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 26.84% is in line with its 5-year average of 25.00%, around the middle of its 5-year range (13.28%–35.09%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.32% above its 12-month average of 24.55%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 26.84%.
TAX RATE
26.84%
TAX RATE AVG TTM
24.55%
TAX RATE AVG 3Y
25.40%
TAX RATE AVG 5Y
25.00%
TAX RATE AVG 10Y
26.60%
TAX RATE AVG 15Y
29.61%
TAX RATE AVG 20Y
32.58%
CURRENT VS TTM AVG
+9.32%
CURRENT VS 3Y AVG
+5.66%
CURRENT VS 5Y AVG
+7.34%
CURRENT VS 10Y AVG
+0.91%
CURRENT VS 15Y AVG
-9.35%
CURRENT VS 20Y AVG
-17.61%
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 | 26.84% |
| 2026-03-31 | 20.05% |
| 2025-12-31 | 27.46% |
| 2025-09-30 | 25.50% |
| 2025-06-30 | 22.91% |
| 2025-03-31 | 13.28% |
| 2024-12-31 | 28.94% |
| 2024-09-30 | 23.31% |
| 2024-06-30 | 22.78% |
| 2024-03-31 | 24.58% |
| 2023-12-31 | 25.97% |
| 2023-09-30 | 31.58% |
| 2023-06-30 | 24.90% |
| 2023-03-31 | 24.27% |
| 2022-12-31 | 22.36% |
| 2022-09-30 | 30.90% |
| 2022-06-30 | 23.70% |
| 2022-03-31 | 22.69% |
| 2021-12-31 | 22.68% |
| 2021-09-30 | 23.65% |
| 2021-06-30 | 35.09% |
| 2021-03-31 | 22.09% |
| 2020-12-31 | 25.50% |
| 2020-09-30 | 31.08% |
| 2020-06-30 | 38.39% |
| 2020-03-31 | 25.02% |
| 2019-12-31 | 23.95% |
| 2019-09-30 | 28.96% |
| 2019-06-30 | 22.79% |
| 2019-03-31 | 24.97% |
| 2018-12-31 | 25.36% |
| 2018-09-30 | 24.17% |
| 2018-03-31 | 23.39% |
| 2017-12-31 | 58.98% |
| 2017-09-30 | 33.28% |
| 2017-06-30 | 31.19% |
| 2017-03-31 | 32.01% |
| 2016-12-31 | 34.18% |
| 2016-09-30 | 33.81% |
| 2016-06-30 | 33.67% |
| 2016-03-31 | 33.91% |
| 2015-12-31 | 33.96% |
| 2015-09-30 | 34.14% |
| 2015-06-30 | 34.28% |
| 2015-03-31 | 34.42% |
| 2014-12-31 | 34.69% |
| 2014-09-30 | 31.57% |
| 2014-06-30 | 36.13% |
| 2014-03-31 | 33.98% |
| 2013-12-31 | 31.50% |
| 2013-09-30 | 30.51% |
| 2013-06-30 | 33.42% |
| 2013-03-31 | 33.38% |
| 2012-12-31 | 39.39% |
| 2012-09-30 | 39.62% |
| 2012-06-30 | 39.88% |
| 2012-03-31 | 39.65% |
| 2011-12-31 | 37.81% |
| 2011-09-30 | 37.33% |
| 2011-06-30 | 40.04% |
| 2011-03-31 | 38.96% |
| 2010-12-31 | 39.96% |
| 2010-09-30 | 38.89% |
| 2010-06-30 | 35.32% |
| 2010-03-31 | 40.50% |
| 2009-12-31 | 38.10% |
| 2009-09-30 | 44.68% |
| 2009-06-30 | 39.04% |
| 2009-03-31 | 39.98% |
| 2008-12-31 | 41.44% |
| 2008-09-30 | 41.32% |
| 2008-06-30 | 39.93% |
| 2008-03-31 | 39.52% |
| 2007-12-31 | 36.88% |
| 2007-09-30 | 42.19% |
| 2007-06-30 | 39.91% |
| 2007-03-31 | 40.04% |
| 2006-12-31 | 41.08% |
| 2006-09-30 | 42.50% |
| 2006-06-30 | 40.02% |
| 2006-03-31 | 40.36% |
| 2005-12-31 | -25.10% |
| 2005-09-30 | 40.30% |
| 2005-06-30 | 39.54% |
| 2005-03-31 | 40.00% |
| 2004-12-31 | -625.64% |
| 2004-09-30 | 6.98% |
| 2004-06-30 | 4.21% |
| 2004-03-31 | 8.82% |
| 2003-12-31 | 6.94% |
| 2003-09-30 | -1.83% |
| 2003-06-30 | 15.06% |
| 2003-03-31 | 34.92% |