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 22.41% is in line with its 5-year average of 21.63%, near the high end of its 5-year range (20.52%–22.64%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.38% above its 12-month average of 22.11%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.41%.
TAX RATE
22.41%
TAX RATE AVG TTM
22.11%
TAX RATE AVG 3Y
21.81%
TAX RATE AVG 5Y
21.63%
TAX RATE AVG 10Y
21.02%
TAX RATE AVG 15Y
25.20%
TAX RATE AVG 20Y
26.57%
CURRENT VS TTM AVG
+1.38%
CURRENT VS 3Y AVG
+2.76%
CURRENT VS 5Y AVG
+3.60%
CURRENT VS 10Y AVG
+6.59%
CURRENT VS 15Y AVG
-11.06%
CURRENT VS 20Y AVG
-15.64%
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 | 22.41% |
| 2026-03-31 | 22.07% |
| 2025-12-31 | 22.16% |
| 2025-09-30 | 22.27% |
| 2025-06-30 | 21.61% |
| 2025-03-31 | 22.06% |
| 2024-12-31 | 21.05% |
| 2024-09-30 | 21.42% |
| 2024-06-30 | 21.44% |
| 2024-03-31 | 21.52% |
| 2023-12-31 | 22.47% |
| 2023-09-30 | 21.42% |
| 2023-06-30 | 21.62% |
| 2023-03-31 | 21.40% |
| 2022-12-31 | 20.52% |
| 2022-09-30 | 21.19% |
| 2022-06-30 | 21.04% |
| 2022-03-31 | 21.00% |
| 2021-12-31 | 22.64% |
| 2021-09-30 | 21.61% |
| 2021-06-30 | 21.38% |
| 2021-03-31 | 19.40% |
| 2020-12-31 | 20.02% |
| 2020-09-30 | 20.49% |
| 2020-06-30 | 19.96% |
| 2020-03-31 | 17.02% |
| 2019-12-31 | 20.82% |
| 2019-09-30 | 20.91% |
| 2019-06-30 | 21.06% |
| 2019-03-31 | 19.06% |
| 2018-12-31 | 19.33% |
| 2018-09-30 | 18.94% |
| 2018-06-30 | 20.95% |
| 2018-03-31 | 18.56% |
| 2017-12-31 | 17.47% |
| 2017-09-30 | 30.32% |
| 2017-06-30 | 29.59% |
| 2017-03-31 | 25.78% |
| 2016-12-31 | 30.86% |
| 2016-09-30 | 30.91% |
| 2016-06-30 | 31.12% |
| 2016-03-31 | 30.95% |
| 2015-12-31 | 30.04% |
| 2015-09-30 | 30.02% |
| 2015-06-30 | 30.14% |
| 2015-03-31 | 31.46% |
| 2014-12-31 | 31.39% |
| 2014-09-30 | 31.33% |
| 2014-06-30 | 31.77% |
| 2014-03-31 | 31.86% |
| 2013-12-31 | 31.56% |
| 2013-09-30 | 32.37% |
| 2013-06-30 | 31.37% |
| 2013-03-31 | 32.23% |
| 2012-12-31 | 29.32% |
| 2012-09-30 | 32.50% |
| 2012-06-30 | 32.61% |
| 2012-03-31 | 33.01% |
| 2011-12-31 | 31.89% |
| 2011-09-30 | 32.44% |
| 2011-06-30 | 31.95% |
| 2011-03-31 | 31.10% |
| 2010-12-31 | 28.19% |
| 2010-09-30 | 31.71% |
| 2010-06-30 | 31.44% |
| 2010-03-31 | 29.55% |
| 2009-12-31 | 30.29% |
| 2009-09-30 | 31.27% |
| 2009-06-30 | 29.30% |
| 2009-03-31 | 30.74% |
| 2008-12-31 | 28.83% |
| 2008-09-30 | 27.80% |
| 2008-06-30 | 32.49% |
| 2008-03-31 | 32.14% |
| 2007-12-31 | 29.39% |
| 2007-09-30 | 31.34% |
| 2007-06-30 | 32.25% |
| 2007-03-31 | 31.41% |
| 2006-12-31 | 31.06% |
| 2006-09-30 | 31.41% |
| 2006-06-30 | 33.11% |
| 2006-03-31 | 32.80% |
| 2005-12-31 | 26.44% |
| 2005-09-30 | 22.87% |
| 2005-06-30 | 35.16% |
| 2005-03-31 | 34.31% |
| 2004-12-31 | 27.18% |
| 2004-09-30 | 17.20% |
| 2004-06-30 | 35.55% |
| 2004-03-31 | 35.68% |
| 2003-12-31 | 29.28% |
| 2003-09-30 | 24.57% |
| 2003-06-30 | 31.93% |
| 2003-03-31 | 30.61% |
| 2002-12-31 | 30.92% |
| 2002-09-30 | 32.99% |
