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 22.49% is 23% above its 5-year average of 18.22%, near the high end of its 5-year range (2.67%–22.49%).
As of the fiscal period ended Tuesday, June 30, 2026. 19.18% above its 12-month average of 18.87%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.49%.
TAX RATE
22.49%
TAX RATE AVG TTM
18.87%
TAX RATE AVG 3Y
18.06%
TAX RATE AVG 5Y
18.22%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+19.18%
CURRENT VS 3Y AVG
+24.47%
CURRENT VS 5Y AVG
+23.43%
CURRENT VS 10Y AVG
N/A
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 | 22.49% |
| 2026-03-31 | 18.42% |
| 2025-12-31 | 17.24% |
| 2025-09-30 | 18.36% |
| 2025-06-30 | 17.82% |
| 2025-03-31 | 18.61% |
| 2024-12-31 | 18.81% |
| 2024-09-30 | 19.46% |
| 2024-06-30 | 18.55% |
| 2023-12-31 | 16.23% |
| 2023-09-30 | 12.72% |
| 2023-03-31 | 2.67% |
| 2022-12-31 | 13.48% |
| 2022-09-30 | 8.78% |
| 2021-12-31 | 20.95% |
| 2021-09-30 | 20.61% |
| 2021-06-30 | 19.50% |
| 2021-03-31 | 16.57% |
| 2020-06-30 | 25.50% |
| 2020-03-31 | 24.39% |
