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 23.67% is 30% above its 5-year average of 18.17%, near the high end of its 5-year range (-4.31%–23.76%).
As of the fiscal period ended Tuesday, June 30, 2026. 14.49% above its 12-month average of 20.68%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 23.67%.
TAX RATE
23.67%
TAX RATE AVG TTM
20.68%
TAX RATE AVG 3Y
18.63%
TAX RATE AVG 5Y
18.17%
TAX RATE AVG 10Y
17.29%
TAX RATE AVG 15Y
21.47%
TAX RATE AVG 20Y
22.12%
CURRENT VS TTM AVG
+14.49%
CURRENT VS 3Y AVG
+27.08%
CURRENT VS 5Y AVG
+30.32%
CURRENT VS 10Y AVG
+36.96%
CURRENT VS 15Y AVG
+10.26%
CURRENT VS 20Y AVG
+7.04%
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 | 23.67% |
| 2026-03-31 | 19.71% |
| 2025-12-31 | 21.33% |
| 2025-09-30 | 19.17% |
| 2025-06-30 | 19.52% |
| 2024-12-31 | 23.76% |
| 2024-09-30 | 13.84% |
| 2024-06-30 | 15.52% |
| 2024-03-31 | 16.27% |
| 2023-12-31 | -4.31% |
| 2023-09-30 | 16.46% |
| 2023-06-30 | 15.69% |
| 2023-03-31 | 17.15% |
| 2022-12-31 | 17.33% |
| 2022-09-30 | 18.44% |
| 2022-06-30 | 18.20% |
| 2022-03-31 | 17.07% |
| 2021-12-31 | -0.53% |
| 2021-09-30 | 16.89% |
| 2021-06-30 | 17.00% |
| 2021-03-31 | 16.83% |
| 2020-12-31 | 12.38% |
| 2020-09-30 | 17.29% |
| 2020-06-30 | 17.40% |
| 2020-03-31 | 16.32% |
| 2019-12-31 | 16.64% |
| 2019-09-30 | 15.59% |
| 2019-06-30 | 14.52% |
| 2019-03-31 | 15.51% |
| 2018-12-31 | 16.86% |
| 2018-09-30 | -4.49% |
| 2018-06-30 | 16.44% |
| 2018-03-31 | 15.79% |
| 2017-12-31 | 41.18% |
| 2017-09-30 | 28.75% |
| 2017-06-30 | 28.56% |
| 2017-03-31 | 28.40% |
| 2016-12-31 | 29.98% |
| 2016-09-30 | 27.70% |
| 2016-06-30 | 28.48% |
| 2016-03-31 | 27.93% |
| 2015-12-31 | 19.25% |
| 2015-09-30 | 29.51% |
| 2015-06-30 | 20.75% |
| 2015-03-31 | 26.48% |
| 2014-12-31 | 7.45% |
| 2014-09-30 | 27.60% |
| 2014-06-30 | 29.69% |
| 2014-03-31 | 27.50% |
| 2013-12-31 | 16.45% |
| 2013-09-30 | 27.50% |
| 2013-06-30 | 26.33% |
| 2013-03-31 | 29.04% |
| 2012-12-31 | 28.30% |
| 2012-09-30 | 25.95% |
| 2012-06-30 | 28.93% |
| 2012-03-31 | 28.43% |
| 2011-12-31 | 14.02% |
| 2011-09-30 | 24.52% |
| 2011-06-30 | 26.66% |
| 2011-03-31 | 25.81% |
| 2010-12-31 | 1.91% |
| 2010-06-30 | 28.02% |
| 2010-03-31 | 27.78% |
| 2009-12-31 | 20.48% |
| 2009-09-30 | 21.78% |
| 2009-06-30 | 23.71% |
| 2009-03-31 | 24.51% |
| 2008-12-31 | -50.70% |
| 2008-06-30 | 29.72% |
| 2008-03-31 | 29.03% |
| 2007-12-31 | 27.92% |
| 2007-09-30 | 28.76% |
| 2007-06-30 | 28.42% |
| 2007-03-31 | 29.02% |
| 2006-12-31 | 30.59% |
| 2006-09-30 | 28.27% |
| 2006-06-30 | 29.69% |
| 2006-03-31 | 30.74% |
| 2005-12-31 | 29.19% |
| 2005-09-30 | 29.75% |
| 2005-06-30 | 30.51% |
| 2005-03-31 | 30.69% |
| 2004-12-31 | 29.89% |
| 2004-09-30 | 29.65% |
| 2004-06-30 | 31.23% |
| 2004-05-11 | 30.60% |
| 2003-12-31 | 30.60% |
| 2003-09-30 | 30.17% |
| 2003-06-30 | 30.75% |
| 2003-03-31 | 29.92% |
