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 27.13% is in line with its 5-year average of 26.70%, near the high end of its 5-year range (-60.68%–28.78%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.36% above its 12-month average of 26.51%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 27.13%.
TAX RATE
27.13%
TAX RATE AVG TTM
26.51%
TAX RATE AVG 3Y
26.54%
TAX RATE AVG 5Y
26.70%
TAX RATE AVG 10Y
26.28%
TAX RATE AVG 15Y
25.68%
TAX RATE AVG 20Y
22.49%
CURRENT VS TTM AVG
+2.36%
CURRENT VS 3Y AVG
+2.23%
CURRENT VS 5Y AVG
+1.63%
CURRENT VS 10Y AVG
+3.22%
CURRENT VS 15Y AVG
+5.65%
CURRENT VS 20Y AVG
+20.65%
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 | 27.13% |
| 2026-03-31 | 25.67% |
| 2025-12-31 | 28.23% |
| 2025-09-30 | 24.87% |
| 2025-06-30 | 26.63% |
| 2025-03-31 | 26.46% |
| 2024-12-31 | 25.81% |
| 2024-09-30 | 26.78% |
| 2024-06-30 | 26.37% |
| 2024-03-31 | 21.36% |
| 2023-12-31 | 27.56% |
| 2023-09-30 | 19.67% |
| 2023-06-30 | 26.43% |
| 2023-03-31 | 27.70% |
| 2022-12-31 | 26.63% |
| 2022-09-30 | 25.46% |
| 2022-06-30 | 28.78% |
| 2022-03-31 | 26.64% |
| 2021-12-31 | -60.68% |
| 2021-09-30 | 8.01% |
| 2021-06-30 | 2.25% |
| 2020-12-31 | 3.08% |
| 2020-09-30 | 31.25% |
| 2011-12-31 | 14.22% |
| 2010-09-30 | 51.86% |
| 2010-06-30 | 40.91% |
| 2009-09-30 | 7.52% |
| 2009-06-30 | 7.93% |
| 2009-03-31 | 10.95% |
| 2008-09-30 | 34.11% |
| 2008-06-30 | 39.84% |
| 2007-12-31 | -2.40% |
| 2007-09-30 | 31.33% |
| 2007-06-30 | 70.73% |
| 2005-09-30 | 35.96% |
| 2005-03-31 | 38.98% |
| 2004-12-31 | 31.86% |
| 2004-09-30 | 40.00% |
| 2004-06-30 | 40.01% |
| 2004-03-31 | 39.99% |
| 2003-12-31 | 40.03% |
| 2003-09-30 | 39.99% |
| 2003-06-30 | 40.00% |
| 2003-03-31 | 40.00% |
| 2002-12-31 | 20.01% |
| 2002-09-30 | 20.00% |