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 22.91% is in line with its 4-year average of 22.78%, near the low end of its 4-year range (5.15%–209.33%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.83% below its 12-month average of 24.85%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.91%.
TAX RATE
22.91%
TAX RATE AVG TTM
24.85%
TAX RATE AVG 3Y
24.56%
TAX RATE AVG 5Y
22.78%
TAX RATE AVG 10Y
24.42%
TAX RATE AVG 15Y
29.52%
TAX RATE AVG 20Y
30.81%
CURRENT VS TTM AVG
-7.83%
CURRENT VS 3Y AVG
-6.72%
CURRENT VS 5Y AVG
+0.58%
CURRENT VS 10Y AVG
-6.20%
CURRENT VS 15Y AVG
-22.39%
CURRENT VS 20Y AVG
-25.65%
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 | 22.91% |
| 2026-03-31 | 25.24% |
| 2025-12-31 | 27.46% |
| 2025-09-30 | 23.33% |
| 2025-06-30 | 25.34% |
| 2025-03-31 | 24.75% |
| 2024-12-31 | 33.97% |
| 2024-09-30 | 24.23% |
| 2024-06-30 | 23.36% |
| 2024-03-31 | 24.42% |
| 2023-12-31 | 12.66% |
| 2023-09-30 | 16.85% |
| 2023-06-30 | 5.15% |
| 2023-03-31 | 10.27% |
| 2022-06-30 | 209.33% |
| 2020-06-30 | 17.10% |
| 2019-03-31 | 22.34% |
| 2018-06-30 | 23.96% |
| 2018-03-31 | 28.57% |
| 2017-12-31 | 2.91% |
| 2017-06-30 | 42.63% |
| 2017-03-31 | 34.34% |
| 2016-09-30 | 32.10% |
| 2016-06-30 | 35.30% |
| 2016-03-31 | 31.85% |
| 2015-12-31 | 32.18% |
| 2015-09-30 | 37.75% |
| 2015-06-30 | 35.57% |
| 2015-03-31 | 41.42% |
| 2014-12-31 | 35.92% |
| 2014-09-30 | 36.11% |
| 2014-06-30 | 37.77% |
| 2014-03-31 | 35.64% |
| 2013-12-31 | 45.28% |
| 2013-09-30 | 38.56% |
| 2013-06-30 | 37.77% |
| 2013-03-31 | 38.58% |
| 2012-12-31 | 46.75% |
| 2012-09-30 | 14.30% |
| 2012-06-30 | 42.90% |
| 2012-03-31 | 36.55% |
| 2011-12-31 | 37.89% |
| 2011-09-30 | 37.90% |
| 2011-06-30 | 59.55% |
| 2011-03-31 | 34.88% |
| 2010-12-31 | 38.26% |
| 2010-06-30 | 50.76% |
| 2009-06-30 | 38.48% |
| 2009-03-31 | 37.51% |
| 2008-12-31 | 37.40% |
| 2008-09-30 | -0.76% |
| 2008-06-30 | 18.96% |
| 2008-03-31 | 19.11% |
| 2007-12-31 | 45.99% |
| 2007-09-30 | 12.32% |