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 32.87% is in line with its 5-year average of 32.03%, around the middle of its 5-year range (-6.18%–88.26%).
As of the fiscal period ended Tuesday, June 30, 2026. 19.30% above its 12-month average of 27.55%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2026 (2026-06-30): 32.87%.
TAX RATE
32.87%
TAX RATE AVG TTM
27.55%
TAX RATE AVG 3Y
31.04%
TAX RATE AVG 5Y
32.03%
TAX RATE AVG 10Y
28.99%
TAX RATE AVG 15Y
23.30%
TAX RATE AVG 20Y
22.63%
CURRENT VS TTM AVG
+19.30%
CURRENT VS 3Y AVG
+5.89%
CURRENT VS 5Y AVG
+2.64%
CURRENT VS 10Y AVG
+13.38%
CURRENT VS 15Y AVG
+41.08%
CURRENT VS 20Y AVG
+45.25%
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 | 32.87% |
| 2026-03-31 | 25.65% |
| 2025-12-31 | 24.61% |
| 2025-09-30 | 26.86% |
| 2025-06-30 | 27.77% |
| 2025-03-31 | 29.67% |
| 2024-12-31 | 34.17% |
| 2024-09-30 | 27.49% |
| 2024-06-30 | 88.26% |
| 2024-03-31 | 34.96% |
| 2023-12-31 | 64.26% |
| 2023-06-30 | 46.37% |
| 2023-03-31 | 33.51% |
| 2022-12-31 | 40.46% |
| 2022-09-30 | 28.82% |
| 2022-06-30 | 39.47% |
| 2022-03-31 | 34.08% |
| 2021-12-31 | 25.78% |
| 2021-09-30 | 31.90% |
| 2021-06-30 | -6.18% |
| 2021-03-31 | 31.61% |
| 2020-12-31 | 20.25% |
| 2020-09-30 | 25.48% |
| 2020-06-30 | 65.56% |
| 2020-03-31 | 27.66% |
| 2019-12-31 | 29.60% |
| 2019-09-30 | 29.59% |
| 2019-06-30 | 4.35% |
| 2019-03-31 | 23.91% |
| 2018-12-31 | 26.53% |
| 2018-09-30 | 28.15% |
| 2018-06-30 | 5.96% |
| 2018-03-31 | 18.65% |
| 2017-12-31 | 66.85% |
| 2017-09-30 | 16.11% |
| 2017-06-30 | 10.47% |
| 2017-03-31 | 10.61% |
| 2016-12-31 | 30.50% |
| 2016-09-30 | 30.70% |
| 2016-06-30 | 15.56% |
| 2016-03-31 | 2.99% |
| 2015-12-31 | -87.48% |
| 2015-09-30 | 20.17% |
| 2015-06-30 | 68.57% |
| 2015-03-31 | 14.97% |
| 2014-12-31 | 10.90% |
| 2014-09-30 | 10.25% |
| 2014-03-31 | 23.28% |
| 2013-12-31 | 67.73% |
| 2013-09-30 | 16.70% |
| 2013-06-30 | -37.86% |
| 2013-03-31 | 2.02% |
| 2012-12-31 | -140.64% |
| 2012-09-30 | -59.35% |
| 2009-12-31 | 26.76% |
| 2009-09-30 | 9.41% |
| 2009-06-30 | 3.51% |
| 2008-06-30 | 21.79% |
| 2007-12-31 | 11.76% |
| 2007-09-30 | 19.35% |
| 2007-06-30 | -21.05% |
| 2007-03-31 | -150.00% |
| 2006-12-31 | 36.36% |
| 2006-03-31 | 800.00% |
| 2004-09-30 | 160.00% |
| 2004-03-31 | 105.00% |
| 2003-12-31 | 11.72% |
| 2003-09-30 | 34.78% |
| 2003-03-31 | 42.86% |
| 2002-12-31 | 34.15% |
| 2002-09-30 | 57.14% |