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 25.63% is in line with its 5-year average of 27.43%, around the middle of its 5-year range (13.97%–48.48%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.32% above its 12-month average of 24.33%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 25.63%.
TAX RATE
25.63%
TAX RATE AVG TTM
24.33%
TAX RATE AVG 3Y
30.69%
TAX RATE AVG 5Y
27.43%
TAX RATE AVG 10Y
9.69%
TAX RATE AVG 15Y
18.09%
TAX RATE AVG 20Y
19.42%
CURRENT VS TTM AVG
+5.32%
CURRENT VS 3Y AVG
-16.50%
CURRENT VS 5Y AVG
-6.59%
CURRENT VS 10Y AVG
+164.35%
CURRENT VS 15Y AVG
+41.69%
CURRENT VS 20Y AVG
+31.92%
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 | 25.63% |
| 2025-06-30 | 23.03% |
| 2024-03-31 | 48.48% |
| 2023-12-31 | 25.61% |
| 2023-03-31 | 25.14% |
| 2021-09-30 | 13.97% |
| 2021-06-30 | 30.16% |
| 2021-03-31 | 14.32% |
| 2020-12-31 | 8.64% |
| 2020-09-30 | -15.41% |
| 2019-12-31 | 0.77% |
| 2019-06-30 | -29.73% |
| 2018-09-30 | -2.15% |
| 2018-06-30 | 10.06% |
| 2018-03-31 | -39.61% |
| 2017-12-31 | 57.62% |
| 2017-06-30 | -31.75% |
| 2017-03-31 | 842.39% |
| 2016-03-31 | 0.37% |
| 2015-09-30 | 38.39% |
| 2015-06-30 | -26.14% |
| 2015-03-31 | 22.14% |
| 2014-12-31 | 39.23% |
| 2014-09-30 | -66.15% |
| 2014-06-30 | 251.26% |
| 2014-03-31 | 38.42% |
| 2013-12-31 | 29.64% |
| 2013-09-30 | 28.25% |
| 2013-06-30 | 40.20% |
| 2013-03-31 | 32.74% |
| 2012-12-31 | 44.71% |
| 2012-09-30 | 37.40% |
| 2012-06-30 | 37.29% |
| 2012-03-31 | 46.48% |
| 2011-12-31 | 5.55% |
| 2011-09-30 | -88.89% |
| 2011-06-30 | 17.34% |
| 2011-03-31 | 44.20% |
| 2010-09-30 | 41.00% |
| 2010-06-30 | 25.99% |
| 2009-09-30 | 59.04% |
| 2009-06-30 | 34.16% |
| 2008-12-31 | 23.01% |
| 2008-03-31 | 666.67% |
| 2007-12-31 | -83.33% |
| 2007-09-30 | 76.03% |
| 2007-03-31 | 37.70% |
| 2006-12-31 | -35.31% |
| 2006-09-30 | -23.25% |
| 2006-06-30 | -24.70% |
| 2006-03-31 | -26.67% |
| 2005-12-31 | 27.04% |
| 2005-09-30 | 8.09% |
| 2005-06-30 | -68.55% |
| 2005-03-31 | 26.69% |
| 2004-09-30 | -111.29% |
| 2004-06-30 | -101.99% |
| 2004-03-31 | -88.42% |
| 2003-09-30 | 29.98% |
| 2003-06-30 | 37.46% |
| 2002-12-31 | -15.47% |
| 2002-09-30 | 8.51% |