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 26.43% is in line with its 5-year average of 24.82%, around the middle of its 5-year range (20.67%–29.40%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.49% above its 12-month average of 25.79%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 26.43%.
TAX RATE
26.43%
TAX RATE AVG TTM
25.79%
TAX RATE AVG 3Y
25.83%
TAX RATE AVG 5Y
24.82%
TAX RATE AVG 10Y
24.57%
TAX RATE AVG 15Y
30.60%
TAX RATE AVG 20Y
32.56%
CURRENT VS TTM AVG
+2.49%
CURRENT VS 3Y AVG
+2.30%
CURRENT VS 5Y AVG
+6.47%
CURRENT VS 10Y AVG
+7.56%
CURRENT VS 15Y AVG
-13.64%
CURRENT VS 20Y AVG
-18.82%
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 | 26.43% |
| 2026-03-31 | 26.45% |
| 2025-12-31 | 24.36% |
| 2025-06-30 | 25.91% |
| 2025-03-31 | 23.65% |
| 2024-12-31 | 20.67% |
| 2024-09-30 | 26.50% |
| 2024-06-30 | 26.14% |
| 2024-03-31 | 22.83% |
| 2023-12-31 | 25.95% |
| 2023-09-30 | 29.40% |
| 2023-06-30 | 26.57% |
| 2023-03-31 | 23.76% |
| 2022-12-31 | 23.89% |
| 2022-09-30 | 24.26% |
| 2022-06-30 | 24.39% |
| 2022-03-31 | 22.86% |
| 2021-12-31 | 20.85% |
| 2021-09-30 | 25.30% |
| 2021-06-30 | 26.32% |
| 2021-03-31 | 21.51% |
| 2020-12-31 | 23.51% |
| 2020-09-30 | 23.31% |
| 2020-06-30 | 25.94% |
| 2020-03-31 | 25.04% |
| 2019-12-31 | 23.23% |
| 2019-09-30 | 26.00% |
| 2019-06-30 | 25.11% |
| 2019-03-31 | 23.74% |
| 2018-12-31 | 25.94% |
| 2018-09-30 | 27.48% |
| 2018-06-30 | 27.10% |
| 2018-03-31 | 22.01% |
| 2017-12-31 | 19.77% |
| 2017-09-30 | 39.84% |
| 2017-06-30 | 39.31% |
| 2017-03-31 | 35.98% |
| 2016-12-31 | 35.73% |
| 2016-09-30 | 23.85% |
| 2016-06-30 | 40.00% |
| 2016-03-31 | 40.43% |
| 2015-12-31 | 40.55% |
| 2015-09-30 | 40.23% |
| 2015-06-30 | 40.25% |
| 2015-03-31 | 40.15% |
| 2014-12-31 | 39.72% |
| 2014-09-30 | 40.00% |
| 2014-06-30 | 39.45% |
| 2014-03-31 | 39.31% |
| 2013-12-31 | 31.19% |
| 2013-09-30 | 38.61% |
| 2013-06-30 | 39.80% |
| 2013-03-31 | 39.57% |
| 2012-12-31 | 40.60% |
| 2012-09-30 | 36.76% |
| 2012-06-30 | 41.31% |
| 2012-03-31 | 38.41% |
| 2011-12-31 | 37.96% |
| 2011-09-30 | 41.30% |
| 2011-06-30 | 39.71% |
| 2011-03-31 | 39.92% |
| 2010-09-30 | 43.18% |
| 2010-06-30 | 7.28% |
| 2010-03-31 | 42.85% |
| 2009-12-31 | 7.56% |
| 2009-06-30 | 51.53% |
| 2009-03-31 | 44.76% |
| 2008-12-31 | 69.13% |
| 2008-09-30 | 50.12% |
| 2008-06-30 | 52.96% |
| 2008-03-31 | 42.53% |
| 2007-12-31 | 49.79% |
| 2007-09-30 | 36.49% |
| 2007-06-30 | 43.44% |
| 2007-03-31 | 44.07% |
| 2006-12-31 | 40.60% |
| 2006-09-30 | 40.01% |
| 2006-06-30 | 33.56% |
