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 23.46% is in line with its 5-year average of 22.62%, near the high end of its 5-year range (-76.67%–24.66%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.75% above its 12-month average of 21.77%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 23.46%.
TAX RATE
23.46%
TAX RATE AVG TTM
21.77%
TAX RATE AVG 3Y
22.42%
TAX RATE AVG 5Y
22.62%
TAX RATE AVG 10Y
22.52%
TAX RATE AVG 15Y
27.83%
TAX RATE AVG 20Y
29.88%
CURRENT VS TTM AVG
+7.75%
CURRENT VS 3Y AVG
+4.65%
CURRENT VS 5Y AVG
+3.72%
CURRENT VS 10Y AVG
+4.16%
CURRENT VS 15Y AVG
-15.70%
CURRENT VS 20Y AVG
-21.48%
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 | 23.46% |
| 2026-03-31 | 23.50% |
| 2025-12-31 | 15.82% |
| 2025-09-30 | 23.05% |
| 2025-06-30 | 23.05% |
| 2025-03-31 | 23.31% |
| 2024-12-31 | 21.01% |
| 2024-09-30 | 22.99% |
| 2024-06-30 | 21.93% |
| 2024-03-31 | -76.67% |
| 2023-12-31 | 19.05% |
| 2023-09-30 | 22.15% |
| 2023-06-30 | 23.11% |
| 2023-03-31 | 21.28% |
| 2022-12-31 | 23.89% |
| 2022-09-30 | 12.35% |
| 2022-06-30 | 24.66% |
| 2022-03-31 | 22.92% |
| 2021-12-31 | 22.84% |
| 2021-09-30 | 23.63% |
| 2021-06-30 | 21.33% |
| 2021-03-31 | 22.29% |
| 2020-12-31 | 22.61% |
| 2020-09-30 | 21.41% |
| 2020-06-30 | 22.07% |
| 2020-03-31 | 12.61% |
| 2019-12-31 | 19.57% |
| 2019-09-30 | 24.31% |
| 2019-06-30 | 22.70% |
| 2019-03-31 | 21.37% |
| 2018-12-31 | 24.52% |
| 2018-09-30 | 22.69% |
| 2018-06-30 | 23.16% |
| 2018-03-31 | 21.92% |
| 2017-12-31 | -344.34% |
| 2017-09-30 | 36.75% |
| 2017-06-30 | 36.28% |
| 2017-03-31 | 33.89% |
| 2016-12-31 | 35.10% |
| 2016-09-30 | 34.75% |
| 2016-06-30 | 36.32% |
| 2016-03-31 | 35.50% |
| 2015-12-31 | 31.11% |
| 2015-09-30 | 37.57% |
| 2015-06-30 | 38.05% |
| 2015-03-31 | 37.37% |
| 2014-12-31 | 35.32% |
| 2014-09-30 | 37.33% |
| 2014-06-30 | 37.42% |
| 2014-03-31 | 33.57% |
| 2013-12-31 | 34.48% |
| 2013-09-30 | 35.56% |
| 2013-06-30 | 36.91% |
| 2013-03-31 | 35.44% |
| 2012-12-31 | 33.49% |
| 2012-09-30 | 37.19% |
| 2012-06-30 | 37.84% |
| 2012-03-31 | 37.31% |
| 2011-12-31 | 33.61% |
| 2011-09-30 | 37.33% |
| 2011-06-30 | 30.03% |
| 2011-03-31 | 36.89% |
| 2010-12-31 | 28.47% |
| 2010-09-30 | 37.68% |
| 2010-06-30 | 38.27% |
| 2010-03-31 | 43.64% |
| 2009-12-31 | 34.26% |
| 2009-09-30 | 37.01% |
| 2009-06-30 | 36.83% |
| 2009-03-31 | 37.46% |
| 2008-12-31 | 37.13% |
| 2008-09-30 | 36.74% |
| 2008-06-30 | 38.20% |
| 2008-03-31 | 38.87% |
| 2007-12-31 | 34.80% |
| 2007-09-30 | 36.20% |
| 2007-06-30 | 34.33% |
| 2007-03-31 | 32.14% |
| 2006-12-31 | 28.57% |
| 2006-09-30 | 34.59% |
| 2006-06-30 | 36.33% |
| 2006-03-31 | 34.55% |
| 2005-12-31 | 28.17% |
| 2005-09-30 | 31.75% |
| 2005-06-30 | 10.74% |
| 2005-03-31 | 29.96% |
| 2004-12-31 | 29.60% |
| 2004-09-30 | 25.77% |
| 2004-06-30 | 29.93% |
| 2004-03-31 | 32.77% |
| 2003-12-31 | 16.13% |
| 2003-09-30 | 31.50% |
| 2003-06-30 | 31.16% |
| 2003-03-31 | 32.00% |
| 2002-12-31 | 30.65% |
| 2002-09-30 | 33.33% |
