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 16.38% is 27% below its 5-year average of 22.42%, near the low end of its 5-year range (-9.13%–166.94%).
As of the fiscal period ended Tuesday, June 30, 2026. 31.05% below its 12-month average of 23.75%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 16.38%.
TAX RATE
16.38%
TAX RATE AVG TTM
23.75%
TAX RATE AVG 3Y
42.55%
TAX RATE AVG 5Y
22.42%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-31.05%
CURRENT VS 3Y AVG
-61.51%
CURRENT VS 5Y AVG
-26.93%
CURRENT VS 10Y AVG
N/A
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 | 16.38% |
| 2026-03-31 | 27.33% |
| 2025-09-30 | 25.68% |
| 2025-06-30 | 25.63% |
| 2025-03-31 | 30.07% |
| 2024-09-30 | 31.68% |
| 2024-06-30 | 30.19% |
| 2024-03-31 | 29.08% |
| 2023-09-30 | 166.94% |
| 2022-09-30 | 7.94% |
| 2021-12-31 | 22.59% |
| 2021-09-30 | -9.13% |
| 2021-06-30 | 0.00% |
| 2021-03-31 | 0.00% |
| 2020-12-31 | 0.00% |
| 2020-09-30 | 0.00% |
| 2020-06-30 | 0.00% |