2022-12-31 | 25.65% |
| 2022-09-30 | 23.83% |
| 2022-06-30 | 21.37% |
| 2022-03-31 | 23.51% |
| 2021-12-31 | 23.57% |
| 2021-09-30 | 19.05% |
| 2021-06-30 | 22.71% |
| 2021-03-31 | 21.91% |
| 2020-12-31 | 12.72% |
| 2020-09-30 | 3.71% |
| 2020-06-30 | 6.04% |
| 2020-03-31 | 16.25% |
| 2019-12-31 | 19.47% |
| 2019-09-30 | 22.36% |
| 2019-06-30 | 16.60% |
| 2019-03-31 | 21.80% |
| 2018-12-31 | 21.01% |
| 2018-09-30 | 21.14% |
| 2018-06-30 | 13.04% |
| 2018-03-31 | 22.82% |
| 2017-12-31 | 66.36% |
| 2017-09-30 | 41.41% |
| 2017-06-30 | 23.08% |
| 2017-03-31 | 29.53% |
| 2016-12-31 | 25.40% |
| 2016-09-30 | 25.54% |
| 2016-06-30 | 26.06% |
| 2016-03-31 | 32.94% |
| 2015-12-31 | 28.83% |
| 2015-09-30 | 23.92% |
| 2015-06-30 | 17.73% |
| 2015-03-31 | 37.26% |
| 2014-12-31 | 37.14% |
| 2014-09-30 | 38.32% |
| 2014-06-30 | 37.15% |
| 2014-03-31 | 36.40% |
| 2013-12-31 | 35.90% |
| 2013-09-30 | 36.84% |
| 2013-06-30 | 35.53% |
| 2013-03-31 | 36.80% |
| 2012-12-31 | 34.93% |
| 2012-09-30 | 36.70% |
| 2012-06-30 | 35.64% |
| 2012-03-31 | 36.28% |
| 2011-12-31 | 34.17% |
| 2011-09-30 | 35.06% |
| 2011-06-30 | 30.84% |
| 2011-03-31 | 34.56% |
| 2010-12-31 | 27.09% |
| 2010-09-30 | 28.73% |
| 2009-03-31 | 23.41% |
| 2008-09-30 | 51.68% |
| 2008-06-30 | 28.71% |
| 2008-03-31 | 35.27% |
| 2007-12-31 | 35.21% |
| 2007-09-30 | 36.16% |
| 2007-06-30 | 36.65% |
| 2007-03-31 | 36.79% |
| 2006-12-31 | 35.74% |
| 2006-09-30 | 35.73% |
| 2006-06-30 | 37.16% |
| 2006-03-31 | 37.00% |
| 2005-12-31 | 37.09% |
| 2005-09-30 | 36.35% |
| 2005-06-30 | 37.48% |
| 2005-03-31 | 39.02% |
| 2004-12-31 | 37.56% |
| 2004-09-30 | 38.34% |
| 2004-06-30 | 38.58% |
| 2004-03-31 | 38.20% |
| 2003-12-31 | 43.23% |
| 2003-09-30 | 33.31% |
| 2003-06-30 | 34.12% |
| 2003-03-31 | 32.81% |
| 2002-12-31 | 30.85% |
| 2002-09-30 | 31.68% |
