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 37.07% is 20% above its 5-year average of 30.97%, around the middle of its 5-year range (12.04%–60.17%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.73% above its 12-month average of 36.09%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 37.07%.
TAX RATE
37.07%
TAX RATE AVG TTM
36.09%
TAX RATE AVG 3Y
34.32%
TAX RATE AVG 5Y
30.97%
TAX RATE AVG 10Y
35.84%
TAX RATE AVG 15Y
41.75%
TAX RATE AVG 20Y
42.29%
CURRENT VS TTM AVG
+2.73%
CURRENT VS 3Y AVG
+8.03%
CURRENT VS 5Y AVG
+19.69%
CURRENT VS 10Y AVG
+3.43%
CURRENT VS 15Y AVG
-11.21%
CURRENT VS 20Y AVG
-12.34%
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 | 37.07% |
| 2026-03-31 | 37.17% |
| 2025-12-31 | 40.29% |
| 2025-09-30 | 27.22% |
| 2025-06-30 | 38.68% |
| 2025-03-31 | 37.95% |
| 2024-12-31 | 16.61% |
| 2024-09-30 | 60.17% |
| 2024-06-30 | 12.04% |
| 2023-09-30 | 33.20% |
| 2023-06-30 | 37.10% |
| 2023-03-31 | 32.92% |
| 2022-12-31 | 28.55% |
| 2022-09-30 | 17.98% |
| 2022-06-30 | 25.75% |
| 2022-03-31 | 31.89% |
| 2021-12-31 | 45.71% |
| 2021-09-30 | 34.90% |
| 2021-06-30 | 22.50% |
| 2021-03-31 | 22.74% |
| 2020-12-31 | 48.08% |
| 2020-09-30 | 9.95% |
| 2020-06-30 | 77.04% |
| 2019-12-31 | 40.66% |
| 2019-09-30 | 57.82% |
| 2019-06-30 | 76.38% |
| 2018-12-31 | 147.78% |
| 2018-09-30 | -136.03% |
| 2018-06-30 | 6.42% |
| 2018-03-31 | -50.46% |
| 2017-12-31 | 218.89% |
| 2017-09-30 | 14.08% |
| 2016-09-30 | 61.86% |
| 2016-06-30 | 42.60% |
| 2015-12-31 | 35.78% |
| 2015-09-30 | 35.31% |
| 2015-06-30 | 36.19% |
| 2015-03-31 | 51.00% |
| 2014-12-31 | 72.19% |
| 2014-09-30 | 25.27% |
| 2014-06-30 | 25.33% |
| 2014-03-31 | 82.61% |
| 2013-12-31 | 59.47% |
| 2013-09-30 | 63.01% |
| 2013-06-30 | 32.90% |
| 2013-03-31 | 49.95% |
| 2012-12-31 | 83.61% |
| 2012-09-30 | 86.51% |
| 2012-06-30 | 42.62% |
| 2011-09-30 | 425.35% |
| 2011-06-30 | 63.61% |
| 2010-06-30 | 41.32% |
| 2010-03-31 | 42.64% |
| 2009-12-31 | 82.52% |
| 2009-07-30 | 42.35% |
| 2009-03-31 | 39.96% |
| 2008-09-30 | 42.55% |
| 2008-06-30 | 41.19% |
| 2008-03-31 | 40.94% |
| 2007-09-30 | 31.27% |
| 2007-06-30 | 46.07% |
| 2007-03-31 | 39.07% |