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 45.51% is 125% above its 5-year average of 20.20%, near the high end of its 5-year range (-123.42%–63.51%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.29% above its 12-month average of 44.49%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 45.51%.
TAX RATE
45.51%
TAX RATE AVG TTM
44.49%
TAX RATE AVG 3Y
17.83%
TAX RATE AVG 5Y
20.20%
TAX RATE AVG 10Y
31.13%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+2.29%
CURRENT VS 3Y AVG
+155.23%
CURRENT VS 5Y AVG
+125.35%
CURRENT VS 10Y AVG
+46.22%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 45.51% |
| 2026-03-31 | 33.33% |
| 2025-12-31 | 48.15% |
| 2025-09-30 | 63.51% |
| 2025-06-30 | 31.96% |
| 2025-03-31 | 25.78% |
| 2024-12-31 | -123.42% |
| 2022-03-31 | 20.82% |
| 2021-12-31 | 32.19% |
| 2021-09-30 | 18.29% |
| 2021-06-30 | 26.04% |
| 2021-03-31 | 24.05% |
| 2020-12-31 | 41.94% |
| 2019-12-31 | 25.64% |
| 2019-09-30 | 30.43% |
| 2019-06-30 | 27.02% |
| 2019-03-31 | 26.81% |
| 2018-12-31 | 27.41% |
| 2018-09-30 | 28.34% |
| 2018-06-30 | 27.66% |
| 2018-03-31 | 26.79% |
| 2017-06-30 | 42.66% |
| 2017-03-31 | 42.82% |