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 27.75% is in line with its 5-year average of 27.13%, near the low end of its 5-year range (21.57%–47.88%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.16% above its 12-month average of 26.39%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 27.75%.
TAX RATE
27.75%
TAX RATE AVG TTM
26.39%
TAX RATE AVG 3Y
27.73%
TAX RATE AVG 5Y
27.13%
TAX RATE AVG 10Y
26.45%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+5.16%
CURRENT VS 3Y AVG
+0.08%
CURRENT VS 5Y AVG
+2.29%
CURRENT VS 10Y AVG
+4.90%
CURRENT VS 15Y AVG
N/A
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 | 27.75% |
| 2026-03-31 | 26.16% |
| 2025-12-31 | 21.57% |
| 2025-09-30 | 27.56% |
| 2025-06-30 | 28.91% |
| 2025-03-31 | 26.18% |
| 2024-12-31 | 22.15% |
| 2024-09-30 | 26.30% |
| 2024-06-30 | 27.52% |
| 2024-03-31 | 28.39% |
| 2023-12-31 | 29.68% |
| 2023-09-30 | 26.99% |
| 2023-06-30 | 29.58% |
| 2023-03-31 | 27.07% |
| 2022-12-31 | 47.88% |
| 2022-09-30 | 29.33% |
| 2022-06-30 | 25.99% |
| 2022-03-31 | 25.35% |
| 2021-12-31 | 27.48% |
| 2021-09-30 | 23.37% |
| 2021-06-30 | 24.73% |
| 2021-03-31 | 25.45% |
| 2020-12-31 | 24.57% |
| 2020-09-30 | 23.72% |
| 2020-06-30 | 26.70% |
| 2020-03-31 | 26.58% |
| 2019-12-31 | 26.23% |
| 2019-09-30 | 26.53% |
| 2019-06-30 | 25.57% |
| 2019-03-31 | 28.27% |
| 2018-12-31 | 25.37% |
| 2018-09-30 | 26.02% |
| 2018-06-30 | 27.12% |
| 2018-03-31 | 26.14% |
| 2017-12-31 | 29.13% |
| 2017-09-30 | 38.21% |
| 2017-06-30 | 38.58% |
| 2017-03-31 | 39.62% |
| 2016-12-31 | 44.81% |
| 2016-09-30 | 34.28% |
| 2016-06-30 | 35.48% |
| 2016-03-31 | 33.95% |
| 2015-12-31 | 30.80% |
| 2015-09-30 | 38.00% |
| 2015-06-30 | 38.01% |
| 2015-03-31 | 38.02% |
