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 24.74% is in line with its 5-year average of 24.36%, near the low end of its 5-year range (21.23%–33.00%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.67% above its 12-month average of 24.34%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2026 (2026-06-30): 24.74%.
TAX RATE
24.74%
TAX RATE AVG TTM
24.34%
TAX RATE AVG 3Y
24.51%
TAX RATE AVG 5Y
24.36%
TAX RATE AVG 10Y
24.50%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+1.67%
CURRENT VS 3Y AVG
+0.94%
CURRENT VS 5Y AVG
+1.56%
CURRENT VS 10Y AVG
+0.99%
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 | 24.74% |
| 2026-03-31 | 23.94% |
| 2025-12-31 | 24.49% |
| 2025-09-30 | 24.53% |
| 2025-06-30 | 23.99% |
| 2025-03-31 | 23.71% |
| 2024-09-30 | 25.92% |
| 2024-06-30 | 24.64% |
| 2023-12-31 | 24.06% |
| 2023-09-30 | 24.90% |
| 2023-06-30 | 24.72% |
| 2022-12-31 | 21.23% |
| 2022-09-30 | 23.58% |
| 2022-06-30 | 24.53% |
| 2021-12-31 | 24.62% |
| 2021-09-30 | 24.63% |
| 2021-06-30 | 33.00% |
| 2020-12-31 | 25.40% |
| 2020-09-30 | 25.91% |
| 2020-06-30 | 23.26% |
| 2020-03-31 | 25.68% |
| 2019-12-31 | 19.45% |
| 2019-09-30 | 26.04% |
| 2019-06-30 | 22.31% |
| 2019-03-31 | 26.11% |
| 2018-12-31 | 24.26% |
| 2018-09-30 | 25.35% |
| 2018-06-30 | 9.51% |
| 2018-03-31 | 29.78% |
| 2017-12-31 | -7.81% |
| 2017-09-30 | 37.46% |
| 2017-06-30 | 32.10% |
| 2017-03-31 | 36.04% |
| 2016-12-31 | 37.92% |
