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 23.24% is in line with its 5-year average of 22.58%, around the middle of its 5-year range (14.57%–27.17%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.02% above its 12-month average of 21.32%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 23.24%.
TAX RATE
23.24%
TAX RATE AVG TTM
21.32%
TAX RATE AVG 3Y
21.69%
TAX RATE AVG 5Y
22.58%
TAX RATE AVG 10Y
21.55%
TAX RATE AVG 15Y
26.53%
TAX RATE AVG 20Y
27.97%
CURRENT VS TTM AVG
+9.02%
CURRENT VS 3Y AVG
+7.14%
CURRENT VS 5Y AVG
+2.91%
CURRENT VS 10Y AVG
+7.84%
CURRENT VS 15Y AVG
-12.40%
CURRENT VS 20Y AVG
-16.91%
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 | 23.24% |
| 2026-03-31 | 18.86% |
| 2025-12-31 | 20.64% |
| 2025-09-30 | 22.19% |
| 2025-06-30 | 21.66% |
| 2025-03-31 | 19.16% |
| 2024-12-31 | 14.57% |
| 2024-09-30 | 23.62% |
| 2024-06-30 | 23.94% |
| 2024-03-31 | 18.64% |
| 2023-12-31 | 27.17% |
| 2023-09-30 | 24.08% |
| 2023-06-30 | 24.23% |
| 2023-03-31 | 23.56% |
| 2022-12-31 | 22.24% |
| 2022-09-30 | 22.83% |
| 2022-06-30 | 24.36% |
| 2022-03-31 | 23.40% |
| 2021-12-31 | 21.18% |
| 2021-09-30 | 23.65% |
| 2021-06-30 | 23.03% |
| 2021-03-31 | 22.75% |
| 2020-12-31 | 19.93% |
| 2020-09-30 | 24.42% |
| 2020-06-30 | 22.28% |
| 2020-03-31 | 17.01% |
| 2019-12-31 | 15.82% |
| 2019-09-30 | 19.51% |
| 2019-06-30 | 23.14% |
| 2019-03-31 | 24.89% |
| 2018-12-31 | 19.42% |
| 2018-09-30 | 16.58% |
| 2018-06-30 | 18.06% |
| 2018-03-31 | 22.70% |
| 2017-12-31 | -54.62% |
| 2017-09-30 | 35.66% |
| 2017-06-30 | 36.67% |
| 2017-03-31 | 31.57% |
| 2016-12-31 | 34.51% |
| 2016-09-30 | 33.48% |
| 2016-06-30 | 37.69% |
| 2016-03-31 | 35.35% |
| 2015-12-31 | 31.23% |
| 2015-09-30 | 32.06% |
| 2015-06-30 | 29.82% |
| 2014-12-31 | 0.17% |
| 2014-09-30 | 32.13% |
| 2014-06-30 | 44.78% |
| 2014-03-31 | 29.46% |
| 2013-09-30 | 34.29% |
| 2013-06-30 | 33.16% |
| 2013-03-31 | 32.82% |
| 2012-12-31 | 32.66% |
| 2012-09-30 | 35.92% |
| 2012-06-30 | 34.43% |
| 2012-03-31 | 32.72% |
| 2011-12-31 | 32.52% |
| 2011-09-30 | 32.30% |
| 2011-06-30 | 34.38% |
| 2011-03-31 | 35.95% |
| 2010-12-31 | 35.24% |
| 2010-09-30 | 37.23% |
| 2010-06-30 | 44.40% |
| 2010-03-31 | 36.42% |
| 2009-12-31 | 4.61% |
| 2009-09-30 | 31.29% |
| 2009-06-30 | 37.91% |
| 2009-03-31 | 37.27% |
| 2008-12-31 | 36.44% |
| 2008-09-30 | 39.33% |
| 2008-06-30 | 38.49% |
| 2008-03-31 | 37.40% |
| 2007-12-31 | 32.24% |
| 2007-09-30 | 36.24% |
| 2007-06-30 | 29.58% |
| 2007-03-31 | 32.93% |
| 2006-12-31 | 24.31% |
| 2006-09-30 | 27.36% |
| 2006-06-30 | 6.71% |
| 2006-03-31 | 35.64% |
| 2005-12-31 | 14.96% |
| 2005-09-30 | 4.87% |
| 2005-06-30 | -72.79% |
| 2005-03-31 | 31.82% |
| 2004-12-31 | 20.41% |
| 2004-09-30 | 10.39% |
| 2004-06-30 | 27.27% |
| 2004-03-31 | 30.10% |
| 2003-12-31 | 32.94% |
| 2003-09-30 | 36.17% |
| 2003-06-30 | 37.59% |
| 2003-03-31 | 38.86% |
| 2002-12-31 | 26.09% |
| 2002-09-30 | 34.38% |
