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 24.85% is in line with its 5-year average of 25.02%, around the middle of its 5-year range (20.13%–26.97%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.52% above its 12-month average of 23.78%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 24.85%.
TAX RATE
24.85%
TAX RATE AVG TTM
23.78%
TAX RATE AVG 3Y
24.27%
TAX RATE AVG 5Y
25.02%
TAX RATE AVG 10Y
24.93%
TAX RATE AVG 15Y
29.40%
TAX RATE AVG 20Y
31.89%
CURRENT VS TTM AVG
+4.52%
CURRENT VS 3Y AVG
+2.38%
CURRENT VS 5Y AVG
-0.68%
CURRENT VS 10Y AVG
-0.32%
CURRENT VS 15Y AVG
-15.46%
CURRENT VS 20Y AVG
-22.08%
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 | 24.85% |
| 2026-03-31 | 23.93% |
| 2025-12-31 | 24.07% |
| 2025-09-30 | 21.18% |
| 2025-06-30 | 24.86% |
| 2025-03-31 | 24.49% |
| 2024-12-31 | 23.93% |
| 2024-09-30 | 20.13% |
| 2024-06-30 | 26.61% |
| 2024-03-31 | 26.57% |
| 2023-12-31 | 26.76% |
| 2023-09-30 | 24.84% |
| 2023-06-30 | 23.24% |
| 2023-03-31 | 23.61% |
| 2022-12-31 | 23.80% |
| 2022-09-30 | 26.97% |
| 2022-06-30 | 25.57% |
| 2022-03-31 | 25.24% |
| 2021-12-31 | 24.96% |
| 2021-09-30 | 26.00% |
| 2021-06-30 | 25.13% |
| 2021-03-31 | 25.42% |
| 2020-12-31 | 25.68% |
| 2020-09-30 | 25.77% |
| 2020-06-30 | 25.81% |
| 2020-03-31 | 25.74% |
| 2019-12-31 | 24.19% |
| 2019-09-30 | 24.49% |
| 2019-06-30 | 24.59% |
| 2019-03-31 | 24.40% |
| 2018-12-31 | 22.42% |
| 2018-09-30 | 29.60% |
| 2018-06-30 | 23.89% |
| 2018-03-31 | 24.16% |
| 2017-12-31 | 91.50% |
| 2017-09-30 | 36.93% |
| 2017-06-30 | 36.88% |
| 2017-03-31 | 36.69% |
| 2016-12-31 | 36.67% |
| 2016-09-30 | 1.30% |
| 2016-06-30 | 37.15% |
| 2016-03-31 | 34.10% |
| 2015-12-31 | 38.69% |
| 2015-09-30 | 37.14% |
| 2015-06-30 | 32.22% |
| 2015-03-31 | 36.85% |
| 2014-12-31 | 32.81% |
| 2014-09-30 | 31.43% |
| 2014-06-30 | 30.84% |
| 2014-03-31 | 32.06% |
| 2013-12-31 | 38.73% |
| 2013-09-30 | 37.05% |
| 2013-06-30 | 35.73% |
| 2013-03-31 | 37.91% |
| 2012-12-31 | 37.24% |
| 2012-09-30 | 41.62% |
| 2012-06-30 | 11.44% |
| 2012-03-31 | 40.18% |
| 2011-12-31 | 40.52% |
| 2011-09-30 | 40.27% |
| 2011-06-30 | 40.34% |
| 2011-03-31 | 40.01% |
| 2010-12-31 | 39.08% |
| 2010-09-30 | 37.81% |
| 2010-06-30 | 40.91% |
| 2010-03-31 | 40.00% |
| 2009-12-31 | 40.95% |
| 2009-09-30 | 38.63% |
| 2009-06-30 | 38.11% |
| 2009-03-31 | 39.40% |
| 2008-12-31 | 40.25% |
| 2008-09-30 | 44.97% |
| 2008-06-30 | 35.50% |
| 2008-03-31 | 39.04% |
| 2007-12-31 | 38.25% |
| 2007-09-30 | 39.32% |
| 2007-06-30 | 39.62% |
| 2007-03-31 | 38.78% |
| 2006-12-31 | 34.91% |
| 2006-09-30 | 39.84% |
| 2006-06-30 | 39.76% |
| 2006-03-31 | 40.24% |
| 2005-12-31 | 40.37% |
| 2005-09-30 | 39.97% |
| 2005-06-30 | 39.71% |
| 2005-03-31 | 39.90% |
| 2004-12-31 | 39.18% |
| 2004-09-30 | 38.93% |
| 2004-06-30 | 39.01% |
| 2004-03-31 | 39.11% |
| 2003-12-31 | 38.94% |
| 2003-09-30 | 40.28% |
| 2003-06-30 | 37.46% |
| 2003-03-31 | 38.39% |
