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 10.91% is 50% below its 5-year average of 21.75%, near the low end of its 5-year range (10.91%–50.46%).
As of the fiscal period ended Tuesday, June 30, 2026. 32.15% below its 12-month average of 16.08%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 10.91%.
TAX RATE
10.91%
TAX RATE AVG TTM
16.08%
TAX RATE AVG 3Y
20.20%
TAX RATE AVG 5Y
21.75%
TAX RATE AVG 10Y
24.69%
TAX RATE AVG 15Y
29.81%
TAX RATE AVG 20Y
32.10%
CURRENT VS TTM AVG
-32.15%
CURRENT VS 3Y AVG
-45.96%
CURRENT VS 5Y AVG
-49.83%
CURRENT VS 10Y AVG
-55.80%
CURRENT VS 15Y AVG
-63.39%
CURRENT VS 20Y AVG
-66.00%
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 | 10.91% |
| 2026-03-31 | 18.93% |
| 2025-12-31 | 12.57% |
| 2025-09-30 | 18.81% |
| 2025-06-30 | 19.20% |
| 2025-03-31 | 19.55% |
| 2024-12-31 | 19.54% |
| 2024-09-30 | 21.48% |
| 2024-06-30 | 22.06% |
| 2024-03-31 | 21.26% |
| 2023-12-31 | 20.94% |
| 2023-09-30 | 50.46% |
| 2023-06-30 | 25.49% |
| 2023-03-31 | 25.51% |
| 2022-12-31 | 25.64% |
| 2022-09-30 | 24.33% |
| 2022-06-30 | 24.42% |
| 2022-03-31 | 24.24% |
| 2021-12-31 | 26.72% |
| 2021-09-30 | 26.69% |
| 2021-06-30 | 26.77% |
| 2021-03-31 | 26.10% |
| 2020-12-31 | 25.87% |
| 2020-09-30 | 26.69% |
| 2020-06-30 | 26.47% |
| 2020-03-31 | 26.45% |
| 2019-12-31 | 15.06% |
| 2019-09-30 | 25.84% |
| 2019-06-30 | 26.75% |
| 2019-03-31 | 25.25% |
| 2018-12-31 | 30.79% |
| 2018-09-30 | 40.11% |
| 2018-06-30 | 30.43% |
| 2018-03-31 | 26.64% |
| 2017-12-31 | 39.72% |
| 2017-06-30 | 35.80% |
| 2017-03-31 | 32.95% |
| 2016-12-31 | 33.19% |
| 2016-06-30 | 36.96% |
| 2016-03-31 | 34.27% |
| 2015-12-31 | 35.49% |
| 2015-09-30 | 35.36% |
| 2015-06-30 | 35.51% |
| 2015-03-31 | 36.46% |
| 2014-12-31 | 37.72% |
| 2014-09-30 | 37.27% |
| 2014-06-30 | 37.44% |
| 2014-03-31 | 36.44% |
| 2013-12-31 | 36.21% |
| 2013-09-30 | 36.70% |
| 2013-06-30 | 34.90% |
| 2013-03-31 | 38.67% |
| 2012-12-31 | 39.39% |
| 2012-09-30 | 40.92% |
| 2012-06-30 | 40.44% |
| 2012-03-31 | 42.11% |
| 2011-09-30 | 35.06% |
| 2011-06-30 | 41.91% |
| 2011-03-31 | 44.06% |
| 2010-06-30 | 42.35% |
| 2009-12-31 | 41.86% |
| 2009-09-30 | 39.88% |
| 2009-03-31 | 37.13% |
| 2008-12-31 | 43.76% |
| 2008-09-30 | 39.53% |
| 2008-06-30 | 42.20% |
| 2008-03-31 | 42.39% |
| 2007-12-31 | 39.09% |
| 2007-09-30 | 32.88% |
| 2007-06-30 | 42.51% |
| 2007-03-31 | 45.86% |
| 2006-09-30 | 39.50% |
| 2006-06-30 | 41.40% |
| 2006-03-31 | 40.77% |
| 2005-12-31 | 41.69% |
| 2005-09-30 | 38.61% |
| 2005-06-30 | 37.52% |
| 2005-03-31 | 40.26% |
| 2004-12-31 | 41.09% |
| 2004-09-30 | 39.13% |
| 2004-06-30 | 39.43% |
| 2004-03-31 | 39.48% |
| 2003-12-31 | 39.50% |
| 2003-09-30 | 39.50% |
| 2003-06-30 | 39.50% |
| 2003-03-31 | 39.50% |