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 28.40% is in line with its 5-year average of 26.68%, near the high end of its 5-year range (11.00%–28.60%).
As of the fiscal period ended Tuesday, June 30, 2026. 17.45% above its 12-month average of 24.18%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 28.40%.
TAX RATE
28.40%
TAX RATE AVG TTM
24.18%
TAX RATE AVG 3Y
26.11%
TAX RATE AVG 5Y
26.68%
TAX RATE AVG 10Y
26.70%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+17.45%
CURRENT VS 3Y AVG
+8.76%
CURRENT VS 5Y AVG
+6.46%
CURRENT VS 10Y AVG
+6.38%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 28.40% |
| 2026-03-31 | 28.60% |
| 2025-12-31 | 22.40% |
| 2025-09-30 | 19.50% |
| 2025-06-30 | 22.00% |
| 2025-03-31 | 26.46% |
| 2024-12-31 | 25.00% |
| 2024-09-30 | 27.00% |
| 2024-06-30 | 27.00% |
| 2024-03-31 | 26.50% |
| 2023-12-31 | 26.99% |
| 2023-09-30 | 26.00% |
| 2023-06-30 | 27.00% |
| 2023-03-31 | 26.50% |
| 2022-12-31 | 26.51% |
| 2022-09-30 | 26.50% |
| 2022-06-30 | 26.50% |
| 2022-03-31 | 26.50% |
| 2021-12-31 | 11.00% |
| 2021-09-30 | 27.01% |
| 2021-06-30 | 27.00% |
| 2021-03-31 | 24.51% |
| 2020-12-31 | 26.49% |
| 2020-09-30 | 26.50% |
| 2020-06-30 | 26.49% |
| 2020-03-31 | 26.51% |
| 2019-12-31 | 23.68% |
| 2019-09-30 | 26.50% |
| 2019-06-30 | 27.25% |
| 2019-03-31 | 27.25% |
| 2018-12-31 | 26.77% |
| 2018-09-30 | 26.74% |
| 2018-06-30 | 26.75% |
| 2018-03-31 | 26.75% |
| 2017-12-31 | 71.61% |
| 2017-09-30 | 39.02% |
| 2017-06-30 | 31.99% |
| 2017-03-31 | 38.49% |
| 2016-12-31 | 37.97% |
| 2016-09-30 | 37.97% |
| 2016-06-30 | 38.99% |
| 2016-03-31 | 38.99% |
| 2015-12-31 | 33.82% |
| 2015-09-30 | 33.82% |
| 2015-06-30 | 40.21% |
| 2015-03-31 | 40.21% |
