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 22.48% is 10% below its 5-year average of 25.00%, near the high end of its 5-year range (-29.92%–28.06%).
As of the fiscal period ended Tuesday, June 30, 2026. 11.03% above its 12-month average of 20.25%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.48%.
TAX RATE
22.48%
TAX RATE AVG TTM
20.25%
TAX RATE AVG 3Y
23.66%
TAX RATE AVG 5Y
25.00%
TAX RATE AVG 10Y
25.52%
TAX RATE AVG 15Y
25.96%
TAX RATE AVG 20Y
26.43%
CURRENT VS TTM AVG
+11.03%
CURRENT VS 3Y AVG
-4.96%
CURRENT VS 5Y AVG
-10.09%
CURRENT VS 10Y AVG
-11.92%
CURRENT VS 15Y AVG
-13.39%
CURRENT VS 20Y AVG
-14.92%
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 | 22.48% |
| 2026-03-31 | 21.64% |
| 2025-12-31 | 11.86% |
| 2025-09-30 | 22.20% |
| 2025-06-30 | 23.07% |
| 2025-03-31 | 23.77% |
| 2024-12-31 | -29.92% |
| 2024-09-30 | 22.75% |
| 2024-06-30 | 24.54% |
| 2024-03-31 | 25.63% |
| 2023-12-31 | 19.57% |
| 2023-09-30 | 27.45% |
| 2023-06-30 | 27.12% |
| 2023-03-31 | 28.06% |
| 2022-12-31 | 27.55% |
| 2022-09-30 | 27.75% |
| 2022-06-30 | 27.49% |
| 2022-03-31 | 25.19% |
| 2021-12-31 | 26.87% |
| 2021-09-30 | 25.71% |
| 2021-06-30 | 26.24% |
| 2021-03-31 | 25.36% |
| 2020-12-31 | 26.49% |
| 2020-09-30 | 27.53% |
| 2020-06-30 | 25.93% |
| 2020-03-31 | 25.03% |
| 2019-12-31 | 49.24% |
| 2019-09-30 | 23.61% |
| 2019-06-30 | 26.47% |
| 2019-03-31 | 33.54% |
| 2018-12-31 | 18.99% |
| 2018-09-30 | 20.60% |
| 2018-06-30 | 20.66% |
| 2018-03-31 | 23.91% |
| 2017-12-31 | 57.26% |
| 2017-09-30 | 30.12% |
| 2017-06-30 | 29.27% |
| 2017-03-31 | 28.16% |
| 2016-12-31 | 26.80% |
| 2016-09-30 | 28.47% |
| 2016-06-30 | 28.37% |
| 2016-03-31 | 28.45% |
| 2015-09-30 | 22.06% |
| 2015-06-30 | 28.05% |
| 2015-03-31 | 28.80% |
| 2014-12-31 | 23.75% |
| 2014-09-30 | 27.79% |
| 2014-06-30 | 28.47% |
| 2014-03-31 | 2.39% |
| 2013-12-31 | 28.85% |
| 2013-09-30 | 20.85% |
| 2013-06-30 | 24.42% |
| 2013-03-31 | 29.04% |
| 2012-12-31 | 28.53% |
| 2012-09-30 | 36.22% |
| 2012-06-30 | 30.45% |
| 2012-03-31 | 30.67% |
| 2011-12-31 | 23.27% |
| 2011-09-30 | 27.92% |
| 2011-06-30 | 40.59% |
| 2011-03-31 | 31.86% |
| 2010-12-31 | 28.65% |
| 2010-09-30 | 30.27% |
| 2010-06-30 | 29.90% |
| 2010-03-31 | 30.84% |
| 2009-12-31 | 31.47% |
| 2009-09-30 | 30.64% |
| 2009-06-30 | 30.42% |
| 2009-03-31 | 30.28% |
| 2008-12-31 | -21.06% |
| 2008-09-30 | -47.58% |
| 2008-06-30 | 18.30% |
| 2008-03-31 | 27.11% |
| 2007-12-31 | 18.14% |
| 2007-09-30 | 23.78% |
| 2007-06-30 | 23.99% |
| 2007-03-31 | 30.48% |
| 2006-12-31 | 25.57% |
| 2006-09-30 | -0.15% |
| 2006-06-30 | 22.60% |
| 2006-03-31 | 26.75% |
| 2005-12-31 | 19.99% |
| 2005-09-30 | 29.63% |
| 2005-06-30 | 32.51% |
| 2005-03-31 | 33.51% |
| 2004-12-31 | 29.64% |
| 2004-09-30 | 31.89% |
| 2004-06-30 | 34.23% |
| 2004-03-31 | 34.06% |
| 2003-12-31 | 34.44% |
| 2003-09-30 | 34.23% |
| 2003-06-30 | 34.21% |
| 2003-03-31 | 33.91% |
| 2002-12-31 | 30.40% |
| 2002-09-30 | 30.13% |
