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 23.33% is in line with its 5-year average of 25.52%, around the middle of its 5-year range (-8.49%–62.24%).
As of the fiscal period ended Tuesday, June 30, 2026. 11.70% below its 12-month average of 26.42%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 23.33%.
TAX RATE
23.33%
TAX RATE AVG TTM
26.42%
TAX RATE AVG 3Y
23.89%
TAX RATE AVG 5Y
25.52%
TAX RATE AVG 10Y
27.53%
TAX RATE AVG 15Y
27.69%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-11.70%
CURRENT VS 3Y AVG
-2.34%
CURRENT VS 5Y AVG
-8.57%
CURRENT VS 10Y AVG
-15.25%
CURRENT VS 15Y AVG
-15.74%
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 | 23.33% |
| 2026-03-31 | 30.09% |
| 2025-12-31 | 36.34% |
| 2025-09-30 | 22.34% |
| 2025-06-30 | 20.01% |
| 2025-03-31 | 20.72% |
| 2024-12-31 | 25.61% |
| 2024-09-30 | 35.96% |
| 2024-06-30 | 23.45% |
| 2024-03-31 | 25.74% |
| 2023-12-31 | 25.97% |
| 2023-09-30 | 21.64% |
| 2022-12-31 | 62.24% |
| 2022-09-30 | 18.11% |
| 2022-03-31 | 32.86% |
| 2021-12-31 | -8.49% |
| 2021-09-30 | 24.35% |
| 2021-06-30 | 21.76% |
| 2021-03-31 | 30.00% |
| 2020-12-31 | 30.20% |
| 2020-09-30 | 29.99% |
| 2020-06-30 | 30.00% |
| 2020-03-31 | 30.00% |
| 2019-12-31 | 27.69% |
| 2019-09-30 | 27.79% |
| 2019-06-30 | 31.19% |
| 2019-03-31 | 31.89% |
| 2018-12-31 | 30.28% |
| 2018-09-30 | 27.54% |
| 2018-06-30 | 31.19% |
| 2018-03-31 | 37.00% |
| 2017-12-31 | 23.32% |
| 2017-09-30 | 26.08% |
| 2017-06-30 | 32.81% |
| 2017-03-31 | 22.44% |
| 2016-12-31 | 24.42% |
| 2016-09-30 | 33.97% |
| 2016-06-30 | 25.02% |
| 2016-03-31 | 30.01% |
| 2015-12-31 | -12.21% |
| 2015-09-30 | 47.21% |
| 2015-06-30 | 25.68% |
| 2015-03-31 | 34.62% |
| 2014-12-31 | 15.81% |
| 2014-09-30 | 21.73% |
| 2014-06-30 | 59.38% |
| 2014-03-31 | 45.61% |
| 2013-12-31 | 11.68% |
| 2013-09-30 | 34.88% |
| 2013-03-31 | 45.49% |
| 2012-09-30 | 17.14% |
