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 34.21% is 22% above its 5-year average of 28.08%, near the high end of its 5-year range (-384.42%–72.31%).
As of the fiscal period ended Tuesday, June 30, 2026. 12.37% below its 12-month average of 39.04%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 34.21%.
TAX RATE
34.21%
TAX RATE AVG TTM
39.04%
TAX RATE AVG 3Y
28.80%
TAX RATE AVG 5Y
28.08%
TAX RATE AVG 10Y
27.24%
TAX RATE AVG 15Y
28.39%
TAX RATE AVG 20Y
28.63%
CURRENT VS TTM AVG
-12.37%
CURRENT VS 3Y AVG
+18.77%
CURRENT VS 5Y AVG
+21.83%
CURRENT VS 10Y AVG
+25.58%
CURRENT VS 15Y AVG
+20.48%
CURRENT VS 20Y AVG
+19.50%
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 | 34.21% |
| 2026-03-31 | 32.65% |
| 2025-12-31 | 72.31% |
| 2025-09-30 | 27.16% |
| 2025-06-30 | 28.87% |
| 2025-03-31 | 29.47% |
| 2024-12-31 | -48.81% |
| 2024-09-30 | 21.57% |
| 2024-06-30 | 25.00% |
| 2024-03-31 | 30.16% |
| 2023-12-31 | -384.42% |
| 2023-09-30 | 22.83% |
| 2023-06-30 | 36.11% |
| 2023-03-31 | 26.92% |
| 2022-12-31 | 37.50% |
| 2022-09-30 | 15.52% |
| 2022-06-30 | 23.33% |
| 2022-03-31 | 25.81% |
| 2021-12-31 | 23.91% |
| 2021-09-30 | 36.36% |
| 2021-03-31 | 38.71% |
| 2020-12-31 | 31.03% |
| 2020-09-30 | 54.55% |
| 2019-12-31 | 16.67% |
| 2019-09-30 | 41.94% |
| 2019-06-30 | 50.00% |
| 2019-03-31 | -45.45% |
| 2018-12-31 | 2.13% |
| 2018-09-30 | 28.13% |
| 2018-06-30 | 24.49% |
| 2018-03-31 | 23.86% |
| 2017-12-31 | 40.00% |
| 2017-09-30 | 14.55% |
| 2017-06-30 | 17.24% |
| 2017-03-31 | 21.33% |
| 2016-12-31 | 8.82% |
| 2016-09-30 | 16.67% |
| 2016-06-30 | 18.75% |
| 2016-03-31 | 26.53% |
| 2015-09-30 | 32.26% |
| 2015-06-30 | 26.97% |
| 2015-03-31 | 1.06% |
| 2014-12-31 | 50.85% |
| 2014-09-30 | 42.31% |
| 2014-06-30 | 63.08% |
| 2014-03-31 | 42.17% |
| 2013-12-31 | 10.80% |
| 2013-09-30 | 25.00% |
| 2013-06-30 | 31.20% |
| 2013-03-31 | -27.27% |
| 2012-12-31 | 24.05% |
| 2012-09-30 | 45.83% |
| 2012-06-30 | 33.07% |
| 2012-03-31 | 207.69% |
| 2011-12-31 | 117.65% |
| 2011-09-30 | 29.41% |
| 2011-06-30 | 43.59% |
| 2011-03-31 | 33.33% |
| 2010-12-31 | 15.32% |
| 2010-03-31 | 9.16% |
| 2009-12-31 | 5.41% |
| 2009-03-31 | 60.87% |
| 2008-06-30 | 188.46% |
| 2006-06-30 | 24.64% |
| 2006-03-31 | 68.18% |
| 2005-12-31 | 1.68% |
| 2004-06-30 | 21.82% |
| 2004-03-31 | 30.36% |