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 24.86% is 15% below its 5-year average of 29.30%, near the high end of its 5-year range (-172.44%–62.26%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.10% below its 12-month average of 24.88%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 24.86%.
TAX RATE
24.86%
TAX RATE AVG TTM
24.88%
TAX RATE AVG 3Y
29.50%
TAX RATE AVG 5Y
29.30%
TAX RATE AVG 10Y
30.95%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-0.10%
CURRENT VS 3Y AVG
-15.73%
CURRENT VS 5Y AVG
-15.17%
CURRENT VS 10Y AVG
-19.68%
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 | 24.86% |
| 2026-03-31 | 24.17% |
| 2025-12-31 | 26.02% |
| 2025-09-30 | 25.69% |
| 2025-06-30 | 23.66% |
| 2025-03-31 | 25.34% |
| 2024-12-31 | 34.31% |
| 2024-09-30 | 20.77% |
| 2024-06-30 | 27.27% |
| 2024-03-31 | 35.80% |
| 2023-12-31 | 46.04% |
| 2023-09-30 | 40.02% |
| 2023-03-31 | 62.26% |
| 2022-06-30 | -172.44% |
| 2021-12-31 | 22.08% |
| 2021-09-30 | 39.11% |
| 2021-06-30 | 24.39% |
| 2021-03-31 | 22.99% |
| 2020-12-31 | 22.92% |
| 2020-09-30 | 22.25% |
| 2019-09-30 | 28.82% |
| 2019-06-30 | 28.19% |
| 2019-03-31 | 31.49% |
| 2018-12-31 | 43.92% |
| 2018-09-30 | 31.86% |
| 2018-06-30 | 19.19% |
| 2018-03-31 | 22.17% |
| 2017-06-30 | 36.32% |
| 2017-03-31 | 38.00% |
| 2016-12-31 | 39.95% |
| 2016-09-30 | 45.87% |
| 2016-06-30 | 54.93% |
| 2016-03-31 | 37.75% |
