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 31.17% is 96% above its 5-year average of 15.90%, near the low end of its 5-year range (-3.35%–212.68%).
As of the fiscal period ended Tuesday, June 30, 2026. 33.26% above its 12-month average of 23.39%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 31.17%.
TAX RATE
31.17%
TAX RATE AVG TTM
23.39%
TAX RATE AVG 3Y
16.79%
TAX RATE AVG 5Y
15.90%
TAX RATE AVG 10Y
16.36%
TAX RATE AVG 15Y
15.82%
TAX RATE AVG 20Y
13.95%
CURRENT VS TTM AVG
+33.26%
CURRENT VS 3Y AVG
+85.63%
CURRENT VS 5Y AVG
+96.09%
CURRENT VS 10Y AVG
+90.59%
CURRENT VS 15Y AVG
+97.05%
CURRENT VS 20Y AVG
+123.38%
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 | 31.17% |
| 2026-03-31 | 13.83% |
| 2025-12-31 | 37.75% |
| 2025-06-30 | 10.82% |
| 2025-03-31 | 13.09% |
| 2024-12-31 | 24.62% |
| 2024-09-30 | 9.47% |
| 2024-06-30 | 16.84% |
| 2024-03-31 | 13.12% |
| 2023-12-31 | -3.35% |
| 2023-09-30 | 15.67% |
| 2023-06-30 | 19.30% |
| 2023-03-31 | 15.75% |
| 2022-12-31 | 19.67% |
| 2022-09-30 | 166.00% |
| 2022-06-30 | 0.70% |
| 2021-12-31 | 54.76% |
| 2021-06-30 | 212.68% |
| 2021-03-31 | 5.77% |
| 2020-12-31 | 18.62% |
| 2020-09-30 | 10.75% |
| 2020-06-30 | 30.47% |
| 2019-12-31 | 5.68% |
| 2019-06-30 | 28.28% |
| 2018-12-31 | 46.01% |
| 2018-09-30 | 15.27% |
| 2018-06-30 | 17.64% |
| 2018-03-31 | 16.80% |
| 2017-12-31 | 18.26% |
| 2017-09-30 | 12.13% |
| 2017-06-30 | 11.34% |
| 2017-03-31 | 18.62% |
| 2016-12-31 | 8.87% |
| 2016-09-30 | 25.26% |
| 2016-06-30 | 24.81% |
| 2016-03-31 | 25.43% |
| 2015-12-31 | 12.68% |
| 2015-09-30 | 19.35% |
| 2015-06-30 | 19.01% |
| 2015-03-31 | 20.73% |
| 2014-12-31 | 15.60% |
| 2014-09-30 | 15.47% |
| 2014-06-30 | 15.38% |
| 2014-03-31 | 15.15% |
| 2013-12-31 | 11.17% |
| 2013-09-30 | 16.31% |
| 2013-06-30 | 16.28% |
| 2013-03-31 | 16.23% |
| 2012-12-31 | 16.25% |
| 2012-09-30 | 13.52% |
| 2012-06-30 | 7.89% |
| 2012-03-31 | 15.06% |
| 2011-12-31 | 16.54% |
| 2011-09-30 | 14.48% |
| 2011-06-30 | 14.88% |
| 2011-03-31 | 14.48% |
| 2010-06-30 | 14.37% |
| 2010-03-31 | 12.82% |
| 2009-09-30 | 9.07% |
| 2009-06-30 | 11.76% |
| 2009-03-31 | 12.93% |
| 2008-09-30 | 9.10% |
| 2008-06-30 | 9.73% |
| 2008-03-31 | 6.89% |
| 2007-12-31 | -9.19% |
| 2007-09-30 | 1.40% |
| 2007-06-30 | 1.28% |
| 2007-03-31 | 1.60% |
| 2006-12-31 | -5.19% |
| 2006-09-30 | 2.32% |
| 2006-06-30 | 15.08% |
| 2006-03-31 | 16.04% |
| 2005-09-30 | 18.02% |
| 2005-06-30 | 8.89% |
| 2005-03-31 | 28.94% |