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 25.51% is in line with its 5-year average of 24.21%, around the middle of its 5-year range (16.20%–33.91%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.02% above its 12-month average of 24.06%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 25.51%.
TAX RATE
25.51%
TAX RATE AVG TTM
24.06%
TAX RATE AVG 3Y
22.48%
TAX RATE AVG 5Y
24.21%
TAX RATE AVG 10Y
24.84%
TAX RATE AVG 15Y
26.45%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+6.02%
CURRENT VS 3Y AVG
+13.46%
CURRENT VS 5Y AVG
+5.38%
CURRENT VS 10Y AVG
+2.71%
CURRENT VS 15Y AVG
-3.57%
CURRENT VS 20Y AVG
N/A
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 | 25.51% |
| 2026-03-31 | 22.74% |
| 2025-12-31 | 25.70% |
| 2025-09-30 | 23.42% |
| 2025-06-30 | 22.93% |
| 2025-03-31 | 22.69% |
| 2024-12-31 | 27.16% |
| 2024-09-30 | 33.91% |
| 2024-06-30 | 16.20% |
| 2024-03-31 | 17.52% |
| 2023-12-31 | 19.09% |
| 2023-06-30 | 24.33% |
| 2023-03-31 | 23.74% |
| 2022-12-31 | 24.27% |
| 2022-09-30 | 24.70% |
| 2022-06-30 | 24.37% |
| 2022-03-31 | 23.41% |
| 2021-12-31 | 23.16% |
| 2021-09-30 | 24.71% |
| 2021-06-30 | 24.44% |
| 2021-03-31 | 24.23% |
| 2020-12-31 | 25.82% |
| 2020-09-30 | 25.52% |
| 2020-06-30 | 24.65% |
| 2020-03-31 | 23.71% |
| 2019-12-31 | 38.35% |
| 2019-09-30 | 21.94% |
| 2019-06-30 | 33.02% |
| 2019-03-31 | 20.08% |
| 2018-12-31 | 16.73% |
| 2018-09-30 | 20.15% |
| 2018-06-30 | 20.23% |
| 2018-03-31 | 17.09% |
| 2017-12-31 | 88.08% |
| 2017-09-30 | 34.63% |
| 2017-06-30 | 31.51% |
| 2017-03-31 | 31.32% |
| 2016-12-31 | 33.04% |
| 2016-09-30 | 34.65% |
| 2016-06-30 | 31.42% |
| 2016-03-31 | 30.35% |
| 2015-12-31 | 10.09% |
| 2015-09-30 | 2.29% |
| 2015-06-30 | 31.63% |
| 2015-03-31 | 30.11% |
| 2014-12-31 | 28.10% |
| 2014-09-30 | 26.91% |
| 2014-06-30 | 27.66% |
| 2014-03-31 | 27.51% |
| 2013-12-31 | 38.66% |
| 2013-09-30 | 41.08% |
| 2013-06-30 | 37.05% |
| 2013-03-31 | 37.81% |
| 2012-12-31 | 49.70% |
| 2012-09-30 | 0.00% |
