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 23.49% is in line with its 5-year average of 22.77%, near the high end of its 5-year range (12.92%–26.22%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.76% above its 12-month average of 22.21%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 23.49%.
TAX RATE
23.49%
TAX RATE AVG TTM
22.21%
TAX RATE AVG 3Y
23.21%
TAX RATE AVG 5Y
22.77%
TAX RATE AVG 10Y
23.59%
TAX RATE AVG 15Y
28.93%
TAX RATE AVG 20Y
30.11%
CURRENT VS TTM AVG
+5.76%
CURRENT VS 3Y AVG
+1.19%
CURRENT VS 5Y AVG
+3.17%
CURRENT VS 10Y AVG
-0.42%
CURRENT VS 15Y AVG
-18.80%
CURRENT VS 20Y AVG
-21.98%
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 | 23.49% |
| 2026-03-31 | 22.35% |
| 2025-12-31 | 21.07% |
| 2025-09-30 | 21.93% |
| 2025-06-30 | 22.20% |
| 2025-03-31 | 21.24% |
| 2024-12-31 | 24.46% |
| 2024-09-30 | 23.20% |
| 2024-06-30 | 26.08% |
| 2024-03-31 | 23.90% |
| 2023-12-31 | 16.54% |
| 2023-09-30 | 26.22% |
| 2023-06-30 | 22.41% |
| 2023-03-31 | 23.00% |
| 2022-12-31 | 12.92% |
| 2022-09-30 | 23.20% |
| 2022-06-30 | 22.67% |
| 2022-03-31 | 21.88% |
| 2021-12-31 | 23.49% |
| 2021-09-30 | 24.99% |
| 2021-06-30 | 21.55% |
| 2021-03-31 | 13.98% |
| 2020-12-31 | 24.84% |
| 2020-09-30 | 24.34% |
| 2020-06-30 | 23.40% |
| 2020-03-31 | 24.08% |
| 2019-12-31 | 22.83% |
| 2019-09-30 | 24.66% |
| 2019-06-30 | 24.91% |
| 2019-03-31 | 24.49% |
| 2018-12-31 | 24.39% |
| 2018-09-30 | 24.91% |
| 2018-06-30 | 23.63% |
| 2018-03-31 | 25.44% |
| 2017-12-31 | 49.30% |
| 2017-09-30 | 31.78% |
| 2017-06-30 | 32.38% |
| 2017-03-31 | 32.96% |
| 2016-12-31 | 36.24% |
| 2016-09-30 | 34.63% |
| 2016-06-30 | 34.74% |
| 2016-03-31 | 35.46% |
| 2015-12-31 | 35.70% |
| 2015-09-30 | 35.08% |
| 2015-06-30 | 36.14% |
| 2015-03-31 | 36.31% |
| 2014-12-31 | 37.34% |
| 2014-09-30 | 37.56% |
| 2014-06-30 | 37.63% |
| 2014-03-31 | 37.21% |
| 2013-12-31 | 37.16% |
| 2013-09-30 | 37.56% |
| 2013-06-30 | 37.72% |
| 2013-03-31 | 37.69% |
| 2012-12-31 | 37.63% |
| 2012-09-30 | 37.67% |
| 2012-06-30 | 37.39% |
| 2012-03-31 | 37.23% |
| 2011-12-31 | 36.65% |
| 2011-09-30 | 36.96% |
| 2011-06-30 | 35.73% |
| 2011-03-31 | 36.47% |
| 2010-12-31 | 34.66% |
| 2010-09-30 | 33.16% |
| 2010-06-30 | 33.06% |
| 2010-03-31 | 34.82% |
| 2009-12-31 | 33.05% |
| 2009-09-30 | 33.46% |
| 2009-06-30 | 30.64% |
| 2009-03-31 | 33.79% |
| 2008-12-31 | 33.62% |
| 2008-09-30 | 33.51% |
| 2008-06-30 | 34.04% |
| 2008-03-31 | 35.01% |
| 2007-12-31 | 34.14% |
| 2007-09-30 | 33.77% |
| 2007-06-30 | 33.93% |
| 2007-03-31 | 31.59% |
| 2006-12-31 | 33.60% |
| 2006-09-30 | 33.65% |
| 2006-06-30 | 34.19% |
| 2006-03-31 | 32.30% |
| 2005-12-31 | 31.62% |
| 2005-09-30 | 35.32% |
| 2005-06-30 | 35.22% |
| 2005-03-31 | 35.20% |
| 2004-12-31 | 26.17% |
| 2004-09-30 | 33.90% |
| 2004-06-30 | 33.49% |
| 2004-03-31 | 33.32% |
| 2003-12-31 | 33.11% |
| 2003-09-30 | 34.44% |
| 2003-06-30 | 33.89% |
| 2003-03-31 | 34.28% |
| 2002-12-31 | 33.89% |
| 2002-09-30 | 33.34% |
