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 25.45% is in line with its 5-year average of 26.26%, near the low end of its 5-year range (24.56%–28.04%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.64% below its 12-month average of 25.61%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 25.45%.
TAX RATE
25.45%
TAX RATE AVG TTM
25.61%
TAX RATE AVG 3Y
26.32%
TAX RATE AVG 5Y
26.26%
TAX RATE AVG 10Y
25.86%
TAX RATE AVG 15Y
24.90%
TAX RATE AVG 20Y
25.36%
CURRENT VS TTM AVG
-0.64%
CURRENT VS 3Y AVG
-3.30%
CURRENT VS 5Y AVG
-3.08%
CURRENT VS 10Y AVG
-1.59%
CURRENT VS 15Y AVG
+2.22%
CURRENT VS 20Y AVG
+0.35%
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 | 25.45% |
| 2026-03-31 | 25.00% |
| 2025-12-31 | 26.52% |
| 2025-09-30 | 25.51% |
| 2025-06-30 | 25.59% |
| 2025-03-31 | 25.82% |
| 2024-12-31 | 27.49% |
| 2024-09-30 | 26.61% |
| 2024-06-30 | 26.33% |
| 2024-03-31 | 26.35% |
| 2023-12-31 | 28.04% |
| 2023-09-30 | 26.95% |
| 2023-06-30 | 26.48% |
| 2023-03-31 | 26.51% |
| 2022-12-31 | 27.27% |
| 2022-09-30 | 26.61% |
| 2022-06-30 | 25.87% |
| 2022-03-31 | 24.56% |
| 2021-12-31 | 26.29% |
| 2021-09-30 | 26.22% |
| 2021-06-30 | 26.05% |
| 2021-03-31 | 25.72% |
| 2020-12-31 | 25.26% |
| 2020-09-30 | 25.10% |
| 2020-06-30 | 24.48% |
| 2020-03-31 | 23.71% |
| 2019-12-31 | 23.09% |
| 2019-09-30 | 24.53% |
| 2019-06-30 | 24.13% |
| 2019-03-31 | 22.61% |
| 2018-12-31 | 23.91% |
| 2018-09-30 | 20.03% |
| 2018-06-30 | 21.41% |
| 2018-03-31 | 19.66% |
| 2017-12-31 | 82.57% |
| 2017-09-30 | 28.85% |
| 2017-06-30 | 29.20% |
| 2017-03-31 | 24.32% |
| 2016-12-31 | 26.55% |
| 2016-09-30 | 27.83% |
| 2016-06-30 | 26.01% |
| 2016-03-31 | 24.99% |
| 2015-12-31 | 23.78% |
| 2015-09-30 | 23.94% |
| 2015-06-30 | 23.04% |
| 2015-03-31 | 22.70% |
| 2014-12-31 | 23.07% |
| 2014-09-30 | 23.82% |
| 2014-06-30 | 23.23% |
| 2014-03-31 | 22.63% |
| 2013-12-31 | 20.22% |
| 2013-09-30 | 22.66% |
| 2013-06-30 | 23.41% |
| 2013-03-31 | 21.55% |
| 2012-12-31 | 22.60% |
| 2012-09-30 | 24.29% |
| 2012-06-30 | 21.81% |
| 2012-03-31 | 26.49% |
| 2011-12-31 | 27.22% |
| 2011-09-30 | 27.47% |
| 2011-06-30 | 26.96% |
| 2011-03-31 | 27.36% |
| 2010-12-31 | 27.29% |
| 2010-09-30 | 27.87% |
| 2010-06-30 | 28.19% |
| 2010-03-31 | 28.79% |
| 2009-12-31 | 28.42% |
| 2009-09-30 | 27.23% |
| 2009-06-30 | 28.55% |
| 2009-03-31 | 35.89% |
| 2008-12-31 | 24.86% |
| 2008-06-30 | 9.54% |
| 2008-03-31 | 30.06% |
| 2007-12-31 | 23.00% |
| 2007-09-30 | 26.27% |
| 2007-06-30 | 26.58% |
| 2007-03-31 | 25.88% |
| 2006-12-31 | 26.30% |
| 2006-09-30 | 26.10% |
| 2006-06-30 | 26.13% |
| 2006-03-31 | 27.37% |
| 2005-12-31 | 27.03% |
| 2005-09-30 | 27.33% |
| 2005-06-30 | 28.67% |
| 2005-03-31 | 25.58% |
| 2004-12-31 | 24.92% |
| 2004-09-30 | 29.43% |
| 2004-06-30 | 28.76% |
| 2004-03-31 | 28.53% |
| 2003-12-31 | 27.72% |
| 2003-09-30 | 27.93% |
| 2003-06-30 | 30.07% |
| 2003-03-31 | 30.95% |
| 2002-12-31 | 31.75% |
| 2002-09-30 | 33.01% |
