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 22.71% is 33% above its 5-year average of 17.10%, around the middle of its 5-year range (-83.20%–112.33%).
As of the fiscal period ended Tuesday, June 30, 2026. 12.45% above its 12-month average of 20.19%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.71%.
TAX RATE
22.71%
TAX RATE AVG TTM
20.19%
TAX RATE AVG 3Y
18.96%
TAX RATE AVG 5Y
17.10%
TAX RATE AVG 10Y
17.30%
TAX RATE AVG 15Y
15.46%
TAX RATE AVG 20Y
14.70%
CURRENT VS TTM AVG
+12.45%
CURRENT VS 3Y AVG
+19.76%
CURRENT VS 5Y AVG
+32.84%
CURRENT VS 10Y AVG
+31.28%
CURRENT VS 15Y AVG
+46.92%
CURRENT VS 20Y AVG
+54.54%
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 | 22.71% |
| 2026-03-31 | 22.71% |
| 2025-12-31 | 6.17% |
| 2025-09-30 | 21.31% |
| 2025-06-30 | 28.08% |
| 2025-03-31 | 25.78% |
| 2024-12-31 | -20.41% |
| 2024-09-30 | 33.36% |
| 2024-06-30 | 19.41% |
| 2024-03-31 | 15.84% |
| 2023-12-31 | 14.94% |
| 2023-09-30 | 5.77% |
| 2023-06-30 | 11.48% |
| 2023-03-31 | 9.52% |
| 2022-12-31 | -83.20% |
| 2022-09-30 | 10.09% |
| 2022-06-30 | 24.11% |
| 2022-03-31 | 86.54% |
| 2021-12-31 | 13.02% |
| 2021-09-30 | 112.33% |
| 2021-06-30 | 6.33% |
| 2021-03-31 | 16.55% |
| 2020-09-30 | -14.27% |
| 2019-09-30 | 18.05% |
| 2019-06-30 | 21.64% |
| 2019-03-31 | 16.35% |
| 2018-09-30 | 18.60% |
| 2018-06-30 | 15.78% |
| 2018-03-31 | 14.57% |
| 2017-09-30 | 17.30% |
| 2017-06-30 | 19.64% |
| 2017-03-31 | 16.82% |
| 2016-12-31 | -18.17% |
| 2016-09-30 | 17.36% |
| 2016-06-30 | 18.35% |
| 2016-03-31 | 16.11% |
| 2015-12-31 | 6.18% |
| 2015-09-30 | 18.08% |
| 2015-06-30 | 17.93% |
| 2015-03-31 | 14.48% |
| 2014-12-31 | 3.00% |
| 2014-09-30 | 14.86% |
| 2014-06-30 | 18.79% |
| 2014-03-31 | 19.32% |
| 2013-12-31 | 3.40% |
| 2013-09-30 | 15.25% |
| 2013-06-30 | 20.38% |
| 2013-03-31 | 18.96% |
| 2012-12-31 | 10.01% |
| 2012-09-30 | 16.93% |
| 2012-06-30 | 10.18% |
| 2012-03-31 | 88.12% |
| 2011-12-31 | 0.45% |
| 2011-09-30 | -8.54% |
| 2011-06-30 | 18.41% |
| 2011-03-31 | 8.14% |
| 2010-12-31 | 6.88% |
| 2010-09-30 | 15.04% |
| 2010-06-30 | 16.79% |
| 2010-03-31 | 14.57% |
| 2009-12-31 | 4.55% |
| 2009-09-30 | 14.45% |
| 2009-06-30 | 14.45% |
| 2009-03-31 | 28.47% |
| 2008-12-31 | -85.61% |
| 2008-09-30 | 7.64% |
| 2008-06-30 | -6.91% |
| 2008-03-31 | 11.77% |
| 2007-12-31 | -14.32% |
| 2007-09-30 | 5.91% |
| 2007-06-30 | 18.01% |
| 2007-03-31 | 26.78% |
| 2006-12-31 | 4.11% |
| 2006-09-30 | 14.72% |
| 2006-06-30 | 28.67% |
| 2006-03-31 | 8.78% |
| 2005-12-31 | 10.26% |
| 2005-09-30 | 24.10% |
| 2005-06-30 | 21.93% |
| 2005-03-31 | 18.51% |
| 2004-12-31 | -17.67% |
| 2004-11-12 | 10.86% |
| 2004-06-30 | 13.53% |
| 2004-03-31 | 16.36% |
| 2003-12-31 | 35.36% |
| 2003-09-30 | -0.99% |
| 2003-06-30 | 21.87% |
| 2003-03-31 | 21.31% |