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 22.38% is 15% below its 5-year average of 26.42%, near the low end of its 5-year range (13.60%–53.78%).
As of the fiscal period ended Tuesday, June 30, 2026. 19.89% below its 12-month average of 27.94%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.38%.
TAX RATE
22.38%
TAX RATE AVG TTM
27.94%
TAX RATE AVG 3Y
27.39%
TAX RATE AVG 5Y
26.42%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-19.89%
CURRENT VS 3Y AVG
-18.28%
CURRENT VS 5Y AVG
-15.30%
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 | 22.38% |
| 2026-03-31 | 19.00% |
| 2025-12-31 | 50.68% |
| 2025-09-30 | 19.97% |
| 2025-06-30 | 27.64% |
| 2025-03-31 | 26.69% |
| 2024-12-31 | 28.30% |
| 2024-09-30 | 18.88% |
| 2024-06-30 | 33.64% |
| 2024-03-31 | 30.55% |
| 2023-12-31 | 38.93% |
| 2023-09-30 | 32.49% |
| 2023-06-30 | 30.15% |
| 2023-03-31 | 29.16% |
| 2022-12-31 | 13.60% |
| 2022-09-30 | 29.52% |
| 2022-06-30 | 32.06% |
| 2022-03-31 | 25.07% |
| 2021-12-31 | 53.78% |
| 2021-09-30 | 20.56% |
| 2021-06-30 | 23.44% |
| 2021-03-31 | 23.54% |
| 2020-12-31 | 22.71% |
| 2020-09-30 | 21.26% |
| 2020-06-30 | 23.16% |
| 2020-03-31 | 22.73% |
| 2019-12-31 | 24.31% |
| 2019-09-30 | 15.60% |
