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 23.18% is in line with its 5-year average of 21.57%, near the high end of its 5-year range (-32.82%–32.50%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.85% below its 12-month average of 23.85%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 23.18%.
TAX RATE
23.18%
TAX RATE AVG TTM
23.85%
TAX RATE AVG 3Y
21.43%
TAX RATE AVG 5Y
21.57%
TAX RATE AVG 10Y
13.99%
TAX RATE AVG 15Y
1.82%
TAX RATE AVG 20Y
7.02%
CURRENT VS TTM AVG
-2.85%
CURRENT VS 3Y AVG
+8.13%
CURRENT VS 5Y AVG
+7.42%
CURRENT VS 10Y AVG
+65.64%
CURRENT VS 15Y AVG
+1175.97%
CURRENT VS 20Y AVG
+230.32%
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 | 23.18% |
| 2026-03-31 | 23.01% |
| 2025-12-31 | 29.83% |
| 2025-09-30 | 22.04% |
| 2025-06-30 | 21.21% |
| 2024-12-31 | 25.63% |
| 2024-09-30 | 19.67% |
| 2024-06-30 | 20.36% |
| 2024-03-31 | 20.32% |
| 2023-12-31 | 32.50% |
| 2023-09-30 | 18.63% |
| 2023-06-30 | 20.25% |
| 2023-03-31 | 18.68% |
| 2022-12-31 | -32.82% |
| 2022-09-30 | 23.85% |
| 2021-12-31 | 15.36% |
| 2021-06-30 | 11.69% |
| 2021-03-31 | -3.82% |
| 2020-12-31 | 5.40% |
| 2020-06-30 | 15.72% |
| 2019-12-31 | 18.48% |
| 2019-09-30 | -4.95% |
| 2019-06-30 | 7.48% |
| 2019-03-31 | 17.97% |
| 2018-09-30 | -755.05% |
| 2018-06-30 | -24.15% |
| 2018-03-31 | -28.17% |
| 2017-06-30 | -30.13% |
| 2017-03-31 | -32.35% |
| 2016-12-31 | 17.54% |
| 2016-09-30 | 10.03% |
| 2016-03-31 | -264.82% |
| 2015-12-31 | 7.33% |
| 2015-06-30 | -13.76% |
| 2015-03-31 | -109.82% |
| 2014-12-31 | 2.04% |
| 2014-09-30 | -20.09% |
| 2014-06-30 | 25.87% |
| 2014-03-31 | -26.51% |
| 2013-12-31 | 9.26% |
| 2013-09-30 | -37.42% |
| 2013-06-30 | -2.65% |
| 2013-03-31 | -2.55% |
| 2012-12-31 | -103.06% |
| 2012-09-30 | 13.68% |
| 2012-06-30 | -35.13% |
| 2012-03-31 | -33.21% |
| 2011-06-30 | -89.39% |
| 2011-03-31 | 34.54% |
| 2010-12-31 | 52.49% |
| 2010-09-30 | 5.48% |
| 2010-06-30 | 5.73% |
| 2010-03-31 | 9.85% |
| 2009-12-31 | -18.52% |
| 2009-09-30 | 12.22% |
| 2009-06-30 | 16.02% |
| 2009-03-31 | 9.34% |
| 2008-03-31 | 6.64% |
| 2007-12-31 | 12.84% |
| 2007-09-30 | 16.10% |
| 2007-06-30 | 18.74% |
| 2007-03-31 | 15.47% |
| 2006-12-31 | 23.82% |
| 2006-09-30 | 19.85% |
| 2006-06-30 | 11.02% |
| 2006-03-31 | 6.00% |
| 2005-12-31 | 2.59% |
| 2005-09-30 | 13.44% |
| 2005-06-30 | -0.79% |
| 2005-03-31 | -0.57% |
| 2004-12-31 | 4.04% |
| 2004-09-30 | -29.86% |
| 2004-06-30 | -6.19% |
| 2004-03-31 | -10.61% |
| 2003-12-31 | 18.05% |
| 2003-03-31 | 17.26% |
