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 20.48% is 11% below its 5-year average of 22.93%, near the high end of its 5-year range (-283.65%–33.41%).
As of the fiscal period ended Tuesday, June 30, 2026. 52.07% above its 12-month average of 13.47%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 20.48%.
TAX RATE
20.48%
TAX RATE AVG TTM
13.47%
TAX RATE AVG 3Y
19.51%
TAX RATE AVG 5Y
22.93%
TAX RATE AVG 10Y
12.30%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+52.07%
CURRENT VS 3Y AVG
+4.94%
CURRENT VS 5Y AVG
-10.71%
CURRENT VS 10Y AVG
+66.47%
CURRENT VS 15Y AVG
N/A
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 | 20.48% |
| 2026-03-31 | 19.95% |
| 2025-12-31 | -9.44% |
| 2025-06-30 | 22.87% |
| 2025-03-31 | 27.17% |
| 2024-09-30 | 22.25% |
| 2024-06-30 | 23.75% |
| 2024-03-31 | 15.84% |
| 2023-12-31 | 26.07% |
| 2023-09-30 | 19.85% |
| 2023-06-30 | 25.84% |
| 2023-03-31 | 17.15% |
| 2022-06-30 | 23.48% |
| 2022-03-31 | 33.41% |
| 2021-12-31 | -283.65% |
| 2021-06-30 | 0.00% |
| 2021-03-31 | 0.00% |
| 2020-12-31 | 6.52% |
| 2020-09-30 | 0.00% |
| 2020-06-30 | 0.00% |
| 2020-03-31 | 0.00% |
| 2019-09-30 | 0.00% |
| 2019-03-31 | 0.00% |
| 2017-06-30 | 0.00% |
| 2016-09-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | -87.50% |