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 22.85% is in line with its 5-year average of 22.39%, around the middle of its 5-year range (17.62%–28.80%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.66% below its 12-month average of 23.72%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.85%.
TAX RATE
22.85%
TAX RATE AVG TTM
23.72%
TAX RATE AVG 3Y
23.58%
TAX RATE AVG 5Y
22.39%
TAX RATE AVG 10Y
23.80%
TAX RATE AVG 15Y
27.77%
TAX RATE AVG 20Y
28.22%
CURRENT VS TTM AVG
-3.66%
CURRENT VS 3Y AVG
-3.09%
CURRENT VS 5Y AVG
+2.07%
CURRENT VS 10Y AVG
-4.00%
CURRENT VS 15Y AVG
-17.70%
CURRENT VS 20Y AVG
-19.03%
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 | 22.85% |
| 2026-03-31 | 21.48% |
| 2025-12-31 | 21.61% |
| 2025-09-30 | 26.14% |
| 2025-06-30 | 26.52% |
| 2024-12-31 | 24.77% |
| 2024-09-30 | 24.81% |
| 2024-06-30 | 28.80% |
| 2024-03-31 | 24.99% |
| 2023-12-31 | 22.48% |
| 2023-09-30 | 18.20% |
| 2023-06-30 | 20.31% |
| 2023-03-31 | 20.63% |
| 2022-12-31 | 24.74% |
| 2022-09-30 | 19.21% |
| 2022-06-30 | 17.62% |
| 2022-03-31 | 20.35% |
| 2021-12-31 | 23.59% |
| 2021-09-30 | 19.93% |
| 2021-06-30 | 18.73% |
| 2021-03-31 | 22.25% |
| 2020-12-31 | 21.74% |
| 2020-09-30 | 22.83% |
| 2020-06-30 | 21.37% |
| 2020-03-31 | 20.06% |
| 2019-12-31 | 20.01% |
| 2019-09-30 | 24.49% |
| 2019-06-30 | 21.77% |
| 2019-03-31 | 27.34% |
| 2018-12-31 | 26.01% |
| 2018-09-30 | 25.27% |
| 2018-06-30 | 26.03% |
| 2018-03-31 | 27.42% |
| 2017-12-31 | 59.96% |
| 2017-09-30 | 33.73% |
| 2017-06-30 | 34.50% |
| 2017-03-31 | 36.55% |
| 2016-12-31 | 35.37% |
| 2016-09-30 | 34.41% |
| 2016-06-30 | 35.10% |
| 2016-03-31 | 35.19% |
| 2015-12-31 | 35.45% |
| 2015-09-30 | 33.73% |
| 2015-06-30 | 36.02% |
| 2015-03-31 | 33.03% |
| 2014-12-31 | 38.55% |
| 2014-09-30 | 34.07% |
| 2014-06-30 | 32.96% |
| 2014-03-31 | 33.86% |
| 2013-12-31 | 33.77% |
| 2013-09-30 | 31.05% |
| 2013-06-30 | 33.73% |
| 2013-03-31 | 33.39% |
| 2012-12-31 | 34.20% |
| 2012-09-30 | 32.20% |
| 2012-06-30 | 27.75% |
| 2012-03-31 | 32.81% |
| 2011-12-31 | 32.39% |
| 2011-09-30 | 35.42% |
| 2011-06-30 | 34.69% |
| 2011-03-31 | 31.09% |
| 2010-12-31 | 33.75% |
| 2010-09-30 | 24.18% |
| 2010-06-30 | 31.81% |
| 2010-03-31 | 21.70% |
| 2009-03-31 | 24.51% |
| 2008-09-30 | 26.15% |
| 2008-06-30 | 24.23% |
| 2008-03-31 | 34.20% |
| 2007-12-31 | 3.45% |
| 2007-09-30 | 31.63% |
| 2007-06-30 | 33.68% |
| 2007-03-31 | 30.90% |
| 2006-12-31 | 30.86% |
| 2006-09-30 | 35.08% |
| 2006-06-30 | 36.44% |
| 2006-03-31 | 32.20% |
| 2005-12-31 | 32.35% |
| 2005-09-30 | 29.87% |
| 2005-06-30 | 34.19% |
| 2005-03-31 | 33.83% |
| 2004-12-31 | 32.62% |
| 2004-09-30 | 31.75% |
| 2004-06-30 | 34.63% |
| 2004-03-31 | 34.35% |
| 2003-12-31 | 34.14% |
| 2003-09-30 | 29.63% |
| 2003-06-30 | 36.32% |
| 2003-03-31 | 33.83% |
| 2002-12-31 | 24.13% |
| 2002-09-30 | 33.77% |
