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 25.60% is in line with its 5-year average of 25.76%, around the middle of its 5-year range (22.99%–30.72%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.24% above its 12-month average of 25.54%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 25.60%.
TAX RATE
25.60%
TAX RATE AVG TTM
25.54%
TAX RATE AVG 3Y
25.90%
TAX RATE AVG 5Y
25.76%
TAX RATE AVG 10Y
26.06%
TAX RATE AVG 15Y
31.11%
TAX RATE AVG 20Y
34.02%
CURRENT VS TTM AVG
+0.24%
CURRENT VS 3Y AVG
-1.16%
CURRENT VS 5Y AVG
-0.62%
CURRENT VS 10Y AVG
-1.79%
CURRENT VS 15Y AVG
-17.72%
CURRENT VS 20Y AVG
-24.75%
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 | 25.60% |
| 2026-03-31 | 25.76% |
| 2025-12-31 | 24.52% |
| 2025-09-30 | 26.21% |
| 2025-06-30 | 25.59% |
| 2025-03-31 | 25.40% |
| 2024-12-31 | 25.74% |
| 2024-09-30 | 25.69% |
| 2024-06-30 | 26.75% |
| 2024-03-31 | 27.59% |
| 2023-12-31 | 25.51% |
| 2023-09-30 | 30.72% |
| 2023-06-30 | 26.39% |
| 2023-03-31 | 26.17% |
| 2022-12-31 | 27.91% |
| 2022-09-30 | 22.99% |
| 2022-06-30 | 25.48% |
| 2022-03-31 | 24.04% |
| 2021-12-31 | 25.73% |
| 2021-09-30 | 26.08% |
| 2021-06-30 | 25.50% |
| 2021-03-31 | 24.31% |
| 2020-12-31 | 24.38% |
| 2020-09-30 | 26.06% |
| 2020-06-30 | 25.18% |
| 2020-03-31 | 25.01% |
| 2019-12-31 | 27.56% |
| 2019-09-30 | 25.15% |
| 2019-06-30 | 25.97% |
| 2019-03-31 | 24.74% |
| 2018-12-31 | 7.94% |
| 2018-09-30 | 31.82% |
| 2018-06-30 | 28.49% |
| 2018-03-31 | 80.04% |
| 2017-12-31 | 19.41% |
| 2017-09-30 | 39.24% |
| 2017-06-30 | 35.16% |
| 2017-03-31 | 40.44% |
| 2016-12-31 | 40.53% |
| 2016-09-30 | 36.42% |
| 2016-06-30 | 39.95% |
| 2016-03-31 | 40.82% |
| 2015-12-31 | 42.06% |
| 2015-09-30 | 40.30% |
| 2015-06-30 | 40.39% |
| 2015-03-31 | 41.00% |
| 2014-12-31 | 40.21% |
| 2014-09-30 | 40.09% |
| 2014-06-30 | 40.07% |
| 2014-03-31 | 40.21% |
| 2013-12-31 | 40.36% |
| 2013-09-30 | 40.07% |
| 2013-06-30 | 40.20% |
| 2013-03-31 | 40.39% |
| 2012-12-31 | 287.44% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 40.26% |
| 2011-12-31 | 51.34% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 119.92% |
| 2010-12-31 | 59.71% |
| 2010-09-30 | 62.44% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 33.16% |
| 2009-12-31 | 52.18% |
| 2009-09-30 | 44.34% |
| 2009-06-30 | 44.07% |
| 2009-03-31 | 35.86% |
| 2008-12-31 | 43.01% |
| 2008-09-30 | 40.40% |
| 2008-06-30 | 40.02% |
| 2008-03-31 | 40.18% |
| 2007-12-31 | 39.96% |
| 2007-09-30 | 39.63% |
| 2007-06-30 | 40.47% |
| 2007-03-31 | 39.06% |
| 2006-12-31 | 40.66% |
| 2006-09-30 | 38.02% |
| 2006-06-30 | 39.12% |
| 2006-03-31 | 39.60% |
| 2005-12-31 | 39.62% |
| 2005-09-30 | 39.93% |
| 2005-06-30 | 40.07% |
| 2005-03-31 | 40.15% |
| 2004-12-31 | 38.52% |
| 2004-09-30 | 40.15% |
| 2004-06-30 | 40.32% |
| 2004-03-31 | 39.61% |
| 2003-12-31 | 30.82% |
| 2003-09-30 | 38.23% |
| 2003-06-30 | 41.00% |
| 2003-03-31 | 39.26% |
| 2002-12-31 | 39.49% |
| 2002-09-30 | 39.91% |
