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 26.96% is in line with its 5-year average of 28.53%, near the low end of its 5-year range (26.65%–69.24%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.79% below its 12-month average of 28.92%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 26.96%.
TAX RATE
26.96%
TAX RATE AVG TTM
28.92%
TAX RATE AVG 3Y
29.10%
TAX RATE AVG 5Y
28.53%
TAX RATE AVG 10Y
28.37%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-6.79%
CURRENT VS 3Y AVG
-7.36%
CURRENT VS 5Y AVG
-5.52%
CURRENT VS 10Y AVG
-5.00%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 26.96% |
| 2026-03-31 | 27.48% |
| 2025-12-31 | 31.14% |
| 2025-06-30 | 30.11% |
| 2025-03-31 | 29.23% |
| 2024-12-31 | 29.87% |
| 2024-09-30 | 29.62% |
| 2024-06-30 | 28.80% |
| 2024-03-31 | 29.32% |
| 2023-12-31 | 69.24% |
| 2023-09-30 | 28.18% |
| 2023-06-30 | 29.39% |
| 2023-03-31 | 27.38% |
| 2022-12-31 | 27.25% |
| 2022-09-30 | 28.23% |
| 2022-06-30 | 26.94% |
| 2022-03-31 | 26.65% |
| 2021-12-31 | 28.58% |
| 2021-09-30 | 28.26% |
| 2021-06-30 | 28.72% |
| 2021-03-31 | 28.45% |
| 2020-12-31 | 26.61% |
| 2020-09-30 | 17.46% |
| 2020-06-30 | 23.39% |
| 2020-03-31 | 28.00% |
| 2019-12-31 | 24.59% |
| 2019-09-30 | 28.35% |
| 2019-06-30 | 30.64% |
| 2019-03-31 | 28.00% |
| 2018-12-31 | 27.99% |
| 2018-09-30 | 24.41% |
| 2018-06-30 | 29.49% |
| 2018-03-31 | 30.65% |
| 2017-12-31 | 69.59% |
| 2017-09-30 | 43.54% |
| 2017-06-30 | 35.00% |
| 2017-03-31 | 34.51% |
| 2016-12-31 | 32.55% |
| 2016-09-30 | 41.42% |
| 2016-06-30 | 25.01% |
| 2016-03-31 | 40.34% |
| 2015-12-31 | 34.99% |
| 2015-09-30 | 40.42% |
| 2015-06-30 | 36.55% |
| 2015-03-31 | 37.35% |
| 2014-12-31 | 36.62% |
| 2014-09-30 | 41.70% |
| 2014-06-30 | 41.17% |
| 2014-03-31 | 40.00% |
| 2013-12-31 | 24.25% |
| 2013-09-30 | 39.70% |
| 2013-06-30 | 42.17% |
| 2013-03-31 | 42.31% |
| 2012-12-31 | 45.72% |
