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 34.07% is 25% below its 5-year average of 45.53%, near the low end of its 5-year range (-97.61%–369.95%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.35% above its 12-month average of 31.73%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 34.07%.
TAX RATE
34.07%
TAX RATE AVG TTM
31.73%
TAX RATE AVG 3Y
39.54%
TAX RATE AVG 5Y
45.53%
TAX RATE AVG 10Y
42.37%
TAX RATE AVG 15Y
36.08%
TAX RATE AVG 20Y
44.12%
CURRENT VS TTM AVG
+7.35%
CURRENT VS 3Y AVG
-13.85%
CURRENT VS 5Y AVG
-25.18%
CURRENT VS 10Y AVG
-19.59%
CURRENT VS 15Y AVG
-5.59%
CURRENT VS 20Y AVG
-22.79%
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 | 34.07% |
| 2026-03-31 | 37.24% |
| 2025-12-31 | 17.75% |
| 2025-09-30 | 42.77% |
| 2025-06-30 | 26.84% |
| 2025-03-31 | 31.30% |
| 2024-12-31 | 150.52% |
| 2024-09-30 | 41.18% |
| 2024-06-30 | 66.36% |
| 2024-03-31 | 46.51% |
| 2023-12-31 | -21.97% |
| 2023-09-30 | 35.94% |
| 2023-06-30 | 55.01% |
| 2023-03-31 | 25.68% |
| 2022-12-31 | 66.26% |
| 2022-09-30 | 92.68% |
| 2022-06-30 | 82.08% |
| 2022-03-31 | 369.95% |
| 2021-12-31 | -97.61% |
| 2021-09-30 | 40.15% |
| 2021-06-30 | 32.16% |
| 2021-03-31 | 27.18% |
| 2020-12-31 | -74.17% |
| 2020-09-30 | -16.72% |
| 2020-06-30 | 24.37% |
| 2020-03-31 | 36.74% |
| 2019-12-31 | 72.34% |
| 2019-09-30 | 60.93% |
| 2019-06-30 | 45.73% |
| 2019-03-31 | 40.99% |
| 2018-09-30 | 57.63% |
| 2018-06-30 | 116.36% |
| 2018-03-31 | 79.46% |
| 2017-09-30 | -0.04% |
| 2017-06-30 | 190.52% |
| 2017-03-31 | 43.99% |
| 2016-09-30 | 22.37% |
| 2016-06-30 | 34.75% |
| 2016-03-31 | 51.37% |
| 2015-12-31 | -51.94% |
| 2015-09-30 | 44.41% |
| 2015-06-30 | 24.73% |
| 2015-03-31 | 16.14% |
| 2014-12-31 | 26.12% |
| 2014-09-30 | 26.54% |
| 2014-06-30 | 40.51% |
| 2014-03-31 | -59.57% |
| 2013-12-31 | 30.30% |
| 2013-09-30 | 24.74% |
| 2013-06-30 | 34.88% |
| 2013-03-31 | 33.11% |
| 2012-12-31 | 39.77% |
| 2012-09-30 | 24.98% |
| 2012-06-30 | 30.45% |
| 2012-03-31 | 20.26% |
| 2011-12-31 | 26.69% |
| 2011-06-30 | 26.44% |
| 2011-03-31 | 16.03% |
| 2010-12-31 | 109.91% |
| 2010-09-30 | 37.00% |
| 2010-06-30 | 47.87% |
| 2010-03-31 | -45.57% |
| 2009-12-31 | 32.35% |
| 2009-09-30 | 72.29% |
| 2009-06-30 | 41.00% |
| 2008-12-31 | 185.85% |
| 2008-09-30 | 110.23% |
| 2008-06-30 | 119.00% |
| 2008-03-31 | 182.04% |
| 2007-12-31 | 248.18% |
| 2007-06-30 | 164.18% |
| 2007-03-31 | 154.69% |
| 2006-12-31 | 110.29% |
| 2006-09-30 | 75.83% |
| 2006-06-30 | 178.48% |
| 2005-09-30 | 1.64% |
| 2005-06-30 | 12.56% |
| 2005-03-31 | 29.48% |
| 2004-12-31 | 32.44% |
| 2004-09-30 | 33.78% |
| 2004-06-30 | -3.81% |
| 2004-03-31 | 33.00% |
| 2003-12-31 | 27.52% |
| 2003-06-30 | 25.20% |
| 2003-03-31 | 36.04% |
| 2002-12-31 | 31.75% |
| 2002-09-30 | 7.13% |