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 37.57% is 15% above its 5-year average of 32.56%, near the low end of its 5-year range (12.81%–115.08%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.97% above its 12-month average of 36.14%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 37.57%.
TAX RATE
37.57%
TAX RATE AVG TTM
36.14%
TAX RATE AVG 3Y
32.26%
TAX RATE AVG 5Y
32.56%
TAX RATE AVG 10Y
29.09%
TAX RATE AVG 15Y
29.71%
TAX RATE AVG 20Y
29.46%
CURRENT VS TTM AVG
+3.97%
CURRENT VS 3Y AVG
+16.48%
CURRENT VS 5Y AVG
+15.37%
CURRENT VS 10Y AVG
+29.15%
CURRENT VS 15Y AVG
+26.46%
CURRENT VS 20Y AVG
+27.54%
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 | 37.57% |
| 2026-03-31 | 43.74% |
| 2025-12-31 | 43.20% |
| 2025-09-30 | 30.58% |
| 2025-06-30 | 25.59% |
| 2025-03-31 | 15.60% |
| 2024-12-31 | 40.32% |
| 2024-09-30 | 27.26% |
| 2024-06-30 | 32.03% |
| 2024-03-31 | 37.91% |
| 2023-12-31 | 29.01% |
| 2023-09-30 | 29.21% |
| 2023-06-30 | 27.30% |
| 2023-03-31 | 46.49% |
| 2022-12-31 | 12.81% |
| 2022-09-30 | 31.07% |
| 2022-06-30 | 26.61% |
| 2022-03-31 | 67.72% |
| 2021-12-31 | 115.08% |
| 2021-09-30 | 23.56% |
| 2021-06-30 | 58.86% |
| 2020-12-31 | -26.96% |
| 2020-09-30 | 27.18% |
| 2020-03-31 | 58.66% |
| 2019-12-31 | 2.62% |
| 2019-09-30 | 21.18% |
| 2019-06-30 | 31.53% |
| 2019-03-31 | 31.58% |
| 2018-12-31 | -3.90% |
| 2018-09-30 | 25.47% |
| 2018-06-30 | 27.35% |
| 2018-03-31 | 34.16% |
| 2017-12-31 | 168.28% |
| 2017-09-30 | 13.43% |
| 2017-06-30 | 26.58% |
| 2017-03-31 | 24.22% |
| 2016-12-31 | 32.33% |
| 2016-09-30 | 25.48% |
| 2016-06-30 | 21.45% |
| 2016-03-31 | 23.92% |
| 2015-12-31 | 20.31% |
| 2015-09-30 | 34.80% |
| 2015-06-30 | 28.06% |
| 2015-03-31 | 49.55% |
| 2014-12-31 | 29.72% |
| 2014-09-30 | 26.88% |
| 2014-06-30 | 29.82% |
| 2014-03-31 | 26.43% |
| 2013-12-31 | 36.43% |
| 2013-09-30 | 18.19% |
| 2013-06-30 | 32.29% |
| 2013-03-31 | 20.74% |
| 2012-09-30 | 32.25% |
| 2012-06-30 | 47.53% |
| 2012-03-31 | 29.07% |
| 2011-12-31 | 32.22% |
| 2011-09-30 | 182.21% |
| 2011-06-30 | 35.70% |
| 2011-03-31 | 25.78% |
| 2010-09-30 | 25.09% |
| 2010-06-30 | 136.22% |
| 2010-03-31 | 62.21% |
| 2009-12-31 | 40.62% |
| 2009-09-30 | 30.40% |
| 2009-06-30 | 28.72% |
| 2008-06-30 | 18.97% |
| 2008-03-31 | 358.46% |
| 2007-12-31 | 38.52% |
| 2007-09-30 | 28.65% |
| 2007-06-30 | 35.12% |
| 2007-03-31 | 29.11% |
| 2006-12-31 | 20.48% |
| 2006-09-30 | 25.17% |
| 2006-06-30 | 24.09% |
| 2006-03-31 | 27.08% |
| 2005-12-31 | 28.41% |
| 2005-09-30 | 30.19% |
| 2005-06-30 | 53.84% |
| 2005-03-31 | 51.14% |
| 2004-12-31 | 41.66% |
| 2004-09-30 | 38.01% |
| 2004-06-30 | 34.32% |
| 2004-03-31 | 39.05% |
| 2003-09-30 | 34.18% |
| 2003-03-31 | 4.19% |
