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 2.13% is 92% below its 5-year average of 25.47%, near the low end of its 5-year range (2.13%–450.00%).
As of the fiscal period ended Tuesday, June 30, 2026. 90.53% below its 12-month average of 22.47%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 2.13%.
TAX RATE
2.13%
TAX RATE AVG TTM
22.47%
TAX RATE AVG 3Y
28.23%
TAX RATE AVG 5Y
25.47%
TAX RATE AVG 10Y
25.93%
TAX RATE AVG 15Y
27.52%
TAX RATE AVG 20Y
27.55%
CURRENT VS TTM AVG
-90.53%
CURRENT VS 3Y AVG
-92.46%
CURRENT VS 5Y AVG
-91.65%
CURRENT VS 10Y AVG
-91.80%
CURRENT VS 15Y AVG
-92.27%
CURRENT VS 20Y AVG
-92.28%
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 | 2.13% |
| 2026-03-31 | 23.34% |
| 2025-12-31 | 30.19% |
| 2025-09-30 | 25.93% |
| 2025-06-30 | 30.77% |
| 2025-03-31 | 24.14% |
| 2024-12-31 | 16.67% |
| 2024-09-30 | 31.91% |
| 2024-06-30 | 32.73% |
| 2024-03-31 | 37.50% |
| 2023-12-31 | 131.82% |
| 2023-09-30 | 7.69% |
| 2023-06-30 | 29.17% |
| 2023-03-31 | 31.03% |
| 2022-12-31 | 450.00% |
| 2022-09-30 | 20.00% |
| 2022-03-31 | 34.55% |
| 2021-12-31 | 21.43% |
| 2021-09-30 | 10.53% |
| 2021-06-30 | 25.42% |
| 2021-03-31 | 26.39% |
| 2020-12-31 | -66.67% |
| 2019-09-30 | -150.00% |
| 2019-06-30 | 120.00% |
| 2018-12-31 | 21.05% |
| 2018-09-30 | -80.00% |
| 2018-06-30 | 33.33% |
| 2017-12-31 | 229.82% |
| 2017-09-30 | -116.67% |
| 2016-12-31 | 36.26% |
| 2016-09-30 | 45.56% |
| 2016-06-30 | 24.71% |
| 2015-12-31 | 39.71% |
| 2015-09-30 | 29.09% |
| 2015-03-31 | 26.67% |
| 2014-12-31 | 24.84% |
| 2014-09-30 | 23.58% |
| 2014-06-30 | 27.27% |
| 2014-03-31 | 28.05% |
| 2013-12-31 | 27.27% |
| 2013-09-30 | 25.76% |
| 2013-06-30 | 26.53% |
| 2013-03-31 | 21.33% |
| 2012-12-31 | 24.83% |
| 2012-09-30 | 27.27% |
| 2012-06-30 | 30.00% |
| 2012-03-31 | 27.78% |
| 2011-12-31 | 26.32% |
| 2011-09-30 | 28.10% |
| 2011-06-30 | 24.82% |
| 2011-03-31 | 27.78% |
| 2010-12-31 | 26.72% |
| 2010-09-30 | 29.25% |
| 2010-06-30 | 30.19% |
| 2010-03-31 | 22.09% |
| 2009-12-31 | 20.75% |
| 2009-09-30 | 25.00% |
| 2009-06-30 | 26.19% |
| 2009-03-31 | 25.00% |
| 2008-12-31 | 23.30% |
| 2008-09-30 | 29.41% |
| 2008-06-30 | 26.60% |
| 2008-03-31 | 25.00% |
| 2007-12-31 | 21.30% |
| 2007-09-30 | 56.06% |
| 2007-06-30 | 44.32% |
| 2007-03-31 | 38.57% |
| 2006-12-31 | 35.42% |
| 2006-09-30 | 36.76% |