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 2.32% is 73% below its 3-year average of 8.75%, near the low end of its 3-year range (1.90%–23.71%).
As of the fiscal period ended Tuesday, June 30, 2026. 54.73% below its 12-month average of 5.13%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 2.32%.
TAX RATE
2.32%
TAX RATE AVG TTM
5.13%
TAX RATE AVG 3Y
8.75%
TAX RATE AVG 5Y
8.75%
TAX RATE AVG 10Y
3.23%
TAX RATE AVG 15Y
2.58%
TAX RATE AVG 20Y
18.33%
CURRENT VS TTM AVG
-54.73%
CURRENT VS 3Y AVG
-73.45%
CURRENT VS 5Y AVG
-73.45%
CURRENT VS 10Y AVG
-28.08%
CURRENT VS 15Y AVG
-9.92%
CURRENT VS 20Y AVG
-87.32%
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 | 2.32% |
| 2026-03-31 | 4.78% |
| 2025-12-31 | 11.93% |
| 2025-09-30 | 2.88% |
| 2025-06-30 | 3.75% |
| 2025-03-31 | 3.62% |
| 2024-12-31 | 18.09% |
| 2024-09-30 | 23.71% |
| 2024-06-30 | 4.39% |
| 2024-03-31 | 5.86% |
| 2023-12-31 | 21.79% |
| 2023-09-30 | 1.90% |
| 2020-12-31 | -544.55% |
| 2020-09-30 | 2.24% |
| 2020-06-30 | 0.59% |
| 2020-03-31 | 2.10% |
| 2019-12-31 | -0.44% |
| 2019-09-30 | 0.60% |
| 2019-06-30 | 1.17% |
| 2019-03-31 | 1.24% |
| 2018-06-30 | 6.00% |
| 2012-03-31 | -347.73% |
| 2011-12-31 | -6.25% |
| 2011-09-30 | 0.86% |
| 2010-06-30 | 59.84% |
| 2010-03-31 | 50.40% |
| 2009-09-30 | 34.73% |
| 2009-06-30 | -220.95% |
| 2009-03-31 | 44.13% |
| 2008-06-30 | 68.03% |
| 2008-03-31 | 41.84% |
| 2007-12-31 | 33.88% |
| 2007-06-30 | 38.93% |
| 2007-03-31 | 38.60% |
| 2006-12-31 | -79.63% |
| 2006-09-30 | 40.12% |
| 2006-06-30 | 41.11% |
| 2006-03-31 | 38.00% |
| 2005-12-31 | -11.76% |
| 2005-03-31 | 33.50% |
| 2004-12-31 | 37.71% |
| 2004-09-30 | 37.82% |
| 2004-06-30 | 33.25% |
| 2004-03-31 | -585.79% |
| 2003-12-31 | 0.00% |
| 2003-09-30 | -14.75% |
| 2003-03-31 | 21.99% |
| 2002-12-31 | 478.37% |
| 2002-09-30 | 211.08% |
