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 23.01% is 11% below its 5-year average of 25.93%, around the middle of its 5-year range (10.37%–29.80%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.06% below its 12-month average of 24.24%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2026 (2026-06-30): 23.01%.
TAX RATE
23.01%
TAX RATE AVG TTM
24.24%
TAX RATE AVG 3Y
23.95%
TAX RATE AVG 5Y
25.93%
TAX RATE AVG 10Y
27.40%
TAX RATE AVG 15Y
29.86%
TAX RATE AVG 20Y
31.61%
CURRENT VS TTM AVG
-5.06%
CURRENT VS 3Y AVG
-3.92%
CURRENT VS 5Y AVG
-11.27%
CURRENT VS 10Y AVG
-16.00%
CURRENT VS 15Y AVG
-22.94%
CURRENT VS 20Y AVG
-27.21%
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 | 23.01% |
| 2026-03-31 | 29.80% |
| 2025-12-31 | 15.08% |
| 2025-09-30 | 26.37% |
| 2025-06-30 | 26.94% |
| 2025-03-31 | 28.05% |
| 2024-12-31 | 13.48% |
| 2024-09-30 | 26.08% |
| 2024-06-30 | 29.08% |
| 2024-03-31 | 28.67% |
| 2023-12-31 | 18.28% |
| 2023-09-30 | 19.40% |
| 2023-06-30 | 27.14% |
| 2023-03-31 | 29.06% |
| 2022-12-31 | 28.90% |
| 2022-09-30 | 25.53% |
| 2022-06-30 | 23.90% |
| 2022-03-31 | 27.77% |
| 2021-12-31 | 23.86% |
| 2021-09-30 | 25.00% |
| 2021-06-30 | 10.37% |
| 2021-03-31 | 27.09% |
| 2020-12-31 | 29.74% |
| 2020-03-31 | 32.86% |
| 2019-12-31 | 27.49% |
| 2019-09-30 | 26.00% |
| 2019-06-30 | 28.70% |
| 2019-03-31 | 25.83% |
| 2018-12-31 | 25.02% |
| 2018-09-30 | 25.50% |
| 2018-06-30 | 42.43% |
| 2018-03-31 | 32.57% |
| 2017-12-31 | 60.76% |
| 2017-09-30 | 38.83% |
| 2017-06-30 | 19.00% |
| 2017-03-31 | 36.52% |
| 2016-12-31 | 35.62% |
| 2016-09-30 | 34.80% |
| 2016-06-30 | 30.52% |
| 2016-03-31 | 34.24% |
| 2015-12-31 | 34.70% |
| 2015-09-30 | 34.50% |
| 2015-06-30 | 33.98% |
| 2015-03-31 | 34.70% |
| 2014-12-31 | 35.15% |
| 2014-09-30 | 34.30% |
| 2014-06-30 | 33.70% |
| 2014-03-31 | 34.76% |
| 2013-12-31 | 34.20% |
| 2013-09-30 | 31.65% |
| 2013-03-31 | 34.00% |
| 2012-12-31 | 33.98% |
| 2012-09-30 | 34.02% |
| 2012-06-30 | 30.90% |
| 2012-03-31 | 32.33% |
| 2011-12-31 | 34.69% |
| 2011-09-30 | 34.50% |
| 2011-06-30 | 31.68% |
| 2011-03-31 | 34.03% |
| 2010-12-31 | 35.72% |
| 2010-09-30 | 35.65% |
| 2010-06-30 | 33.09% |
| 2010-03-31 | 36.49% |
| 2009-12-31 | 35.65% |
| 2009-09-30 | 37.40% |
| 2009-06-30 | 37.41% |
| 2009-03-31 | 37.63% |
| 2008-12-31 | 34.83% |
| 2008-09-30 | 38.23% |
| 2008-06-30 | 38.97% |
| 2008-03-31 | 38.78% |
| 2007-12-31 | 37.74% |
| 2007-09-30 | 37.99% |
| 2007-06-30 | 39.05% |
| 2007-03-31 | 34.57% |
| 2006-12-31 | 38.96% |
| 2006-09-30 | 38.43% |
| 2006-06-30 | 27.90% |
| 2006-03-31 | 36.34% |
| 2005-12-31 | 39.31% |
| 2005-09-30 | 37.41% |
| 2005-06-30 | 38.55% |
| 2005-03-31 | 36.22% |
| 2004-12-31 | 38.37% |
| 2004-09-30 | 38.00% |
| 2004-06-30 | 40.91% |
| 2004-03-31 | 37.45% |
| 2003-12-31 | 36.70% |
| 2003-09-30 | 37.12% |
| 2003-06-30 | 39.70% |
| 2003-03-31 | 45.55% |
| 2002-12-31 | 42.03% |
| 2002-09-30 | 39.63% |
