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 23.36% is in line with its 5-year average of 21.47%, around the middle of its 5-year range (18.21%–26.32%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.61% below its 12-month average of 24.49%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 23.36%.
TAX RATE
23.36%
TAX RATE AVG TTM
24.49%
TAX RATE AVG 3Y
22.39%
TAX RATE AVG 5Y
21.47%
TAX RATE AVG 10Y
22.04%
TAX RATE AVG 15Y
25.38%
TAX RATE AVG 20Y
26.19%
CURRENT VS TTM AVG
-4.61%
CURRENT VS 3Y AVG
+4.34%
CURRENT VS 5Y AVG
+8.80%
CURRENT VS 10Y AVG
+5.97%
CURRENT VS 15Y AVG
-7.98%
CURRENT VS 20Y AVG
-10.81%
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 | 23.36% |
| 2026-03-31 | 23.46% |
| 2025-12-31 | 26.32% |
| 2025-09-30 | 24.38% |
| 2025-06-30 | 24.93% |
| 2025-03-31 | 23.32% |
| 2024-12-31 | 24.28% |
| 2024-09-30 | 19.11% |
| 2024-06-30 | 18.51% |
| 2024-03-31 | 23.02% |
| 2023-12-31 | 20.28% |
| 2023-09-30 | 20.70% |
| 2023-06-30 | 19.39% |
| 2023-03-31 | 21.34% |
| 2022-12-31 | 19.59% |
| 2022-09-30 | 20.67% |
| 2022-06-30 | 18.21% |
| 2022-03-31 | 18.60% |
| 2021-12-31 | 22.23% |
| 2021-09-30 | 20.28% |
| 2021-06-30 | 18.89% |
| 2021-03-31 | 18.79% |
| 2020-12-31 | 22.12% |
| 2020-09-30 | 17.17% |
| 2020-06-30 | 18.04% |
| 2020-03-31 | 24.23% |
| 2019-12-31 | 22.85% |
| 2019-09-30 | 25.94% |
| 2019-06-30 | 24.58% |
| 2019-03-31 | 24.24% |
| 2018-12-31 | 20.39% |
| 2018-09-30 | 18.26% |
| 2018-06-30 | 1.65% |
| 2018-03-31 | -3.29% |
| 2017-12-31 | 99.95% |
| 2017-09-30 | 35.48% |
| 2017-06-30 | 30.46% |
| 2017-03-31 | 35.01% |
| 2016-12-31 | 31.52% |
| 2016-09-30 | 33.33% |
| 2016-06-30 | 34.35% |
| 2016-03-31 | 34.25% |
| 2015-12-31 | 38.37% |
| 2015-09-30 | 38.06% |
| 2015-06-30 | 22.54% |
| 2015-03-31 | 41.03% |
| 2014-12-31 | 38.82% |
| 2014-09-30 | 34.28% |
| 2014-06-30 | 33.35% |
| 2014-03-31 | -59.89% |
| 2013-12-31 | 0.18% |
| 2013-09-30 | 36.81% |
| 2013-06-30 | 40.30% |
| 2013-03-31 | 33.57% |
| 2012-12-31 | 23.12% |
| 2012-09-30 | 27.26% |
| 2011-09-30 | 32.48% |
| 2011-06-30 | 32.44% |
| 2011-03-31 | 29.42% |
| 2010-12-31 | -8.36% |
| 2010-09-30 | -98.51% |
| 2010-06-30 | 6.40% |
| 2009-06-30 | -107.51% |
| 2009-03-07 | -75.68% |
| 2008-09-30 | 31.43% |
| 2008-06-30 | 31.33% |
| 2008-03-31 | 29.44% |
| 2007-12-31 | 23.78% |
| 2007-09-30 | 34.03% |
| 2007-06-30 | 34.09% |
| 2007-03-31 | 33.67% |
| 2006-12-31 | 34.63% |
| 2006-09-30 | 34.41% |
| 2006-06-30 | 36.03% |
| 2006-03-31 | 34.99% |
| 2005-12-31 | 35.75% |
| 2005-09-30 | 34.74% |
| 2005-06-30 | 35.40% |
| 2005-03-31 | 35.83% |
| 2004-12-31 | 33.98% |
| 2004-09-30 | 36.51% |
| 2004-06-30 | 34.88% |
| 2004-03-31 | 33.94% |
| 2003-12-31 | 31.15% |
| 2003-09-30 | 35.92% |
| 2003-06-30 | 36.42% |
| 2003-03-31 | 36.17% |
| 2002-12-31 | 35.30% |
| 2002-09-30 | 35.74% |
