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 22.29% is in line with its 5-year average of 22.44%, near the low end of its 5-year range (14.66%–46.93%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.64% above its 12-month average of 21.93%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.29%.
TAX RATE
22.29%
TAX RATE AVG TTM
21.93%
TAX RATE AVG 3Y
28.04%
TAX RATE AVG 5Y
22.44%
TAX RATE AVG 10Y
22.94%
TAX RATE AVG 15Y
27.08%
TAX RATE AVG 20Y
27.42%
CURRENT VS TTM AVG
+1.64%
CURRENT VS 3Y AVG
-20.51%
CURRENT VS 5Y AVG
-0.67%
CURRENT VS 10Y AVG
-2.84%
CURRENT VS 15Y AVG
-17.68%
CURRENT VS 20Y AVG
-18.70%
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 | 22.29% |
| 2026-03-31 | 29.19% |
| 2025-12-31 | 18.54% |
| 2025-09-30 | 21.83% |
| 2025-06-30 | 17.81% |
| 2025-03-31 | 22.59% |
| 2024-06-30 | 45.18% |
| 2024-03-31 | 46.93% |
| 2023-03-31 | 22.39% |
| 2022-12-31 | 14.66% |
| 2022-09-30 | 24.96% |
| 2022-06-30 | 22.43% |
| 2022-03-31 | 21.86% |
| 2021-12-31 | 22.99% |
| 2021-09-30 | 21.45% |
| 2021-06-30 | 21.66% |
| 2021-03-31 | 21.60% |
| 2020-12-31 | 25.10% |
| 2020-09-30 | 20.14% |
| 2020-06-30 | 20.15% |
| 2020-03-31 | 18.18% |
| 2019-12-31 | 12.39% |
| 2019-09-30 | 21.03% |
| 2019-06-30 | 9.20% |
| 2019-03-31 | 19.99% |
| 2018-12-31 | 28.82% |
| 2018-09-30 | 19.89% |
| 2018-06-30 | 19.83% |
| 2018-03-31 | 20.28% |
| 2017-12-31 | 111.98% |
| 2017-09-30 | 32.32% |
| 2017-03-31 | 36.23% |
| 2016-12-31 | 37.90% |
| 2016-09-30 | 33.21% |
| 2016-06-30 | 33.31% |
| 2016-03-31 | 27.83% |
| 2015-12-31 | 34.14% |
| 2015-09-30 | 33.41% |
| 2015-06-30 | 33.24% |
| 2015-03-31 | 32.89% |
| 2014-12-31 | 32.70% |
| 2014-09-30 | 33.23% |
| 2014-06-30 | 35.16% |
| 2014-03-31 | 32.54% |
| 2013-12-31 | 33.24% |
| 2013-09-30 | 32.60% |
| 2013-06-30 | 32.36% |
| 2013-03-31 | 32.54% |
| 2012-12-31 | 32.52% |
| 2012-09-30 | 32.40% |
| 2012-06-30 | 31.10% |
| 2012-05-08 | 32.98% |
| 2011-12-31 | 31.38% |
| 2011-09-30 | 32.94% |
| 2011-06-30 | 16.84% |
| 2011-03-31 | 32.39% |
| 2010-09-30 | 31.87% |
| 2010-06-30 | 31.62% |
| 2010-03-31 | 31.60% |
| 2009-12-31 | 32.32% |
| 2009-09-30 | -31.34% |
| 2009-03-31 | 27.65% |
| 2008-12-31 | -31.52% |
| 2008-06-30 | 25.12% |
| 2008-03-31 | 26.00% |
| 2007-12-31 | -5.76% |
| 2007-09-30 | 26.57% |
| 2007-06-30 | -8.92% |
| 2001-05-09 | 0.00% |
