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 25.71% is 12% below its 5-year average of 29.28%, near the low end of its 5-year range (25.18%–38.54%).
As of the fiscal period ended Tuesday, June 30, 2026. 15.88% below its 12-month average of 30.57%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2026 (2026-06-30): 25.71%.
TAX RATE
25.71%
TAX RATE AVG TTM
30.57%
TAX RATE AVG 3Y
29.37%
TAX RATE AVG 5Y
29.28%
TAX RATE AVG 10Y
29.16%
TAX RATE AVG 15Y
34.64%
TAX RATE AVG 20Y
36.82%
CURRENT VS TTM AVG
-15.88%
CURRENT VS 3Y AVG
-12.43%
CURRENT VS 5Y AVG
-12.19%
CURRENT VS 10Y AVG
-11.80%
CURRENT VS 15Y AVG
-25.77%
CURRENT VS 20Y AVG
-30.17%
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 | 25.71% |
| 2026-03-31 | 29.15% |
| 2025-12-31 | 29.95% |
| 2025-09-30 | 38.54% |
| 2025-06-30 | 29.49% |
| 2025-03-31 | 30.03% |
| 2024-12-31 | 28.76% |
| 2024-09-30 | 29.34% |
| 2024-06-30 | 29.19% |
| 2024-03-31 | 29.31% |
| 2023-12-31 | 29.22% |
| 2023-09-30 | 29.21% |
| 2023-06-30 | 35.84% |
| 2023-03-31 | 29.37% |
| 2022-12-31 | 29.27% |
| 2022-09-30 | 29.32% |
| 2022-06-30 | 32.20% |
| 2022-03-31 | 29.15% |
| 2021-12-31 | 29.23% |
| 2021-09-30 | 26.49% |
| 2021-06-30 | 25.18% |
| 2021-03-31 | 19.83% |
| 2020-12-31 | 29.03% |
| 2020-09-30 | 29.95% |
| 2020-06-30 | 29.41% |
| 2020-03-31 | 28.97% |
| 2019-12-31 | 30.51% |
| 2019-09-30 | 28.73% |
| 2019-06-30 | 25.26% |
| 2018-12-31 | 29.26% |
| 2018-09-30 | 25.26% |
| 2018-06-30 | 38.33% |
| 2018-03-31 | 27.79% |
| 2017-12-31 | 160.23% |
| 2017-06-30 | 36.75% |
| 2017-03-31 | 37.60% |
| 2016-12-31 | 42.13% |
| 2016-09-30 | 44.23% |
| 2016-06-30 | 42.17% |
| 2016-03-31 | 41.30% |
| 2015-12-31 | 41.89% |
| 2015-09-30 | 41.74% |
| 2015-06-30 | 42.41% |
| 2015-03-31 | 43.36% |
| 2014-12-31 | 42.50% |
| 2014-09-30 | 42.07% |
| 2014-06-30 | 43.35% |
| 2014-03-31 | 44.86% |
| 2013-12-31 | 43.28% |
| 2013-09-30 | 40.81% |
| 2013-06-30 | 42.98% |
| 2013-03-31 | 40.91% |
| 2012-12-31 | 42.24% |
| 2012-09-30 | 34.04% |
| 2012-06-30 | 41.72% |
| 2012-03-31 | 42.65% |
| 2011-12-31 | 42.30% |
| 2011-09-30 | 43.06% |
| 2011-06-30 | 42.64% |
| 2011-03-31 | 43.48% |
| 2010-12-31 | 42.62% |
| 2010-09-30 | 43.81% |
| 2010-06-30 | 42.00% |
| 2010-03-31 | 38.17% |
| 2009-12-31 | 41.58% |
| 2009-06-30 | -348.12% |
| 2008-09-30 | 51.11% |
| 2008-03-31 | 48.93% |
| 2007-12-31 | 49.20% |
| 2007-09-30 | 52.71% |
| 2007-06-30 | 47.11% |
| 2007-03-31 | 44.45% |
| 2006-12-31 | 46.42% |
| 2006-09-30 | 43.33% |
| 2006-06-30 | 43.83% |
| 2006-03-31 | 43.95% |
| 2005-12-31 | 42.72% |
| 2005-09-30 | 43.34% |
| 2005-06-30 | 42.22% |
| 2005-03-31 | 43.11% |
| 2004-12-31 | 41.28% |
| 2004-09-30 | 45.40% |
| 2004-06-30 | 47.10% |
| 2004-03-31 | 42.28% |
| 2003-12-31 | 42.95% |
| 2003-09-30 | 41.72% |
| 2003-06-30 | 40.28% |
| 2003-03-31 | 40.29% |
| 2002-12-31 | 39.47% |
| 2002-09-30 | 40.77% |
