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 24.65% is in line with its 5-year average of 22.53%, near the high end of its 5-year range (17.24%–25.52%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.81% above its 12-month average of 23.98%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 24.65%.
TAX RATE
24.65%
TAX RATE AVG TTM
23.98%
TAX RATE AVG 3Y
22.69%
TAX RATE AVG 5Y
22.53%
TAX RATE AVG 10Y
22.43%
TAX RATE AVG 15Y
28.31%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+2.81%
CURRENT VS 3Y AVG
+8.66%
CURRENT VS 5Y AVG
+9.41%
CURRENT VS 10Y AVG
+9.89%
CURRENT VS 15Y AVG
-12.92%
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 | 24.65% |
| 2026-03-31 | 23.49% |
| 2025-12-31 | 22.41% |
| 2025-09-30 | 24.85% |
| 2025-06-30 | 24.48% |
| 2025-03-31 | 21.65% |
| 2024-12-31 | 21.23% |
| 2024-09-30 | 20.76% |
| 2024-06-30 | 25.52% |
| 2024-03-31 | 22.90% |
| 2023-12-31 | 19.90% |
| 2023-09-30 | 19.28% |
| 2023-06-30 | 23.81% |
| 2023-03-31 | 22.25% |
| 2022-12-31 | 22.80% |
| 2022-09-30 | 17.24% |
| 2022-06-30 | 25.22% |
| 2022-03-31 | 25.22% |
| 2021-12-31 | 21.82% |
| 2021-09-30 | 20.34% |
| 2021-06-30 | 23.31% |
| 2021-03-31 | 20.37% |
| 2020-12-31 | 22.14% |
| 2020-09-30 | 20.16% |
| 2020-06-30 | 24.61% |
| 2020-03-31 | 24.20% |
| 2019-12-31 | 18.65% |
| 2019-09-30 | 20.69% |
| 2019-06-30 | 21.65% |
| 2019-03-31 | 13.53% |
| 2018-12-31 | 19.47% |
| 2018-09-30 | 20.53% |
| 2018-06-30 | 23.27% |
| 2018-03-31 | 18.79% |
| 2017-12-31 | 25.47% |
| 2017-09-30 | 35.11% |
| 2017-06-30 | 27.99% |
| 2017-03-31 | 26.48% |
| 2016-12-31 | 37.20% |
| 2016-09-30 | 34.18% |
| 2016-06-30 | 38.45% |
| 2016-03-31 | 37.98% |
| 2015-12-31 | 38.56% |
| 2015-09-30 | 31.78% |
| 2015-06-30 | 38.97% |
| 2015-03-31 | 38.82% |
| 2014-12-31 | 38.14% |
| 2014-09-30 | 36.12% |
| 2014-06-30 | 38.85% |
| 2014-03-31 | 38.94% |
| 2013-12-31 | 35.21% |
| 2013-09-30 | 41.07% |
| 2013-06-30 | 38.72% |
| 2013-03-31 | 40.42% |
| 2012-12-31 | 36.65% |
| 2012-09-30 | 40.54% |
| 2012-06-30 | 38.46% |
| 2012-03-31 | 39.73% |
| 2011-12-31 | 33.11% |
| 2011-09-30 | 37.26% |
| 2011-06-30 | 41.49% |
| 2011-03-31 | 40.97% |
| 2010-12-31 | 31.86% |
| 2010-09-30 | 41.27% |
| 2010-06-30 | 39.20% |
| 2010-03-31 | 40.56% |
| 2009-12-31 | 37.20% |
| 2009-09-30 | 45.96% |
| 2009-06-30 | 39.81% |
| 2009-03-31 | 39.95% |
| 2008-12-31 | 30.88% |
| 2008-09-30 | 40.18% |
| 2008-06-30 | 38.61% |
