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 31.27% is 23% below its 5-year average of 40.51%, near the low end of its 5-year range (31.04%–72.59%).
As of the fiscal period ended Tuesday, June 30, 2026. 25.88% below its 12-month average of 42.19%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 31.27%.
TAX RATE
31.27%
TAX RATE AVG TTM
42.19%
TAX RATE AVG 3Y
45.59%
TAX RATE AVG 5Y
40.51%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-25.88%
CURRENT VS 3Y AVG
-31.40%
CURRENT VS 5Y AVG
-22.80%
CURRENT VS 10Y AVG
N/A
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 | 31.27% |
| 2026-03-31 | 37.60% |
| 2025-12-31 | 50.57% |
| 2025-09-30 | 33.64% |
| 2025-06-30 | 57.87% |
| 2024-12-31 | 72.59% |
| 2024-09-30 | 60.24% |
| 2024-06-30 | 42.19% |
| 2024-03-31 | 42.59% |
| 2023-12-31 | 41.10% |
| 2023-06-30 | 31.82% |
| 2023-03-31 | 47.39% |
| 2022-09-30 | 40.28% |
| 2022-06-30 | 36.77% |
| 2022-03-31 | 32.31% |
| 2021-12-31 | 38.71% |
| 2021-09-30 | 33.23% |
| 2021-06-30 | 31.04% |
| 2021-03-31 | 21.42% |
| 2020-06-30 | 34.20% |
| 2019-06-30 | 59.09% |
| 2019-03-31 | 59.09% |