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 25.11% is in line with its 5-year average of 24.36%, around the middle of its 5-year range (22.25%–27.17%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.15% above its 12-month average of 24.59%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 25.11%.
TAX RATE
25.11%
TAX RATE AVG TTM
24.59%
TAX RATE AVG 3Y
24.26%
TAX RATE AVG 5Y
24.36%
TAX RATE AVG 10Y
24.52%
TAX RATE AVG 15Y
28.11%
TAX RATE AVG 20Y
29.76%
CURRENT VS TTM AVG
+2.15%
CURRENT VS 3Y AVG
+3.54%
CURRENT VS 5Y AVG
+3.10%
CURRENT VS 10Y AVG
+2.43%
CURRENT VS 15Y AVG
-10.66%
CURRENT VS 20Y AVG
-15.62%
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 | 25.11% |
| 2026-03-31 | 25.06% |
| 2025-12-31 | 25.50% |
| 2025-09-30 | 22.63% |
| 2025-06-30 | 24.63% |
| 2025-03-31 | 24.20% |
| 2024-12-31 | 23.99% |
| 2024-09-30 | 24.35% |
| 2024-06-30 | 23.66% |
| 2024-03-31 | 24.66% |
| 2023-12-31 | 27.17% |
| 2023-09-30 | 23.85% |
| 2023-06-30 | 23.41% |
| 2023-03-31 | 24.64% |
| 2022-12-31 | 22.25% |
| 2022-09-30 | 22.73% |
| 2022-06-30 | 24.32% |
| 2022-03-31 | 25.57% |
| 2021-12-31 | 24.16% |
| 2021-09-30 | 25.97% |
| 2021-06-30 | 26.46% |
| 2021-03-31 | 24.55% |
| 2020-12-31 | 25.04% |
| 2020-09-30 | 24.61% |
| 2020-06-30 | 25.09% |
| 2020-03-31 | 24.49% |
| 2019-12-31 | 21.56% |
| 2019-09-30 | 25.36% |
| 2019-06-30 | 24.78% |
| 2019-03-31 | 24.24% |
| 2018-12-31 | 24.34% |
| 2018-09-30 | 23.00% |
| 2018-06-30 | 24.53% |
| 2018-03-31 | 24.77% |
| 2017-12-31 | 41.05% |
| 2017-09-30 | 31.90% |
| 2017-06-30 | 31.13% |
| 2017-03-31 | 32.40% |
| 2016-12-31 | 32.28% |
| 2016-09-30 | 32.06% |
| 2016-06-30 | 32.68% |
| 2016-03-31 | 32.74% |
| 2015-12-31 | 32.11% |
| 2015-09-30 | 33.10% |
| 2015-06-30 | 31.82% |
| 2015-03-31 | 31.88% |
| 2014-12-31 | 36.90% |
| 2014-09-30 | 32.97% |
| 2014-06-30 | 32.14% |
| 2014-03-31 | 31.90% |
| 2013-12-31 | 29.87% |
| 2013-09-30 | 34.17% |
| 2013-06-30 | 33.84% |
| 2013-03-31 | 33.39% |
| 2012-12-31 | 51.26% |
| 2012-09-30 | 34.51% |
| 2012-06-30 | 35.12% |
| 2012-03-31 | 35.26% |
| 2011-12-31 | 24.51% |
| 2011-09-30 | 29.49% |
| 2011-06-30 | 36.67% |
| 2011-03-31 | 37.25% |
| 2010-12-31 | 26.94% |
| 2010-09-30 | 30.75% |
| 2010-06-30 | 39.35% |
| 2010-03-31 | 37.44% |
| 2009-12-31 | 34.37% |
| 2009-09-30 | 26.86% |
| 2009-06-30 | 40.00% |
| 2009-03-31 | 38.99% |
| 2008-12-31 | 23.43% |
| 2008-09-30 | 35.11% |
| 2008-06-30 | 35.95% |
| 2008-03-31 | 37.42% |
| 2007-12-31 | 37.62% |
| 2007-09-30 | 36.03% |
| 2007-06-30 | 36.69% |
| 2007-03-31 | 37.72% |
| 2006-12-31 | 34.04% |
| 2006-06-30 | 38.86% |
| 2006-03-31 | 37.51% |
| 2005-12-31 | 43.46% |
| 2005-06-30 | 42.27% |
| 2005-03-31 | 42.72% |
| 2004-12-31 | 30.64% |
| 2004-09-30 | 43.10% |
| 2004-06-30 | 42.39% |
