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 22.98% is in line with its 5-year average of 24.87%, around the middle of its 5-year range (-175.24%–108.12%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.08% below its 12-month average of 24.73%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2026 (2026-06-30): 22.98%.
TAX RATE
22.98%
TAX RATE AVG TTM
24.73%
TAX RATE AVG 3Y
26.86%
TAX RATE AVG 5Y
24.87%
TAX RATE AVG 10Y
26.95%
TAX RATE AVG 15Y
31.38%
TAX RATE AVG 20Y
32.93%
CURRENT VS TTM AVG
-7.08%
CURRENT VS 3Y AVG
-14.45%
CURRENT VS 5Y AVG
-7.61%
CURRENT VS 10Y AVG
-14.72%
CURRENT VS 15Y AVG
-26.76%
CURRENT VS 20Y AVG
-30.20%
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 | 22.98% |
| 2026-03-31 | 24.91% |
| 2025-12-31 | 28.94% |
| 2025-09-30 | 21.87% |
| 2025-06-30 | 24.96% |
| 2024-12-31 | 22.39% |
| 2024-09-30 | 30.95% |
| 2024-06-30 | 33.91% |
| 2024-03-31 | 32.22% |
| 2023-12-31 | 25.49% |
| 2023-09-30 | 44.21% |
| 2023-06-30 | -167.47% |
| 2023-03-31 | 21.04% |
| 2022-12-31 | 17.23% |
| 2022-09-30 | -175.24% |
| 2022-06-30 | 108.12% |
| 2022-03-31 | 5.94% |
| 2021-09-30 | 23.20% |
| 2021-06-30 | 17.74% |
| 2021-03-31 | 23.91% |
| 2020-12-31 | 15.46% |
| 2020-09-30 | 51.27% |
| 2019-09-30 | 25.20% |
| 2018-12-31 | 27.53% |
| 2018-09-30 | 27.03% |
| 2018-06-30 | 23.46% |
| 2018-03-31 | 31.71% |
| 2017-12-31 | 21.06% |
| 2017-09-30 | 37.45% |
| 2017-06-30 | 34.42% |
| 2017-03-31 | 37.17% |
| 2016-12-31 | 36.74% |
| 2016-09-30 | 38.70% |
| 2016-06-30 | 30.54% |
| 2016-03-31 | 38.19% |
| 2015-12-31 | 37.06% |
| 2015-09-30 | 37.99% |
| 2015-06-30 | 35.56% |
| 2015-03-31 | 38.37% |
| 2014-12-31 | 37.99% |
| 2014-09-30 | 37.04% |
| 2014-06-30 | 36.88% |
| 2014-03-31 | 37.39% |
| 2013-12-31 | 37.77% |
| 2013-09-30 | 36.54% |
| 2013-06-30 | 36.34% |
| 2013-03-31 | 37.74% |
| 2012-12-31 | 37.32% |
| 2012-09-30 | 36.91% |
| 2012-06-30 | 36.33% |
| 2012-03-31 | 36.48% |
| 2011-12-31 | 37.78% |
| 2011-09-30 | 36.72% |
| 2011-06-30 | 34.29% |
| 2011-03-31 | 34.97% |
| 2010-12-31 | 36.03% |
| 2010-09-30 | 38.23% |
| 2010-06-30 | 36.81% |
| 2010-03-31 | 39.27% |
| 2009-12-31 | 37.91% |
| 2009-09-30 | 40.26% |
| 2009-06-30 | 23.84% |
| 2008-12-31 | 36.48% |
| 2008-06-30 | 27.89% |
| 2008-03-31 | 34.63% |
| 2007-12-31 | 36.85% |
| 2007-09-30 | 36.85% |
| 2007-06-30 | 34.89% |
| 2007-03-31 | 36.38% |
| 2006-12-31 | 36.79% |
| 2006-09-30 | 36.95% |
| 2006-06-30 | 39.56% |
| 2006-03-31 | 39.29% |
| 2005-12-31 | 43.07% |
| 2005-09-30 | 37.05% |
| 2005-06-30 | 37.40% |
| 2005-03-31 | -3.66% |
| 2004-12-31 | 38.86% |
| 2004-09-30 | 39.39% |
| 2004-06-30 | 39.37% |
| 2004-03-31 | 39.39% |
| 2003-12-31 | 39.81% |
| 2003-09-30 | 39.25% |
| 2003-06-30 | 45.61% |
| 2003-03-31 | 41.79% |
| 2002-12-31 | 39.22% |
| 2002-09-30 | 39.03% |
