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 25.53% is in line with its 5-year average of 25.62%, around the middle of its 5-year range (23.11%–26.92%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.60% above its 12-month average of 25.38%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 25.53%.
TAX RATE
25.53%
TAX RATE AVG TTM
25.38%
TAX RATE AVG 3Y
25.13%
TAX RATE AVG 5Y
25.62%
TAX RATE AVG 10Y
25.46%
TAX RATE AVG 15Y
28.03%
TAX RATE AVG 20Y
27.83%
CURRENT VS TTM AVG
+0.60%
CURRENT VS 3Y AVG
+1.58%
CURRENT VS 5Y AVG
-0.37%
CURRENT VS 10Y AVG
+0.26%
CURRENT VS 15Y AVG
-8.94%
CURRENT VS 20Y AVG
-8.27%
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 | 25.53% |
| 2026-03-31 | 24.89% |
| 2025-12-31 | 26.69% |
| 2025-09-30 | 24.46% |
| 2025-06-30 | 25.30% |
| 2025-03-31 | 24.31% |
| 2024-12-31 | 24.68% |
| 2024-09-30 | 23.11% |
| 2024-06-30 | 25.01% |
| 2024-03-31 | 25.33% |
| 2023-12-31 | 26.92% |
| 2023-09-30 | 25.09% |
| 2023-06-30 | 26.91% |
| 2023-03-31 | 26.26% |
| 2022-12-31 | 25.86% |
| 2022-09-30 | 26.54% |
| 2022-06-30 | 26.56% |
| 2022-03-31 | 26.90% |
| 2021-09-30 | 25.75% |
| 2021-06-30 | 26.33% |
| 2021-03-31 | 26.24% |
| 2020-12-31 | 29.47% |
| 2020-09-30 | 24.68% |
| 2020-06-30 | 25.36% |
| 2019-12-31 | 23.42% |
| 2019-09-30 | 24.90% |
| 2019-06-30 | 24.70% |
| 2019-03-31 | 22.13% |
| 2018-12-31 | 25.47% |
| 2018-09-30 | 24.92% |
| 2018-06-30 | 22.11% |
| 2018-03-31 | 17.41% |
| 2017-12-31 | 123.63% |
| 2017-09-30 | 18.48% |
| 2017-06-30 | 28.94% |
| 2017-03-31 | 32.13% |
| 2016-12-31 | 37.06% |
| 2016-09-30 | 34.71% |
| 2016-06-30 | 35.27% |
| 2016-03-31 | 36.51% |
| 2015-12-31 | 36.77% |
| 2015-09-30 | 37.79% |
| 2015-06-30 | 37.18% |
| 2015-03-31 | 35.42% |
| 2014-12-31 | 37.28% |
| 2014-09-30 | 37.12% |
| 2014-06-30 | 34.40% |
| 2014-03-31 | 35.24% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2009-09-30 | -9.36% |
| 2009-03-31 | -47.31% |
| 2008-09-30 | 24.66% |
| 2008-06-30 | 31.18% |
| 2008-03-31 | 28.10% |
| 2007-12-31 | 28.39% |
| 2007-09-30 | 25.81% |
| 2007-06-30 | 26.27% |
| 2007-03-31 | 26.94% |
| 2006-12-31 | 29.95% |
| 2006-09-30 | 24.98% |
| 2006-06-30 | 32.33% |
| 2006-03-31 | 29.16% |
| 2005-12-31 | 33.58% |
| 2005-09-30 | 33.02% |
| 2005-06-30 | 32.77% |
| 2005-03-31 | 32.30% |
| 2004-12-31 | 34.38% |
| 2004-09-30 | 32.99% |
| 2004-06-30 | 31.70% |
| 2004-03-31 | 34.62% |
| 2003-12-31 | 35.22% |
| 2003-09-30 | 34.65% |
| 2003-06-30 | 36.25% |
| 2003-03-31 | 35.10% |
| 2002-12-31 | 35.99% |
| 2002-09-30 | 34.82% |
