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 23.32% is 18% above its 5-year average of 19.80%, near the high end of its 5-year range (8.16%–29.08%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.38% above its 12-month average of 21.32%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 23.32%.
TAX RATE
23.32%
TAX RATE AVG TTM
21.32%
TAX RATE AVG 3Y
19.41%
TAX RATE AVG 5Y
19.80%
TAX RATE AVG 10Y
21.00%
TAX RATE AVG 15Y
28.04%
TAX RATE AVG 20Y
24.07%
CURRENT VS TTM AVG
+9.38%
CURRENT VS 3Y AVG
+20.14%
CURRENT VS 5Y AVG
+17.74%
CURRENT VS 10Y AVG
+11.03%
CURRENT VS 15Y AVG
-16.83%
CURRENT VS 20Y AVG
-3.12%
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 | 23.32% |
| 2026-03-31 | 24.42% |
| 2025-12-31 | 11.08% |
| 2025-09-30 | 26.25% |
| 2025-06-30 | 21.52% |
| 2025-03-31 | 17.45% |
| 2024-12-31 | 10.83% |
| 2024-09-30 | 23.45% |
| 2024-06-30 | 21.36% |
| 2024-03-31 | 20.11% |
| 2023-12-31 | 15.27% |
| 2023-09-30 | 29.08% |
| 2023-06-30 | 8.16% |
| 2023-03-31 | 16.49% |
| 2022-12-31 | 25.06% |
| 2022-09-30 | 25.56% |
| 2022-06-30 | 15.12% |
| 2022-03-31 | 23.04% |
| 2021-09-30 | 11.03% |
| 2021-06-30 | 27.48% |
| 2021-03-31 | 28.70% |
| 2020-12-31 | 18.75% |
| 2020-09-30 | 18.55% |
| 2020-06-30 | 23.56% |
| 2020-03-31 | 20.76% |
| 2019-12-31 | 11.53% |
| 2019-09-30 | 24.78% |
| 2019-06-30 | 23.04% |
| 2019-03-31 | 22.79% |
| 2018-12-31 | 20.33% |
| 2018-09-30 | 26.19% |
| 2018-06-30 | 22.87% |
| 2018-03-31 | 10.24% |
| 2017-12-31 | -183.21% |
| 2017-09-30 | 39.74% |
| 2017-06-30 | 24.97% |
| 2017-03-31 | 34.54% |
| 2016-09-30 | 28.40% |
| 2016-06-30 | 42.14% |
| 2016-03-31 | 40.08% |
| 2015-12-31 | 11.53% |
| 2015-09-30 | 39.95% |
| 2015-06-30 | 41.55% |
| 2015-03-31 | 43.28% |
| 2014-12-31 | 37.79% |
| 2014-09-30 | 28.27% |
| 2014-06-30 | 42.80% |
| 2014-03-31 | 41.73% |
| 2013-12-31 | 50.62% |
| 2013-09-30 | 41.50% |
| 2013-06-30 | 41.41% |
| 2013-03-31 | 39.72% |
| 2012-12-31 | 46.08% |
| 2012-09-30 | 47.60% |
| 2012-06-30 | 40.32% |
| 2012-03-31 | 39.83% |
| 2011-12-31 | 39.93% |
| 2011-09-30 | 33.13% |
| 2011-06-30 | 40.97% |
| 2011-03-31 | 40.80% |
| 2010-12-31 | 25.11% |
| 2010-09-30 | 52.75% |
| 2010-06-30 | 42.48% |
| 2010-03-31 | 42.52% |
| 2009-12-31 | -732.89% |
| 2009-09-30 | 4.42% |
| 2009-06-30 | 7.08% |
| 2009-03-31 | 6.14% |
| 2008-12-31 | -27.32% |
| 2008-09-30 | 0.00% |
| 2008-06-30 | 1.07% |
| 2008-03-31 | 0.00% |
| 2007-12-31 | -217.39% |
| 2007-09-30 | 2.31% |
| 2007-06-30 | 1.12% |
| 2007-03-31 | 8.36% |
| 2006-12-31 | 2.35% |
| 2006-09-30 | -3.14% |
| 2006-06-30 | -2.85% |
| 2006-03-31 | 3.59% |
| 2005-12-31 | 1.11% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | -0.70% |
| 2005-03-31 | 0.00% |
