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 22.94% is in line with its 5-year average of 22.43%, around the middle of its 5-year range (18.52%–25.10%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.78% below its 12-month average of 23.60%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.94%.
TAX RATE
22.94%
TAX RATE AVG TTM
23.60%
TAX RATE AVG 3Y
22.70%
TAX RATE AVG 5Y
22.43%
TAX RATE AVG 10Y
22.35%
TAX RATE AVG 15Y
24.29%
TAX RATE AVG 20Y
26.50%
CURRENT VS TTM AVG
-2.78%
CURRENT VS 3Y AVG
+1.08%
CURRENT VS 5Y AVG
+2.29%
CURRENT VS 10Y AVG
+2.64%
CURRENT VS 15Y AVG
-5.52%
CURRENT VS 20Y AVG
-13.42%
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 | 22.94% |
| 2026-03-31 | 23.63% |
| 2025-12-31 | 23.49% |
| 2025-09-30 | 25.10% |
| 2025-06-30 | 22.84% |
| 2025-03-31 | 23.37% |
| 2024-12-31 | 18.52% |
| 2024-09-30 | 22.99% |
| 2024-06-30 | 21.21% |
| 2024-03-31 | 21.49% |
| 2023-12-31 | 22.75% |
| 2023-09-30 | 20.17% |
| 2023-06-30 | 22.41% |
| 2023-03-31 | 22.25% |
| 2022-12-31 | 20.49% |
| 2022-09-30 | 21.76% |
| 2022-06-30 | 22.02% |
| 2022-03-31 | 22.45% |
| 2021-12-31 | 22.52% |
| 2021-09-30 | 23.40% |
| 2021-06-30 | 21.33% |
| 2021-03-31 | 22.63% |
| 2020-12-31 | 22.18% |
| 2020-09-30 | 14.37% |
| 2020-06-30 | 22.72% |
| 2020-03-31 | 20.00% |
| 2019-12-31 | 20.64% |
| 2019-09-30 | 18.59% |
| 2019-06-30 | 21.74% |
| 2019-03-31 | 19.51% |
| 2018-12-31 | 23.82% |
| 2018-09-30 | 20.18% |
| 2018-06-30 | 21.66% |
| 2018-03-31 | 23.96% |
| 2017-12-31 | 24.15% |
| 2017-09-30 | 26.38% |
| 2017-06-30 | 26.10% |
| 2017-03-31 | 27.32% |
| 2016-12-31 | 21.17% |
| 2016-09-30 | 29.64% |
| 2016-06-30 | 26.91% |
| 2016-03-31 | 26.59% |
| 2015-12-31 | 23.59% |
| 2015-09-30 | 29.19% |
| 2015-06-30 | 29.35% |
| 2015-03-31 | 28.99% |
| 2014-12-31 | 27.80% |
| 2014-09-30 | 29.50% |
| 2014-06-30 | 29.32% |
| 2014-03-31 | 28.47% |
| 2013-12-31 | 27.12% |
| 2013-09-30 | 26.34% |
| 2013-06-30 | 29.22% |
| 2013-03-31 | 28.25% |
| 2012-09-30 | 28.58% |
| 2012-06-30 | 30.22% |
| 2012-03-31 | 29.52% |
| 2011-12-31 | 29.44% |
| 2011-09-30 | 23.40% |
| 2011-06-30 | 31.50% |
| 2011-03-31 | 31.85% |
| 2010-12-31 | 31.46% |
| 2010-09-30 | 32.55% |
| 2010-06-30 | 32.01% |
| 2010-03-31 | 33.06% |
| 2009-12-31 | 32.23% |
| 2009-09-30 | 32.24% |
| 2009-06-30 | 33.38% |
| 2009-03-31 | 33.80% |
| 2008-12-31 | 33.04% |
| 2008-09-30 | 32.55% |
| 2008-06-30 | 34.86% |
| 2008-03-31 | 33.91% |
| 2007-12-31 | 33.87% |
| 2007-09-30 | 33.13% |
| 2007-06-30 | 33.94% |
| 2007-03-31 | 33.93% |
| 2006-12-31 | 32.12% |
| 2006-09-30 | 35.34% |
| 2006-06-30 | 33.56% |
| 2006-03-31 | 34.00% |
| 2005-12-31 | 35.00% |
| 2005-09-30 | 34.06% |
| 2005-06-30 | 35.09% |
| 2005-03-31 | 36.00% |
| 2004-12-31 | 34.00% |
| 2004-09-30 | 35.00% |
| 2004-06-30 | 36.50% |
| 2004-03-31 | 36.50% |
| 2003-12-31 | 35.50% |
| 2003-09-30 | 35.50% |
| 2003-06-30 | 35.50% |
| 2003-03-31 | 35.50% |
| 2002-12-31 | 35.50% |
| 2002-09-30 | 34.56% |
