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 23.16% is in line with its 5-year average of 21.18%, near the high end of its 5-year range (-104.12%–43.36%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.78% below its 12-month average of 25.11%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 23.16%.
TAX RATE
23.16%
TAX RATE AVG TTM
25.11%
TAX RATE AVG 3Y
20.97%
TAX RATE AVG 5Y
21.18%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-7.78%
CURRENT VS 3Y AVG
+10.43%
CURRENT VS 5Y AVG
+9.34%
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 | 23.16% |
| 2026-03-31 | 18.61% |
| 2025-12-31 | 43.36% |
| 2025-09-30 | 21.76% |
| 2025-06-30 | 18.68% |
| 2025-03-31 | 22.50% |
| 2024-12-31 | -104.12% |
| 2024-09-30 | 24.84% |
| 2024-06-30 | 25.15% |
| 2024-03-31 | 20.97% |
| 2023-12-31 | 14.94% |
| 2023-09-30 | 20.92% |
| 2023-06-30 | 19.18% |
| 2023-03-31 | 21.36% |
| 2022-09-30 | 20.19% |
| 2022-06-30 | 32.76% |
| 2022-03-31 | 21.78% |
| 2021-09-30 | 15.02% |
| 2021-06-30 | 29.87% |
| 2021-03-31 | 28.91% |
| 2020-12-31 | 26.92% |
| 2020-09-30 | 20.06% |
| 2020-06-30 | 26.34% |
| 2020-03-31 | 26.34% |
