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 7.24% is 62% below its 5-year average of 19.18%, near the low end of its 5-year range (5.78%–25.10%).
As of the fiscal period ended Tuesday, June 30, 2026. 49.78% below its 12-month average of 14.41%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 7.24%.
TAX RATE
7.24%
TAX RATE AVG TTM
14.41%
TAX RATE AVG 3Y
17.11%
TAX RATE AVG 5Y
19.18%
TAX RATE AVG 10Y
19.94%
TAX RATE AVG 15Y
24.65%
TAX RATE AVG 20Y
27.40%
CURRENT VS TTM AVG
-49.78%
CURRENT VS 3Y AVG
-57.68%
CURRENT VS 5Y AVG
-62.26%
CURRENT VS 10Y AVG
-63.69%
CURRENT VS 15Y AVG
-70.64%
CURRENT VS 20Y AVG
-73.58%
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 | 7.24% |
| 2026-03-31 | 15.16% |
| 2025-12-31 | 17.89% |
| 2025-09-30 | 17.22% |
| 2025-06-30 | 14.57% |
| 2025-03-31 | 17.00% |
| 2024-12-31 | 5.78% |
| 2024-09-30 | 18.26% |
| 2024-06-30 | 15.49% |
| 2024-03-31 | 16.53% |
| 2023-12-31 | 21.67% |
| 2023-09-30 | 17.30% |
| 2023-06-30 | 23.22% |
| 2023-03-31 | 23.82% |
| 2022-12-31 | 19.11% |
| 2022-09-30 | 22.90% |
| 2022-06-30 | 24.31% |
| 2022-03-31 | 20.03% |
| 2021-12-31 | 25.10% |
| 2021-09-30 | 23.46% |
| 2021-06-30 | 23.37% |
| 2021-03-31 | 23.95% |
| 2020-12-31 | 17.09% |
| 2020-09-30 | 21.03% |
| 2020-06-30 | -138.21% |
| 2020-03-31 | 20.74% |
| 2019-12-31 | 22.24% |
| 2019-09-30 | 21.81% |
| 2019-06-30 | -9.95% |
| 2019-03-31 | -28.21% |
| 2018-12-31 | -60.25% |
| 2018-09-30 | 21.64% |
| 2018-06-30 | 14.95% |
| 2018-03-31 | 18.66% |
| 2017-12-31 | -13.68% |
| 2017-09-30 | 26.59% |
| 2017-06-30 | 19.40% |
| 2017-03-31 | 29.51% |
| 2016-12-31 | 20.53% |
| 2016-06-30 | 30.33% |
| 2016-03-31 | 34.10% |
| 2015-12-31 | 34.86% |
| 2015-09-30 | 31.98% |
| 2015-06-30 | 33.71% |
| 2015-03-31 | 34.11% |
| 2014-12-31 | 27.96% |
| 2014-09-30 | 34.64% |
| 2014-06-30 | 36.26% |
| 2014-03-31 | 34.44% |
| 2013-12-31 | 35.41% |
| 2013-09-30 | 35.17% |
| 2013-06-30 | 35.04% |
| 2013-03-31 | 34.12% |
| 2012-12-31 | 34.09% |
| 2012-09-30 | 35.47% |
| 2012-06-30 | 33.01% |
| 2012-03-31 | 35.76% |
| 2011-12-31 | 34.35% |
| 2011-09-30 | 40.25% |
| 2011-06-30 | 3.38% |
| 2011-03-31 | 32.28% |
| 2010-12-31 | 46.56% |
| 2010-09-30 | 35.31% |
| 2010-03-31 | 43.39% |
| 2009-09-30 | 41.58% |
| 2009-06-30 | 35.00% |
| 2008-12-31 | 30.06% |
| 2008-09-30 | 42.12% |
| 2008-06-30 | 38.55% |
| 2008-03-31 | 38.65% |
| 2007-12-31 | 34.85% |
| 2007-09-30 | 37.81% |
| 2007-06-30 | 34.28% |
| 2007-03-31 | 35.66% |
| 2006-12-31 | 31.22% |
| 2006-09-30 | 26.30% |
| 2006-06-30 | 33.02% |
| 2006-03-31 | 32.41% |
| 2005-12-31 | 34.14% |
| 2005-09-30 | 32.05% |
| 2005-06-30 | 34.67% |
| 2004-12-31 | 32.98% |
| 2004-09-30 | 64.01% |
| 2004-06-30 | 38.54% |
| 2004-03-31 | 33.78% |
