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 48.98% is 12% above its 5-year average of 43.54%, around the middle of its 5-year range (25.95%–81.55%).
As of the fiscal period ended Tuesday, June 30, 2026. 24.96% below its 12-month average of 65.26%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 48.98%.
TAX RATE
48.98%
TAX RATE AVG TTM
65.26%
TAX RATE AVG 3Y
43.86%
TAX RATE AVG 5Y
43.54%
TAX RATE AVG 10Y
39.70%
TAX RATE AVG 15Y
35.52%
TAX RATE AVG 20Y
32.88%
CURRENT VS TTM AVG
-24.96%
CURRENT VS 3Y AVG
+11.67%
CURRENT VS 5Y AVG
+12.48%
CURRENT VS 10Y AVG
+23.37%
CURRENT VS 15Y AVG
+37.88%
CURRENT VS 20Y AVG
+48.97%
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 | 48.98% |
| 2025-06-30 | 81.55% |
| 2025-03-31 | 59.46% |
| 2024-06-30 | 30.73% |
| 2024-03-31 | 41.47% |
| 2023-12-31 | 35.13% |
| 2023-09-30 | 26.18% |
| 2023-06-30 | 27.36% |
| 2023-03-31 | 53.89% |
| 2022-12-31 | 56.33% |
| 2022-09-30 | 30.10% |
| 2022-06-30 | 25.95% |
| 2021-09-30 | 56.43% |
| 2021-06-30 | 36.03% |
| 2020-09-30 | 12.12% |
| 2020-03-31 | 33.24% |
| 2019-09-30 | 45.14% |
| 2019-06-30 | 29.87% |
| 2019-03-31 | 24.37% |
| 2018-12-31 | -23.34% |
| 2018-09-30 | 38.55% |
| 2018-06-30 | 34.75% |
| 2018-03-31 | 12.30% |
| 2017-06-30 | 73.12% |
| 2014-09-30 | 37.95% |
| 2014-06-30 | 46.72% |
| 2014-03-31 | 29.13% |
| 2013-12-31 | 71.04% |
| 2013-09-30 | 30.34% |
| 2013-06-30 | 36.15% |
| 2012-12-31 | 25.54% |
| 2012-09-30 | 26.76% |
| 2012-06-30 | 30.19% |
| 2012-03-31 | 35.95% |
| 2011-12-31 | 32.57% |
| 2011-09-30 | 20.11% |
| 2011-06-30 | 26.88% |
| 2011-03-31 | 16.70% |
| 2010-12-31 | 15.54% |
| 2010-09-30 | 29.20% |
| 2010-06-30 | 14.26% |
| 2009-12-31 | 45.05% |
| 2009-09-30 | 12.11% |
| 2009-06-30 | 40.07% |
| 2009-03-31 | 32.58% |
| 2008-12-31 | 33.16% |
| 2008-09-30 | 7.03% |
| 2008-06-30 | 32.70% |
| 2008-03-31 | 36.17% |
| 2007-12-31 | 38.48% |
| 2007-09-30 | 34.19% |
| 2007-06-30 | 36.66% |
| 2007-03-31 | 36.79% |
| 2006-12-31 | 35.07% |
| 2006-09-30 | 40.84% |
| 2006-06-30 | 36.99% |
| 2006-03-31 | 36.50% |
| 2005-12-31 | 34.10% |
| 2005-09-30 | 27.17% |
| 2005-06-30 | 37.68% |
| 2005-03-31 | 37.53% |
| 2004-12-31 | 21.23% |
| 2004-09-30 | 38.02% |
| 2004-06-30 | 40.51% |
| 2004-03-31 | 39.26% |
| 2003-09-30 | 59.69% |
| 2003-06-30 | 39.21% |
| 2003-03-31 | 39.49% |
| 2002-12-31 | 39.45% |
| 2002-09-30 | 44.01% |