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 22.89% is in line with its 5-year average of 21.47%, near the high end of its 5-year range (-15.44%–24.63%).
As of the fiscal period ended Tuesday, June 30, 2026. 52.16% above its 12-month average of 15.04%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.89%.
TAX RATE
22.89%
TAX RATE AVG TTM
15.04%
TAX RATE AVG 3Y
20.49%
TAX RATE AVG 5Y
21.47%
TAX RATE AVG 10Y
21.18%
TAX RATE AVG 15Y
22.63%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+52.16%
CURRENT VS 3Y AVG
+11.70%
CURRENT VS 5Y AVG
+6.62%
CURRENT VS 10Y AVG
+8.09%
CURRENT VS 15Y AVG
+1.16%
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 | 22.89% |
| 2026-03-31 | 22.62% |
| 2025-12-31 | 23.21% |
| 2025-09-30 | 21.93% |
| 2025-06-30 | -15.44% |
| 2025-03-31 | 21.91% |
| 2024-12-31 | 23.37% |
| 2024-06-30 | 16.84% |
| 2024-03-31 | 19.70% |
| 2023-12-31 | 15.86% |
| 2023-09-30 | 16.60% |
| 2023-06-30 | 2.32% |
| 2023-03-31 | 23.77% |
| 2022-12-31 | 23.48% |
| 2022-09-30 | 23.17% |
| 2022-06-30 | 20.62% |
| 2022-03-31 | 21.11% |
| 2021-12-31 | 24.63% |
| 2021-09-30 | 22.83% |
| 2021-06-30 | 21.88% |
| 2021-03-31 | 22.17% |
| 2020-12-31 | 20.73% |
| 2020-09-30 | 21.80% |
| 2020-06-30 | 18.24% |
| 2020-03-31 | 19.31% |
| 2019-12-31 | 19.43% |
| 2019-09-30 | 17.73% |
| 2019-06-30 | 18.04% |
| 2019-03-31 | -47.74% |
| 2018-12-31 | 17.45% |
| 2018-09-30 | 18.31% |
| 2018-06-30 | 13.74% |
| 2018-03-31 | 18.07% |
| 2017-12-31 | 37.59% |
| 2017-09-30 | 27.82% |
| 2017-06-30 | 23.20% |
| 2017-03-31 | 17.99% |
| 2016-12-31 | 29.52% |
| 2016-09-30 | 26.60% |
| 2016-06-30 | 25.77% |
| 2016-03-31 | 27.47% |
| 2015-12-31 | 25.53% |
| 2015-09-30 | 25.32% |
| 2015-06-30 | 23.85% |
| 2015-03-31 | 26.00% |
| 2014-12-31 | 22.02% |
| 2014-09-30 | 27.58% |
| 2014-06-30 | 27.56% |
| 2014-03-31 | 27.59% |
| 2013-12-31 | 19.40% |
| 2013-09-30 | 27.56% |
| 2013-06-30 | 26.73% |
| 2013-03-31 | 28.47% |
| 2012-12-31 | 24.48% |
| 2012-09-30 | 32.07% |
