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 7.90% is 41% below its 5-year average of 13.29%, around the middle of its 5-year range (-3.95%–16.02%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.32% below its 12-month average of 8.52%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 7.90%.
TAX RATE
7.90%
TAX RATE AVG TTM
8.52%
TAX RATE AVG 3Y
12.30%
TAX RATE AVG 5Y
13.29%
TAX RATE AVG 10Y
13.60%
TAX RATE AVG 15Y
18.70%
TAX RATE AVG 20Y
19.78%
CURRENT VS TTM AVG
-7.32%
CURRENT VS 3Y AVG
-35.81%
CURRENT VS 5Y AVG
-40.59%
CURRENT VS 10Y AVG
-41.94%
CURRENT VS 15Y AVG
-57.77%
CURRENT VS 20Y AVG
-60.09%
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 | 7.90% |
| 2026-03-31 | -3.95% |
| 2025-12-31 | 12.88% |
| 2025-09-30 | 13.05% |
| 2025-06-30 | 12.73% |
| 2025-03-31 | 12.46% |
| 2024-12-31 | 16.02% |
| 2024-09-30 | 12.71% |
| 2024-06-30 | 9.24% |
| 2024-03-31 | 12.46% |
| 2023-12-31 | 9.43% |
| 2023-09-30 | 13.78% |
| 2023-06-30 | 14.95% |
| 2023-03-31 | 15.01% |
| 2022-12-31 | 15.16% |
| 2022-09-30 | 13.32% |
| 2022-06-30 | 9.05% |
| 2022-03-31 | 13.01% |
| 2021-12-31 | 12.71% |
| 2021-09-30 | 14.66% |
| 2021-06-30 | 15.63% |
| 2021-03-31 | 15.32% |
| 2020-12-31 | 14.48% |
| 2020-09-30 | 13.44% |
| 2020-06-30 | 12.29% |
| 2020-03-31 | 9.24% |
| 2019-12-31 | 14.78% |
| 2019-09-30 | 14.71% |
| 2019-06-30 | 15.88% |
| 2019-03-31 | 15.17% |
| 2018-12-31 | 12.48% |
| 2018-09-30 | 17.10% |
| 2018-06-30 | 16.73% |
| 2018-03-31 | 15.27% |
| 2017-12-31 | 38.42% |
| 2017-09-30 | 24.58% |
| 2017-06-30 | 22.99% |
| 2017-03-31 | 23.61% |
| 2016-12-31 | 26.04% |
| 2016-09-30 | 26.18% |
| 2016-06-30 | 25.13% |
| 2016-03-31 | 23.96% |
| 2015-12-31 | 23.76% |
| 2015-09-30 | 27.76% |
| 2015-06-30 | 33.02% |
| 2015-03-31 | 26.51% |
| 2014-12-31 | 26.55% |
| 2014-09-30 | 27.06% |
| 2014-06-30 | 27.97% |
| 2014-03-31 | 25.32% |
| 2013-12-31 | 21.78% |
| 2013-09-30 | 20.41% |
| 2013-06-30 | 27.76% |
| 2013-03-31 | 28.23% |
| 2012-12-31 | 23.42% |
| 2012-09-30 | 25.89% |
| 2012-06-30 | 26.32% |
| 2012-03-31 | 27.68% |
| 2011-12-31 | 23.32% |
| 2011-09-30 | 27.53% |
| 2011-06-30 | 20.28% |
| 2011-03-31 | 30.52% |
| 2010-12-31 | -5.66% |
| 2010-10-28 | -52.66% |
| 2010-03-31 | -136.72% |
| 2009-03-31 | 22.83% |
| 2008-12-31 | -20.77% |
| 2008-09-30 | 30.44% |
| 2008-06-30 | 27.58% |
| 2008-03-31 | 27.70% |
| 2007-12-31 | 24.50% |
| 2007-09-30 | 27.84% |
| 2007-06-30 | 22.34% |
| 2007-03-31 | 29.90% |
| 2006-12-31 | 25.07% |
| 2006-09-30 | 29.30% |
| 2006-06-30 | 30.92% |
| 2006-03-31 | 29.64% |
| 2005-12-31 | 32.06% |
| 2005-09-30 | 30.49% |
| 2005-06-30 | 31.34% |
| 2005-03-31 | 27.76% |
| 2004-12-31 | 31.42% |
| 2004-09-30 | 30.64% |
| 2004-06-30 | 31.65% |
| 2004-03-31 | 30.03% |
| 2003-12-31 | 26.34% |
| 2003-09-30 | 27.12% |
| 2003-06-30 | 27.43% |
| 2003-03-31 | 31.45% |
| 2002-12-31 | 31.25% |
| 2002-09-30 | 34.59% |
