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 34.94% is 29% above its 5-year average of 27.17%, near the high end of its 5-year range (-10.33%–36.87%).
As of the fiscal period ended Tuesday, June 30, 2026. 18.42% above its 12-month average of 29.51%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 34.94%.
TAX RATE
34.94%
TAX RATE AVG TTM
29.51%
TAX RATE AVG 3Y
29.86%
TAX RATE AVG 5Y
27.17%
TAX RATE AVG 10Y
28.03%
TAX RATE AVG 15Y
28.35%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+18.42%
CURRENT VS 3Y AVG
+17.01%
CURRENT VS 5Y AVG
+28.60%
CURRENT VS 10Y AVG
+24.64%
CURRENT VS 15Y AVG
+23.25%
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 | 34.94% |
| 2026-03-31 | 32.54% |
| 2025-12-31 | 13.63% |
| 2025-09-30 | 35.08% |
| 2025-06-30 | 31.34% |
| 2025-03-31 | 36.23% |
| 2024-09-30 | 34.96% |
| 2023-12-31 | 16.81% |
| 2023-06-30 | 33.23% |
| 2023-03-31 | 22.63% |
| 2022-12-31 | 19.79% |
| 2022-09-30 | -0.53% |
| 2022-03-31 | 36.87% |
| 2021-12-31 | -10.33% |
| 2021-06-30 | 32.86% |
| 2020-12-31 | 31.62% |
| 2019-12-31 | 46.31% |
| 2019-06-30 | 27.26% |
| 2018-12-31 | 34.00% |
| 2018-03-31 | 16.72% |
| 2017-12-31 | 17.89% |
| 2017-09-30 | 25.78% |
| 2017-06-30 | -52.26% |
| 2017-03-31 | 24.20% |
| 2016-09-30 | 38.05% |
| 2016-06-30 | 30.61% |
| 2016-03-31 | 31.22% |
| 2015-12-31 | 46.81% |
| 2015-06-30 | 32.78% |
| 2014-06-30 | 34.70% |
| 2014-03-31 | 31.17% |
| 2013-09-30 | 45.26% |
| 2013-03-31 | 32.46% |
| 2012-12-31 | 45.23% |
| 2012-03-31 | -0.67% |
| 2011-12-31 | -1.37% |
| 2011-06-30 | 21.86% |
| 2011-03-31 | 26.63% |
| 2010-12-31 | -12.85% |
| 2010-09-30 | 20.18% |
| 2010-06-30 | 12.63% |
| 2010-03-31 | 38.32% |
| 2009-12-31 | 6.53% |
| 2009-09-30 | 23.49% |
| 2009-06-30 | 31.21% |
