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 22.82% is in line with its 5-year average of 22.72%, near the high end of its 5-year range (19.64%–23.75%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.05% below its 12-month average of 22.83%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.82%.
TAX RATE
22.82%
TAX RATE AVG TTM
22.83%
TAX RATE AVG 3Y
22.41%
TAX RATE AVG 5Y
22.72%
TAX RATE AVG 10Y
22.33%
TAX RATE AVG 15Y
26.66%
TAX RATE AVG 20Y
27.01%
CURRENT VS TTM AVG
-0.05%
CURRENT VS 3Y AVG
+1.79%
CURRENT VS 5Y AVG
+0.40%
CURRENT VS 10Y AVG
+2.18%
CURRENT VS 15Y AVG
-14.42%
CURRENT VS 20Y AVG
-15.53%
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 | 22.82% |
| 2026-03-31 | 23.08% |
| 2025-12-31 | 22.72% |
| 2025-09-30 | 22.89% |
| 2025-06-30 | 22.63% |
| 2025-03-31 | 22.57% |
| 2024-12-31 | 20.88% |
| 2024-09-30 | 21.06% |
| 2024-06-30 | 21.75% |
| 2024-03-31 | 22.11% |
| 2023-12-31 | 19.92% |
| 2023-09-30 | 22.73% |
| 2023-06-30 | 23.75% |
| 2023-03-31 | 23.69% |
| 2022-12-31 | 19.64% |
| 2022-09-30 | 23.54% |
| 2022-06-30 | 23.39% |
| 2022-03-31 | 23.27% |
| 2021-12-31 | 22.34% |
| 2021-09-30 | 23.23% |
| 2021-06-30 | 23.32% |
| 2021-03-31 | 23.28% |
| 2020-12-31 | 22.69% |
| 2020-09-30 | 22.00% |
| 2020-06-30 | 21.60% |
| 2020-03-31 | 21.80% |
| 2019-12-31 | 22.85% |
| 2019-09-30 | 21.98% |
| 2019-06-30 | 22.02% |
| 2019-03-31 | 21.45% |
| 2018-12-31 | 21.81% |
| 2018-09-30 | 10.94% |
| 2018-06-30 | 21.62% |
| 2018-03-31 | 22.46% |
| 2017-12-31 | 89.83% |
| 2017-09-30 | 33.73% |
| 2017-06-30 | 31.56% |
| 2017-03-31 | 33.00% |
| 2016-12-31 | 36.23% |
| 2016-09-30 | 33.60% |
| 2016-06-30 | 32.58% |
| 2016-03-31 | 32.50% |
| 2015-12-31 | 32.74% |
| 2015-09-30 | 33.01% |
| 2015-06-30 | 28.55% |
| 2015-03-31 | 32.26% |
| 2014-12-31 | 33.90% |
| 2014-09-30 | 33.88% |
| 2014-06-30 | 31.51% |
| 2014-03-31 | 30.91% |
| 2013-12-31 | 31.39% |
| 2013-09-30 | 31.93% |
| 2013-06-30 | 31.82% |
| 2013-03-31 | 32.23% |
| 2012-12-31 | 31.92% |
| 2012-09-30 | 34.60% |
| 2012-06-30 | 32.87% |
| 2012-03-31 | 32.22% |
| 2011-12-31 | 39.97% |
| 2011-09-30 | 31.99% |
| 2011-06-30 | 30.99% |
| 2011-03-31 | 28.99% |
| 2010-12-31 | 26.62% |
| 2010-09-30 | 21.01% |
| 2010-06-30 | 29.25% |
| 2010-03-31 | 29.25% |
| 2009-06-30 | 25.95% |
| 2009-03-31 | 30.97% |
| 2008-09-30 | 27.81% |
| 2008-06-30 | 27.91% |
| 2008-03-31 | 29.04% |
| 2007-12-31 | 30.03% |
| 2007-09-30 | 29.16% |
| 2007-06-30 | 29.06% |
| 2007-03-31 | 29.27% |
| 2006-12-31 | 28.03% |
| 2006-09-30 | 28.59% |
| 2006-06-30 | 29.16% |
| 2006-03-31 | 27.74% |
| 2005-12-31 | 28.04% |
| 2005-09-30 | 27.58% |
| 2005-06-30 | 28.61% |
| 2005-03-31 | 26.99% |
| 2004-12-31 | 32.35% |
| 2004-09-30 | 22.91% |
| 2004-06-30 | 26.00% |
| 2004-03-31 | 28.04% |
| 2003-12-31 | 29.90% |
| 2003-09-30 | 28.90% |
| 2003-06-30 | 27.94% |
| 2003-03-31 | 28.90% |
| 2002-12-31 | 27.54% |
| 2002-09-30 | 30.13% |
