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 27.73% is in line with its 5-year average of 26.10%, around the middle of its 5-year range (-8.87%–59.14%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.97% above its 12-month average of 26.16%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 27.73%.
TAX RATE
27.73%
TAX RATE AVG TTM
26.16%
TAX RATE AVG 3Y
26.22%
TAX RATE AVG 5Y
26.10%
TAX RATE AVG 10Y
26.07%
TAX RATE AVG 15Y
29.90%
TAX RATE AVG 20Y
32.67%
CURRENT VS TTM AVG
+5.97%
CURRENT VS 3Y AVG
+5.73%
CURRENT VS 5Y AVG
+6.24%
CURRENT VS 10Y AVG
+6.34%
CURRENT VS 15Y AVG
-7.26%
CURRENT VS 20Y AVG
-15.13%
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 | 27.73% |
| 2026-03-31 | 24.97% |
| 2025-12-31 | 26.31% |
| 2025-09-30 | 26.56% |
| 2025-06-30 | 25.27% |
| 2025-03-31 | 24.23% |
| 2024-12-31 | 5.81% |
| 2024-09-30 | 11.09% |
| 2024-06-30 | 27.43% |
| 2024-03-31 | 27.15% |
| 2023-12-31 | -8.25% |
| 2023-09-30 | 26.28% |
| 2023-06-30 | 26.32% |
| 2023-03-31 | 27.79% |
| 2022-12-31 | 35.36% |
| 2022-09-30 | 28.10% |
| 2022-06-30 | 25.55% |
| 2022-03-31 | 21.01% |
| 2021-12-31 | 59.14% |
| 2021-09-30 | -8.87% |
| 2021-06-30 | 17.52% |
| 2021-03-31 | 88.80% |
| 2020-06-30 | 23.09% |
| 2020-03-31 | 22.97% |
| 2019-12-31 | 10.27% |
| 2019-09-30 | 21.52% |
| 2019-06-30 | 24.90% |
| 2019-03-31 | 26.73% |
| 2018-12-31 | 27.56% |
| 2018-09-30 | 29.80% |
| 2018-06-30 | 24.62% |
| 2018-03-31 | 26.69% |
| 2017-12-31 | -60.83% |
| 2017-09-30 | -67.78% |
| 2017-06-30 | 36.07% |
| 2017-03-31 | 37.77% |
| 2016-12-31 | 22.45% |
| 2016-09-30 | 78.49% |
| 2016-06-30 | -4.03% |
| 2015-05-08 | 38.39% |
| 2014-09-30 | 38.09% |
| 2014-06-30 | 38.05% |
| 2014-03-31 | 38.57% |
| 2013-12-31 | 36.84% |
| 2013-09-30 | 35.42% |
| 2013-06-30 | 36.21% |
| 2013-03-06 | 37.22% |
| 2012-12-31 | 40.35% |
| 2012-09-30 | 41.15% |
| 2012-06-30 | 39.36% |
| 2012-03-31 | 39.00% |
| 2011-12-31 | 39.21% |
| 2011-09-30 | 39.52% |
| 2011-06-30 | 39.71% |
| 2011-03-31 | 39.83% |
| 2010-12-31 | 40.68% |
| 2010-09-30 | 39.00% |
| 2010-06-30 | 39.17% |
| 2010-03-31 | 39.69% |
| 2009-09-30 | 39.14% |
| 2009-06-30 | 43.51% |
| 2009-03-31 | 39.62% |
| 2008-12-31 | 37.89% |
| 2008-09-30 | 38.37% |
| 2008-06-30 | 38.34% |
| 2008-03-31 | 40.87% |
| 2007-12-31 | 40.20% |
| 2007-09-30 | 40.54% |
| 2007-06-30 | 39.62% |
| 2007-03-31 | 39.24% |
| 2006-12-31 | 38.18% |
| 2006-09-30 | 38.69% |
| 2006-06-30 | 38.53% |
| 2006-03-31 | 38.96% |
| 2005-12-31 | 37.78% |
| 2005-09-30 | 35.89% |
| 2005-06-30 | 35.25% |
| 2005-03-31 | 36.46% |
| 2004-12-31 | 38.22% |
| 2004-09-30 | 35.84% |
| 2004-06-30 | 35.79% |
| 2004-03-31 | 36.64% |
| 2003-12-31 | 27.27% |
| 2003-09-30 | 36.88% |
| 2003-06-30 | 38.19% |
| 2003-03-31 | 37.68% |
| 2002-12-31 | 34.60% |
| 2002-09-30 | 39.73% |
