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 25.64% is in line with its 5-year average of 27.94%, near the high end of its 5-year range (6.95%–31.24%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.51% below its 12-month average of 25.78%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 25.64%.
TAX RATE
25.64%
TAX RATE AVG TTM
25.78%
TAX RATE AVG 3Y
27.65%
TAX RATE AVG 5Y
27.94%
TAX RATE AVG 10Y
21.79%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-0.51%
CURRENT VS 3Y AVG
-7.27%
CURRENT VS 5Y AVG
-8.22%
CURRENT VS 10Y AVG
+17.70%
CURRENT VS 15Y AVG
N/A
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 | 25.64% |
| 2026-03-31 | 25.61% |
| 2025-12-31 | 23.32% |
| 2025-09-30 | 26.49% |
| 2025-06-30 | 27.82% |
| 2025-03-31 | 28.71% |
| 2024-12-31 | 31.24% |
| 2024-09-30 | 28.21% |
| 2024-06-30 | 28.84% |
| 2024-03-31 | 28.94% |
| 2023-12-31 | 28.72% |
| 2023-09-30 | 30.07% |
| 2023-06-30 | 25.86% |
| 2023-03-31 | 28.86% |
| 2022-12-31 | 29.23% |
| 2022-09-30 | 29.21% |
| 2022-06-30 | 29.07% |
| 2022-03-31 | 27.07% |
| 2021-12-31 | 10.46% |
| 2021-09-30 | 17.07% |
| 2021-06-30 | 6.95% |
| 2021-03-31 | 3.58% |
| 2020-12-31 | 3.66% |
| 2020-09-30 | 3.52% |
| 2020-06-30 | 3.51% |
| 2020-03-31 | 3.57% |
| 2019-09-30 | 71.43% |
| 2019-03-31 | 18.18% |
| 2018-12-31 | 76.29% |
| 2018-09-30 | 20.69% |
| 2018-06-30 | 18.07% |
| 2018-03-31 | 19.57% |
| 2017-12-31 | 21.68% |
| 2017-09-30 | 35.26% |
| 2017-06-30 | 27.71% |
| 2016-12-31 | 13.95% |
| 2016-09-30 | 26.32% |
| 2016-06-30 | 27.63% |