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 38.41% is 24% below its 5-year average of 50.70%, around the middle of its 5-year range (0.38%–112.94%).
As of the fiscal period ended Tuesday, June 30, 2026. 45.14% above its 12-month average of 26.46%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 38.41%.
TAX RATE
38.41%
TAX RATE AVG TTM
26.46%
TAX RATE AVG 3Y
42.24%
TAX RATE AVG 5Y
50.70%
TAX RATE AVG 10Y
51.06%
TAX RATE AVG 15Y
43.23%
TAX RATE AVG 20Y
36.05%
CURRENT VS TTM AVG
+45.14%
CURRENT VS 3Y AVG
-9.07%
CURRENT VS 5Y AVG
-24.24%
CURRENT VS 10Y AVG
-24.78%
CURRENT VS 15Y AVG
-11.16%
CURRENT VS 20Y AVG
+6.54%
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 | 38.41% |
| 2026-03-31 | 27.17% |
| 2025-12-31 | 0.38% |
| 2025-09-30 | 30.43% |
| 2025-06-30 | 35.93% |
| 2024-12-31 | 26.22% |
| 2024-09-30 | 27.57% |
| 2024-06-30 | 111.20% |
| 2024-03-31 | 111.20% |
| 2023-12-31 | 42.03% |
| 2023-09-30 | 14.09% |
| 2022-12-31 | 25.12% |
| 2022-09-30 | 23.41% |
| 2022-06-30 | 112.94% |
| 2022-03-31 | 112.94% |
| 2021-06-30 | 72.12% |
| 2021-03-31 | 72.12% |
| 2020-12-31 | 74.32% |
| 2020-09-30 | 36.89% |
| 2020-06-30 | 141.75% |
| 2020-03-31 | 141.75% |
| 2019-12-31 | 45.48% |
| 2019-09-30 | 95.51% |
| 2019-03-31 | 895.83% |
| 2018-12-31 | 35.08% |
| 2018-09-30 | 31.79% |
| 2018-06-30 | 30.73% |
| 2018-03-31 | 45.30% |
| 2017-12-31 | 24.95% |
| 2017-09-30 | 39.65% |
| 2017-06-30 | 64.87% |
| 2017-03-31 | 13.58% |
| 2016-09-30 | -22.35% |
| 2016-06-30 | 2.39% |
| 2016-03-31 | -56.55% |
| 2014-09-30 | 47.28% |
| 2014-06-30 | 38.45% |
| 2014-03-31 | 884.03% |
| 2013-12-31 | 29.44% |
| 2013-09-30 | 35.07% |
| 2013-06-30 | 25.23% |
| 2013-03-31 | 49.05% |
| 2012-12-31 | 34.92% |
| 2012-09-30 | 41.91% |
| 2012-06-30 | 27.06% |
| 2012-03-31 | 45.02% |
| 2011-06-30 | 40.93% |
| 2011-03-31 | 34.49% |
| 2010-12-31 | 32.78% |
| 2010-09-30 | 20.82% |
| 2010-06-30 | 37.28% |
| 2010-03-31 | -18.30% |
| 2009-12-31 | 55.27% |
| 2009-09-30 | 35.29% |
| 2009-03-31 | 34.69% |
| 2007-12-31 | 205.30% |
| 2004-12-31 | -53.76% |
| 2004-09-30 | 168.91% |
| 2004-06-30 | 105.49% |
| 2003-12-31 | -1.69% |
| 2003-09-30 | 34.90% |
| 2002-09-30 | 37.28% |
| 2002-06-30 | 24.60% |