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 25.18% is in line with its 5-year average of 24.83%, near the high end of its 5-year range (18.26%–27.10%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.51% above its 12-month average of 25.06%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 25.18%.
TAX RATE
25.18%
TAX RATE AVG TTM
25.06%
TAX RATE AVG 3Y
25.10%
TAX RATE AVG 5Y
24.83%
TAX RATE AVG 10Y
24.05%
TAX RATE AVG 15Y
28.77%
TAX RATE AVG 20Y
30.52%
CURRENT VS TTM AVG
+0.51%
CURRENT VS 3Y AVG
+0.32%
CURRENT VS 5Y AVG
+1.44%
CURRENT VS 10Y AVG
+4.71%
CURRENT VS 15Y AVG
-12.46%
CURRENT VS 20Y AVG
-17.49%
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 | 25.18% |
| 2026-03-31 | 24.77% |
| 2025-12-31 | 24.79% |
| 2025-09-30 | 26.06% |
| 2025-06-30 | 24.47% |
| 2025-03-31 | 24.39% |
| 2024-12-31 | 27.10% |
| 2024-09-30 | 25.34% |
| 2024-06-30 | 23.77% |
| 2024-03-31 | 23.52% |
| 2023-12-31 | 26.08% |
| 2023-09-30 | 20.32% |
| 2023-06-30 | 25.76% |
| 2023-03-31 | 24.27% |
| 2022-12-31 | 23.43% |
| 2022-09-30 | 25.11% |
| 2022-06-30 | 24.41% |
| 2022-03-31 | 23.69% |
| 2021-12-31 | 24.49% |
| 2021-09-30 | 18.26% |
| 2021-06-30 | 25.04% |
| 2021-03-31 | 22.18% |
| 2020-12-31 | 22.58% |
| 2020-09-30 | 23.94% |
| 2020-06-30 | 24.26% |
| 2020-03-31 | 25.63% |
| 2019-12-31 | 24.26% |
| 2019-09-30 | 22.14% |
| 2019-06-30 | 23.84% |
| 2019-03-31 | 23.51% |
| 2018-12-31 | 22.95% |
| 2018-09-30 | 21.93% |
| 2018-06-30 | 22.21% |
| 2018-03-31 | 22.23% |
| 2017-12-31 | 44.06% |
| 2017-09-30 | 34.46% |
| 2017-06-30 | 35.45% |
| 2017-03-31 | 34.17% |
| 2016-12-31 | 31.20% |
| 2016-09-30 | 35.96% |
| 2016-06-30 | 36.03% |
| 2016-03-31 | 36.26% |
| 2015-12-31 | 40.62% |
| 2015-09-30 | 37.48% |
| 2015-06-30 | 33.40% |
| 2015-03-31 | 37.25% |
| 2014-12-31 | 23.97% |
| 2014-09-30 | 34.88% |
| 2014-06-30 | 36.64% |
| 2014-03-31 | 37.40% |
| 2013-12-31 | 36.80% |
| 2013-09-30 | 33.51% |
| 2013-06-30 | 36.09% |
| 2013-03-31 | 35.07% |
| 2012-12-31 | 35.83% |
| 2012-09-30 | 35.93% |
| 2012-06-30 | 33.06% |
| 2012-03-31 | 37.40% |
| 2011-12-31 | 39.62% |
| 2011-09-30 | 14.81% |
| 2011-06-30 | 35.69% |
| 2011-03-31 | 36.40% |
| 2010-12-31 | 34.46% |
| 2010-09-30 | 32.37% |
| 2010-06-30 | 37.77% |
| 2010-03-31 | 38.10% |
| 2009-12-31 | 30.20% |
| 2009-09-30 | 40.11% |
| 2009-06-30 | 37.19% |
| 2009-03-31 | 37.00% |
| 2008-12-31 | 36.23% |
| 2008-09-30 | 33.83% |
| 2008-06-30 | 38.32% |
| 2008-03-31 | 37.40% |
| 2007-12-31 | 39.32% |
| 2007-09-30 | 36.11% |
| 2007-06-30 | 37.15% |
| 2007-03-31 | 36.98% |
| 2006-12-31 | 23.32% |
| 2006-09-30 | 136.37% |
| 2006-06-30 | 44.40% |
| 2006-03-31 | 41.99% |
| 2005-12-31 | 50.54% |
| 2005-09-30 | 37.48% |
| 2005-06-30 | 42.09% |
| 2005-03-31 | 41.01% |
| 2004-12-31 | 73.10% |
| 2004-09-30 | 44.08% |
| 2004-06-30 | 38.49% |
| 2004-03-31 | 39.40% |
| 2003-12-31 | 56.34% |
| 2003-09-30 | 38.35% |
| 2003-06-30 | 37.85% |
| 2003-03-31 | 38.93% |
| 2002-12-31 | 42.99% |
| 2002-09-30 | 35.45% |
