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 22.75% is in line with its 5-year average of 24.15%, around the middle of its 5-year range (10.64%–35.67%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.91% below its 12-month average of 23.43%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.75%.
TAX RATE
22.75%
TAX RATE AVG TTM
23.43%
TAX RATE AVG 3Y
25.09%
TAX RATE AVG 5Y
24.15%
TAX RATE AVG 10Y
24.90%
TAX RATE AVG 15Y
29.37%
TAX RATE AVG 20Y
31.48%
CURRENT VS TTM AVG
-2.91%
CURRENT VS 3Y AVG
-9.31%
CURRENT VS 5Y AVG
-5.78%
CURRENT VS 10Y AVG
-8.62%
CURRENT VS 15Y AVG
-22.55%
CURRENT VS 20Y AVG
-27.73%
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 | 22.75% |
| 2026-03-31 | 22.81% |
| 2025-12-31 | 21.63% |
| 2025-09-30 | 25.24% |
| 2025-06-30 | 24.73% |
| 2025-03-31 | 22.60% |
| 2024-09-30 | 24.82% |
| 2024-06-30 | 24.30% |
| 2024-03-31 | 23.79% |
| 2023-09-30 | 35.67% |
| 2023-06-30 | 27.60% |
| 2023-03-31 | 25.60% |
| 2022-09-30 | 25.75% |
| 2022-06-30 | 27.78% |
| 2022-03-31 | 23.84% |
| 2021-12-31 | 10.64% |
| 2021-09-30 | 22.82% |
| 2021-06-30 | 20.27% |
| 2021-03-31 | 22.15% |
| 2020-12-31 | 22.01% |
| 2020-09-30 | 26.38% |
| 2020-06-30 | 21.38% |
| 2019-12-31 | 24.31% |
| 2019-09-30 | 7.12% |
| 2019-06-30 | 24.20% |
| 2019-03-31 | 6.92% |
| 2018-12-31 | 16.50% |
| 2018-09-30 | 56.46% |
| 2018-06-30 | 29.54% |
| 2018-03-31 | 28.54% |
| 2017-12-31 | 75.59% |
| 2017-09-30 | 29.75% |
| 2017-06-30 | 41.50% |
| 2017-03-31 | 44.29% |
| 2016-12-31 | 73.00% |
| 2016-06-30 | 30.37% |
| 2016-03-31 | 25.41% |
| 2015-06-30 | 38.81% |
| 2015-03-31 | 34.22% |
| 2014-12-31 | 36.26% |
| 2014-09-30 | 25.20% |
| 2014-06-30 | 39.62% |
| 2014-03-31 | 38.41% |
| 2013-12-31 | 39.25% |
| 2013-09-30 | 32.46% |
| 2013-06-30 | 39.76% |
| 2013-03-31 | 39.26% |
| 2012-12-31 | 39.85% |
| 2012-09-30 | 39.46% |
| 2012-06-30 | 40.35% |
| 2012-03-31 | 39.17% |
| 2011-12-31 | 37.66% |
| 2011-09-30 | 39.11% |
| 2011-06-30 | 39.09% |
| 2011-03-31 | 38.60% |
| 2010-12-31 | 39.04% |
| 2010-09-30 | 35.05% |
| 2010-06-30 | 36.52% |
| 2010-03-31 | 37.40% |
| 2009-12-31 | 35.42% |
| 2009-09-30 | 39.78% |
| 2009-06-30 | 38.55% |
| 2009-03-31 | 39.90% |
| 2008-12-31 | 10.81% |
| 2008-09-30 | 44.30% |
| 2008-06-30 | 40.68% |
| 2008-03-31 | 40.04% |
| 2007-12-31 | 41.05% |
| 2007-09-30 | 24.27% |
| 2007-03-31 | 40.76% |
| 2006-12-31 | 40.78% |
| 2006-09-30 | 41.46% |
| 2006-06-30 | 43.27% |
| 2006-03-31 | 40.70% |
| 2005-12-31 | 39.93% |
| 2005-09-30 | 40.74% |
| 2005-06-30 | 40.78% |
| 2005-03-31 | 40.40% |
| 2004-12-31 | 41.24% |
| 2004-09-30 | 40.53% |
| 2004-06-30 | 40.10% |
| 2004-03-31 | 39.50% |
| 2003-12-31 | 24.26% |
| 2003-09-30 | 40.19% |
| 2003-06-30 | 40.56% |
| 2003-03-31 | 39.94% |
| 2002-12-31 | -149.23% |
| 2002-09-30 | 4.80% |
