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 35.28% is 38% above its 5-year average of 25.59%, near the high end of its 5-year range (18.63%–35.28%).
As of the fiscal period ended Tuesday, June 30, 2026. 22.17% above its 12-month average of 28.88%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 35.28%.
TAX RATE
35.28%
TAX RATE AVG TTM
28.88%
TAX RATE AVG 3Y
26.28%
TAX RATE AVG 5Y
25.59%
TAX RATE AVG 10Y
26.06%
TAX RATE AVG 15Y
24.88%
TAX RATE AVG 20Y
24.82%
CURRENT VS TTM AVG
+22.17%
CURRENT VS 3Y AVG
+34.24%
CURRENT VS 5Y AVG
+37.86%
CURRENT VS 10Y AVG
+35.36%
CURRENT VS 15Y AVG
+41.82%
CURRENT VS 20Y AVG
+42.15%
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 | 35.28% |
| 2026-03-31 | 26.89% |
| 2025-12-31 | 27.13% |
| 2025-09-30 | 27.88% |
| 2025-06-30 | 27.21% |
| 2025-03-31 | 27.02% |
| 2024-12-31 | 30.46% |
| 2024-09-30 | 18.63% |
| 2024-03-31 | 23.43% |
| 2023-12-31 | 23.42% |
| 2023-09-30 | 24.72% |
| 2023-06-30 | 24.65% |
| 2023-03-31 | 25.20% |
| 2022-12-31 | 25.98% |
| 2022-09-30 | 23.51% |
| 2022-06-30 | 23.01% |
| 2022-03-31 | 23.79% |
| 2021-12-31 | 25.89% |
| 2021-09-30 | 25.86% |
| 2021-06-30 | 24.58% |
| 2021-03-31 | 24.95% |
| 2020-12-31 | 23.35% |
| 2020-09-30 | 24.92% |
| 2020-06-30 | 26.27% |
| 2020-03-31 | 27.36% |
| 2019-12-31 | 27.87% |
| 2019-09-30 | 30.11% |
| 2019-06-30 | 28.15% |
| 2019-03-31 | 27.24% |
| 2018-12-31 | 24.20% |
| 2018-09-30 | 24.11% |
| 2018-06-30 | 24.01% |
| 2018-03-31 | 22.52% |
| 2017-12-31 | 92.38% |
| 2017-09-30 | 32.30% |
| 2017-06-30 | 31.69% |
| 2017-03-31 | 23.30% |
| 2016-12-31 | 36.38% |
| 2016-09-30 | 30.41% |
| 2016-06-30 | 32.28% |
| 2016-03-31 | 25.71% |
| 2015-12-31 | 17.39% |
| 2015-09-30 | 14.56% |
| 2015-06-30 | 22.35% |
| 2015-03-31 | 21.04% |
| 2014-09-30 | 18.54% |
| 2014-06-30 | 25.50% |
| 2014-03-31 | 21.68% |
| 2013-12-31 | 15.58% |
| 2013-09-30 | 11.58% |
| 2013-06-30 | 13.16% |
| 2013-03-31 | 16.60% |
| 2012-12-31 | 10.52% |
| 2012-09-30 | 23.27% |
| 2012-06-30 | 20.99% |
| 2012-03-31 | 14.61% |
| 2011-12-31 | 24.06% |
| 2011-09-30 | 26.74% |
| 2011-06-30 | 14.51% |
| 2011-03-31 | 24.13% |
| 2010-12-31 | -512.87% |
| 2010-09-30 | -14.13% |
| 2010-06-30 | 5.79% |
| 2010-03-31 | 14.78% |
| 2009-09-30 | -356.63% |
| 2009-06-30 | 10.77% |
| 2009-03-31 | 14.12% |
| 2008-12-31 | 28.53% |
| 2008-09-30 | 32.03% |
| 2008-06-30 | 30.75% |
| 2008-03-31 | 34.09% |
| 2007-12-31 | 34.63% |
| 2007-09-30 | 30.79% |
| 2007-06-30 | 31.69% |
| 2007-03-31 | 36.92% |
| 2006-12-31 | 19.77% |
| 2006-09-30 | 37.44% |
| 2006-06-30 | 36.90% |
| 2006-03-31 | 35.73% |
| 2005-12-31 | 35.02% |
| 2005-09-30 | 36.31% |
| 2005-06-30 | 35.88% |
| 2005-03-31 | 35.14% |
| 2004-12-31 | 26.17% |
| 2004-09-30 | 35.98% |
| 2004-06-30 | 34.68% |
| 2004-03-31 | 40.78% |
| 2003-12-31 | 38.02% |
| 2003-09-30 | 29.45% |
| 2003-06-30 | 27.26% |
| 2003-03-31 | 27.95% |
| 2002-12-31 | 28.63% |
| 2002-09-30 | 31.07% |
