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 35.45% is 11% above its 5-year average of 31.84%, near the low end of its 5-year range (25.58%–226.92%).
As of the fiscal period ended Tuesday, June 30, 2026. 15.32% above its 12-month average of 30.74%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 35.45%.
TAX RATE
35.45%
TAX RATE AVG TTM
30.74%
TAX RATE AVG 3Y
35.24%
TAX RATE AVG 5Y
31.84%
TAX RATE AVG 10Y
29.70%
TAX RATE AVG 15Y
22.56%
TAX RATE AVG 20Y
22.38%
CURRENT VS TTM AVG
+15.32%
CURRENT VS 3Y AVG
+0.59%
CURRENT VS 5Y AVG
+11.33%
CURRENT VS 10Y AVG
+19.36%
CURRENT VS 15Y AVG
+57.12%
CURRENT VS 20Y AVG
+58.39%
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 | 35.45% |
| 2026-03-31 | 26.16% |
| 2025-12-31 | 28.97% |
| 2025-09-30 | 28.47% |
| 2025-06-30 | 34.63% |
| 2025-03-31 | 32.59% |
| 2024-12-31 | 46.24% |
| 2024-09-30 | 36.50% |
| 2024-06-30 | 48.13% |
| 2022-06-30 | 30.91% |
| 2022-03-31 | 28.67% |
| 2021-12-31 | 226.92% |
| 2021-09-30 | 27.90% |
| 2021-06-30 | 25.58% |
| 2021-03-31 | 25.63% |
| 2020-12-31 | 34.69% |
| 2020-09-30 | 26.13% |
| 2020-06-30 | 55.64% |
| 2020-03-31 | 22.02% |
| 2019-12-31 | 13.89% |
| 2019-09-30 | -3.74% |
| 2019-06-30 | 22.07% |
| 2019-03-31 | 20.93% |
| 2018-12-31 | 8.92% |
| 2018-09-30 | 27.45% |
| 2018-06-30 | 30.28% |
| 2017-12-31 | 68.47% |
| 2015-12-31 | 26.08% |
| 2015-09-30 | 24.97% |
| 2015-06-30 | 20.79% |
| 2015-03-31 | 20.71% |
| 2014-12-31 | 17.53% |
| 2014-09-30 | 16.87% |
| 2014-06-30 | 25.56% |
| 2014-03-31 | 20.52% |
| 2013-12-31 | 14.79% |
| 2013-09-30 | 34.62% |
| 2013-06-30 | 12.74% |
| 2013-03-31 | 14.42% |
| 2012-12-31 | 10.00% |
| 2012-09-30 | 11.11% |
| 2012-06-30 | 12.14% |
| 2012-03-31 | 11.29% |
| 2011-12-31 | 6.60% |
| 2011-09-30 | 5.15% |
| 2011-06-30 | 5.70% |
| 2011-03-31 | 5.00% |
| 2010-12-31 | 6.12% |
| 2010-09-30 | 4.89% |
| 2010-06-30 | 13.98% |
| 2010-03-31 | 25.73% |
| 2009-12-31 | 11.77% |
| 2009-09-30 | 57.70% |
| 2006-12-31 | 48.11% |
| 2006-03-31 | 10.92% |
| 2005-12-31 | 5.23% |
| 2005-09-30 | 2.40% |
| 2005-06-30 | 1.57% |
| 2005-03-31 | 1.23% |
| 2004-12-31 | 3.01% |
| 2004-09-30 | 3.02% |
| 2004-06-30 | 2.99% |
| 2002-12-31 | -275.12% |
