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 22.78% is in line with its 5-year average of 23.92%, around the middle of its 5-year range (19.49%–30.09%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.47% below its 12-month average of 23.60%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.78%.
TAX RATE
22.78%
TAX RATE AVG TTM
23.60%
TAX RATE AVG 3Y
23.85%
TAX RATE AVG 5Y
23.92%
TAX RATE AVG 10Y
25.04%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-3.47%
CURRENT VS 3Y AVG
-4.47%
CURRENT VS 5Y AVG
-4.75%
CURRENT VS 10Y AVG
-9.02%
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 | 22.78% |
| 2026-03-31 | 24.28% |
| 2025-12-31 | 23.60% |
| 2025-09-30 | 24.17% |
| 2025-06-30 | 23.18% |
| 2025-03-31 | 23.86% |
| 2024-12-31 | 30.09% |
| 2024-09-30 | 24.58% |
| 2024-06-30 | 24.95% |
| 2024-03-31 | 23.91% |
| 2023-12-31 | 19.49% |
| 2023-09-30 | 23.45% |
| 2023-06-30 | 23.56% |
| 2023-03-31 | 23.04% |
| 2022-12-31 | 22.77% |
| 2022-09-30 | 23.12% |
| 2022-06-30 | 21.16% |
| 2022-03-31 | 24.73% |
| 2021-12-31 | 25.72% |
| 2021-09-30 | 25.75% |
| 2021-06-30 | 25.81% |
| 2021-03-31 | 25.92% |
| 2020-12-31 | 25.67% |
| 2020-09-30 | 27.04% |
| 2020-06-30 | 26.98% |
| 2020-03-31 | 26.91% |
| 2019-12-31 | 23.75% |
| 2019-09-30 | 26.61% |
| 2019-06-30 | 27.79% |
| 2019-03-31 | 24.31% |
| 2018-12-31 | 26.80% |
| 2018-09-30 | 27.44% |
| 2018-06-30 | 26.91% |
| 2018-03-31 | 31.23% |
| 2017-12-31 | 145.45% |
| 2017-09-30 | 39.01% |
| 2017-06-30 | 38.77% |
| 2017-03-31 | 38.77% |
| 2016-12-31 | 43.53% |
| 2016-09-30 | 35.45% |
