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 27.99% is in line with its 5-year average of 28.76%, near the high end of its 5-year range (13.29%–30.52%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.78% above its 12-month average of 25.50%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 27.99%.
TAX RATE
27.99%
TAX RATE AVG TTM
25.50%
TAX RATE AVG 3Y
27.80%
TAX RATE AVG 5Y
28.76%
TAX RATE AVG 10Y
29.07%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+9.78%
CURRENT VS 3Y AVG
+0.71%
CURRENT VS 5Y AVG
-2.68%
CURRENT VS 10Y AVG
-3.70%
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 | 27.99% |
| 2026-03-31 | 28.01% |
| 2025-12-31 | 20.18% |
| 2025-09-30 | 23.48% |
| 2025-06-30 | 27.83% |
| 2025-03-31 | 28.21% |
| 2024-12-31 | 13.29% |
| 2024-09-30 | 26.87% |
| 2024-06-30 | 25.86% |
| 2024-03-31 | 28.76% |
| 2023-12-31 | 29.41% |
| 2023-09-30 | 29.88% |
| 2023-06-30 | 29.46% |
| 2023-03-31 | 29.40% |
| 2022-12-31 | 30.52% |
| 2022-09-30 | 27.76% |
| 2022-06-30 | 29.60% |
| 2022-03-31 | 30.42% |
| 2021-12-31 | 30.03% |
| 2021-09-30 | 28.49% |
| 2021-06-30 | 29.28% |
| 2021-03-31 | 31.13% |
| 2020-12-31 | 29.92% |
| 2020-09-30 | 29.81% |
| 2020-06-30 | 30.82% |
| 2020-03-31 | 32.52% |
| 2019-12-31 | 27.99% |
| 2019-09-30 | 31.53% |
| 2019-06-30 | 30.33% |
| 2019-03-31 | 27.10% |
| 2018-12-31 | 30.62% |
| 2018-09-30 | 19.68% |
| 2018-06-30 | 19.54% |
| 2018-03-31 | 15.15% |
| 2017-12-31 | 60.48% |
| 2017-09-30 | 37.77% |
| 2017-06-30 | 40.87% |
| 2017-03-31 | 41.36% |
| 2016-12-31 | 41.87% |
| 2016-09-30 | 41.67% |
| 2016-06-30 | 41.60% |
| 2016-03-31 | 39.65% |
| 2015-12-31 | 41.69% |
| 2015-09-30 | 41.08% |
| 2015-06-30 | 40.62% |
| 2015-03-31 | 40.30% |
| 2014-12-31 | 40.14% |
| 2014-09-30 | 37.27% |
| 2014-06-30 | 42.66% |
| 2014-03-31 | 42.18% |
| 2013-12-31 | 41.70% |
| 2013-09-30 | 42.99% |
| 2013-06-30 | 44.28% |
| 2013-03-31 | 46.05% |
