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 27.64% is 16% above its 5-year average of 23.79%, near the high end of its 5-year range (-27.86%–29.93%).
As of the fiscal period ended Tuesday, June 30, 2026. 80.14% above its 12-month average of 15.34%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 27.64%.
TAX RATE
27.64%
TAX RATE AVG TTM
15.34%
TAX RATE AVG 3Y
15.62%
TAX RATE AVG 5Y
23.79%
TAX RATE AVG 10Y
25.14%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+80.14%
CURRENT VS 3Y AVG
+76.99%
CURRENT VS 5Y AVG
+16.16%
CURRENT VS 10Y AVG
+9.93%
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 | 27.64% |
| 2026-03-31 | 29.93% |
| 2025-12-31 | 21.57% |
| 2025-09-30 | -27.86% |
| 2025-06-30 | 25.43% |
| 2025-03-31 | 25.94% |
| 2024-09-30 | 15.46% |
| 2024-06-30 | 5.79% |
| 2023-12-31 | 11.64% |
| 2023-09-30 | 22.86% |
| 2023-06-30 | 13.38% |
| 2023-03-31 | 24.69% |
| 2022-12-31 | 28.08% |
| 2022-09-30 | 25.18% |
| 2022-06-30 | 25.74% |
| 2022-03-31 | 25.96% |
| 2021-12-31 | 26.97% |
| 2021-09-30 | 26.88% |
| 2021-06-30 | 27.13% |
| 2021-03-31 | 27.21% |
| 2020-12-31 | 24.07% |
| 2020-09-30 | 25.82% |
| 2020-06-30 | 23.37% |
| 2020-03-31 | 24.98% |
| 2019-12-31 | 22.05% |
| 2019-09-30 | 27.50% |
| 2019-06-30 | 23.20% |
| 2019-03-31 | 19.03% |
| 2018-12-31 | 17.36% |
| 2018-09-30 | 39.12% |
| 2018-03-31 | 24.41% |
| 2017-12-31 | 70.95% |
| 2017-09-30 | 11.36% |
| 2017-06-30 | 39.02% |
| 2017-03-31 | 32.75% |
| 2016-12-31 | 32.75% |
