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 23.71% is 66% above its 5-year average of 14.30%, near the high end of its 5-year range (-10.98%–25.30%).
As of the fiscal period ended Tuesday, June 30, 2026. 40.57% above its 12-month average of 16.86%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 23.71%.
TAX RATE
23.71%
TAX RATE AVG TTM
16.86%
TAX RATE AVG 3Y
14.14%
TAX RATE AVG 5Y
14.30%
TAX RATE AVG 10Y
15.73%
TAX RATE AVG 15Y
15.06%
TAX RATE AVG 20Y
15.01%
CURRENT VS TTM AVG
+40.57%
CURRENT VS 3Y AVG
+67.67%
CURRENT VS 5Y AVG
+65.76%
CURRENT VS 10Y AVG
+50.73%
CURRENT VS 15Y AVG
+57.42%
CURRENT VS 20Y AVG
+57.89%
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 | 23.71% |
| 2026-03-31 | 17.79% |
| 2025-12-31 | 25.30% |
| 2025-09-29 | 6.34% |
| 2025-06-30 | 11.19% |
| 2025-03-31 | 18.11% |
| 2024-12-31 | 14.16% |
| 2024-09-30 | 5.91% |
| 2024-06-30 | 15.49% |
| 2024-03-31 | 14.09% |
| 2023-12-31 | -10.98% |
| 2023-09-30 | 2.51% |
| 2023-06-30 | 15.07% |
| 2023-03-31 | 14.68% |
| 2022-12-31 | 15.80% |
| 2022-09-30 | 16.19% |
| 2022-06-30 | 16.99% |
| 2022-03-31 | 16.86% |
| 2021-12-31 | 3.81% |
| 2021-09-30 | 14.61% |
| 2021-06-30 | 17.43% |
| 2021-03-31 | 15.96% |
| 2020-12-31 | 17.98% |
| 2020-09-30 | 19.83% |
| 2020-06-30 | 18.40% |
| 2020-03-31 | 17.09% |
| 2019-12-31 | 35.82% |
| 2019-09-30 | 15.21% |
| 2019-06-30 | 19.93% |
| 2019-03-31 | 12.71% |
| 2018-12-31 | 5.54% |
| 2018-09-30 | 16.39% |
| 2018-06-30 | 5.42% |
| 2018-03-31 | 15.81% |
| 2017-12-31 | 14.12% |
| 2017-09-30 | 14.49% |
| 2017-06-30 | 14.51% |
| 2017-03-31 | 14.48% |
| 2016-12-31 | 13.17% |
| 2016-09-30 | 14.47% |
| 2016-06-30 | 14.53% |
| 2016-03-31 | 14.50% |
| 2015-12-31 | 6.81% |
| 2015-09-30 | 16.46% |
| 2015-06-30 | 13.91% |
| 2015-03-31 | 13.89% |
| 2014-12-31 | 11.18% |
| 2014-09-30 | 12.17% |
| 2014-06-30 | 13.47% |
| 2014-03-31 | 13.50% |
| 2013-12-31 | 11.37% |
| 2013-09-30 | 13.22% |
| 2013-06-30 | 14.73% |
| 2013-03-31 | 14.69% |
| 2012-12-31 | 14.32% |
| 2012-09-30 | 13.09% |
| 2012-06-30 | 14.67% |
| 2012-03-31 | 14.67% |
| 2011-12-31 | 4.04% |
| 2011-09-30 | 14.44% |
| 2011-06-30 | 16.02% |
| 2011-03-31 | 15.99% |
| 2010-12-31 | 6.40% |
| 2010-09-30 | 17.00% |
| 2010-06-30 | 17.61% |
| 2010-03-31 | 16.49% |
| 2009-12-31 | 13.71% |
| 2009-09-30 | 15.21% |
| 2009-06-30 | 16.33% |
| 2009-03-31 | 13.98% |
| 2008-12-31 | 14.33% |
| 2008-09-30 | 13.97% |
| 2008-06-30 | 12.98% |
| 2008-03-31 | 15.02% |
| 2007-12-31 | 21.43% |
| 2007-09-30 | 2.35% |
| 2007-06-30 | 12.67% |
| 2007-03-31 | 15.17% |
| 2006-12-31 | 13.35% |
| 2006-09-30 | 13.14% |
| 2006-06-30 | 16.10% |
| 2006-03-31 | 16.86% |
| 2005-12-31 | 15.39% |
| 2005-09-30 | 15.47% |
| 2005-06-30 | 15.07% |
| 2005-03-31 | 15.98% |
| 2004-12-31 | 13.85% |
| 2004-09-30 | 17.01% |
| 2004-06-30 | 17.17% |
| 2004-03-31 | 16.96% |
| 2003-12-31 | 15.01% |
| 2003-09-30 | 17.51% |
| 2003-06-30 | 17.02% |
| 2003-03-31 | 17.08% |
| 2002-12-31 | 16.64% |
| 2002-09-30 | 17.09% |
