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 29.09% is in line with its 5-year average of 27.28%, around the middle of its 5-year range (23.23%–34.67%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.29% above its 12-month average of 29.00%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 29.09%.
TAX RATE
29.09%
TAX RATE AVG TTM
29.00%
TAX RATE AVG 3Y
28.63%
TAX RATE AVG 5Y
27.28%
TAX RATE AVG 10Y
26.36%
TAX RATE AVG 15Y
27.94%
TAX RATE AVG 20Y
30.07%
CURRENT VS TTM AVG
+0.29%
CURRENT VS 3Y AVG
+1.59%
CURRENT VS 5Y AVG
+6.62%
CURRENT VS 10Y AVG
+10.35%
CURRENT VS 15Y AVG
+4.10%
CURRENT VS 20Y AVG
-3.28%
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 | 29.09% |
| 2026-03-31 | 29.17% |
| 2025-12-31 | 30.65% |
| 2025-09-30 | 28.53% |
| 2025-06-30 | 27.58% |
| 2025-03-31 | 27.84% |
| 2024-12-31 | 29.54% |
| 2024-09-30 | 27.79% |
| 2024-06-30 | 27.62% |
| 2024-03-31 | 29.02% |
| 2023-12-31 | 29.45% |
| 2023-09-30 | 27.25% |
| 2023-06-30 | 28.69% |
| 2023-03-31 | 28.66% |
| 2022-12-31 | 34.67% |
| 2022-09-30 | 24.17% |
| 2022-06-30 | 23.73% |
| 2022-03-31 | 23.47% |
| 2021-12-31 | 23.56% |
| 2021-09-30 | 26.63% |
| 2021-06-30 | 23.23% |
| 2021-03-31 | 23.23% |
| 2020-12-31 | 14.32% |
| 2020-09-30 | 23.39% |
| 2020-06-30 | 23.28% |
| 2020-03-31 | 23.41% |
| 2019-12-31 | 22.79% |
| 2019-09-30 | 23.40% |
| 2019-06-30 | 24.17% |
| 2019-03-31 | 23.52% |
| 2018-12-31 | 20.97% |
| 2018-09-30 | 23.75% |
| 2018-06-30 | 23.36% |
| 2018-03-31 | 23.36% |
| 2017-12-31 | 55.52% |
| 2017-09-30 | 40.15% |
| 2017-06-30 | 40.11% |
| 2017-03-31 | 39.19% |
| 2016-12-31 | 39.11% |
| 2016-09-30 | 37.27% |
| 2015-12-31 | 36.97% |
| 2015-09-30 | 36.53% |
| 2015-06-30 | 25.53% |
| 2014-12-31 | 35.33% |
| 2014-09-30 | 30.51% |
| 2014-06-30 | 31.53% |
| 2014-03-31 | 20.96% |
| 2013-12-31 | 36.84% |
| 2013-09-30 | 27.43% |
| 2013-06-30 | 26.73% |
| 2013-03-31 | 8.41% |
| 2012-06-30 | 20.18% |
| 2012-03-31 | 20.75% |
| 2011-12-31 | 26.07% |
| 2011-09-30 | 31.12% |
| 2011-06-30 | 33.33% |
| 2011-03-31 | 37.87% |
| 2010-12-31 | 38.40% |
| 2010-09-30 | 34.07% |
| 2010-06-30 | -55.56% |
| 2010-03-31 | 31.99% |
| 2009-03-31 | 40.26% |
| 2008-12-31 | 26.99% |
| 2008-09-30 | 38.06% |
| 2008-06-30 | 37.85% |
| 2008-03-31 | 40.34% |
| 2007-12-31 | 38.71% |
| 2007-09-30 | 37.82% |
| 2007-06-30 | 43.67% |
| 2007-03-31 | 35.86% |
| 2006-12-31 | 24.88% |
| 2006-09-30 | 42.05% |
| 2006-06-30 | 43.64% |
| 2006-03-31 | 43.19% |
