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 22.01% is in line with its 5-year average of 20.68%, near the high end of its 5-year range (-130.08%–26.24%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.45% above its 12-month average of 21.91%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.01%.
TAX RATE
22.01%
TAX RATE AVG TTM
21.91%
TAX RATE AVG 3Y
20.56%
TAX RATE AVG 5Y
20.68%
TAX RATE AVG 10Y
22.03%
TAX RATE AVG 15Y
28.01%
TAX RATE AVG 20Y
30.18%
CURRENT VS TTM AVG
+0.45%
CURRENT VS 3Y AVG
+7.04%
CURRENT VS 5Y AVG
+6.46%
CURRENT VS 10Y AVG
-0.07%
CURRENT VS 15Y AVG
-21.42%
CURRENT VS 20Y AVG
-27.08%
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 | 22.01% |
| 2026-03-31 | 23.18% |
| 2025-12-31 | 20.95% |
| 2025-09-30 | 21.28% |
| 2025-06-30 | 22.14% |
| 2025-03-31 | 18.62% |
| 2024-12-31 | 21.59% |
| 2024-09-30 | 22.14% |
| 2024-06-30 | 21.01% |
| 2024-03-31 | 21.73% |
| 2023-12-31 | 18.03% |
| 2023-09-30 | 16.19% |
| 2023-06-30 | 18.46% |
| 2023-03-31 | 13.08% |
| 2022-12-31 | 21.05% |
| 2022-09-30 | 17.36% |
| 2022-06-30 | 21.06% |
| 2022-03-31 | -130.08% |
| 2021-12-31 | 26.24% |
| 2021-09-30 | 24.47% |
| 2021-06-30 | 22.95% |
| 2021-03-31 | 24.80% |
| 2020-12-31 | 20.87% |
| 2020-09-30 | 14.18% |
| 2020-06-30 | 27.62% |
| 2020-03-31 | 27.59% |
| 2019-12-31 | 24.55% |
| 2019-09-30 | 25.61% |
| 2019-06-30 | 22.29% |
| 2019-03-31 | 25.87% |
| 2018-12-31 | 27.01% |
| 2018-09-30 | 26.08% |
| 2018-06-30 | 24.91% |
| 2018-03-31 | 11.07% |
| 2017-12-31 | 71.02% |
| 2017-09-30 | 37.87% |
| 2017-06-30 | 35.08% |
| 2017-03-31 | 34.23% |
| 2016-12-31 | 35.08% |
| 2016-09-30 | 36.57% |
| 2016-06-30 | 35.72% |
| 2016-03-31 | 35.42% |
| 2015-12-31 | 37.74% |
| 2015-09-30 | 32.59% |
| 2015-06-30 | 35.79% |
| 2015-03-31 | 35.51% |
| 2014-12-31 | 17.61% |
| 2014-09-30 | 33.14% |
| 2014-06-30 | 37.16% |
| 2014-03-31 | 39.10% |
| 2013-12-31 | 38.93% |
| 2013-09-30 | 36.15% |
| 2013-06-30 | 40.82% |
| 2013-03-31 | 42.63% |
| 2012-12-31 | 46.85% |
| 2012-09-30 | 42.09% |
| 2012-06-30 | 42.24% |
| 2011-12-31 | -49.78% |
| 2011-06-30 | 44.28% |
| 2010-12-31 | 27.48% |
| 2010-09-30 | 35.05% |
| 2010-06-30 | 23.83% |
| 2010-03-31 | 38.52% |
| 2009-12-31 | 35.48% |
| 2009-09-30 | 38.89% |
| 2009-06-30 | 38.43% |
| 2009-03-31 | 40.78% |
| 2008-12-31 | 38.09% |
| 2008-09-30 | 37.60% |
| 2008-06-30 | 38.64% |
| 2008-03-31 | 39.38% |
| 2007-12-31 | 37.54% |
| 2007-09-30 | 38.98% |
| 2007-06-30 | 38.58% |
| 2007-03-31 | 34.09% |
| 2006-12-31 | 36.44% |
| 2006-09-30 | 39.10% |
| 2006-06-30 | 38.33% |
| 2006-03-31 | 39.99% |
| 2005-09-30 | 41.54% |
| 2005-06-30 | 45.22% |
| 2005-03-31 | 48.07% |
| 2004-12-31 | 53.92% |
| 2004-09-30 | 41.69% |
| 2004-06-30 | 43.28% |
| 2004-03-31 | 39.23% |
| 2003-09-30 | 48.41% |
| 2003-06-30 | 20.37% |
| 2002-12-31 | 46.81% |
| 2002-09-30 | 47.71% |
