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 35.29% is 14% above its 5-year average of 30.94%, near the low end of its 5-year range (18.66%–134.46%).
As of the fiscal period ended Tuesday, June 30, 2026. 13.62% above its 12-month average of 31.06%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 35.29%.
TAX RATE
35.29%
TAX RATE AVG TTM
31.06%
TAX RATE AVG 3Y
30.43%
TAX RATE AVG 5Y
30.94%
TAX RATE AVG 10Y
31.50%
TAX RATE AVG 15Y
31.72%
TAX RATE AVG 20Y
32.94%
CURRENT VS TTM AVG
+13.62%
CURRENT VS 3Y AVG
+15.95%
CURRENT VS 5Y AVG
+14.04%
CURRENT VS 10Y AVG
+12.03%
CURRENT VS 15Y AVG
+11.24%
CURRENT VS 20Y AVG
+7.11%
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 | 35.29% |
| 2026-03-31 | 42.59% |
| 2025-12-31 | 26.42% |
| 2025-09-30 | 22.69% |
| 2025-06-30 | 28.30% |
| 2025-03-31 | 34.57% |
| 2024-12-31 | 18.66% |
| 2024-09-30 | 23.35% |
| 2024-06-30 | 25.31% |
| 2024-03-31 | 41.36% |
| 2023-12-31 | 26.96% |
| 2023-09-30 | 38.12% |
| 2023-06-30 | 32.01% |
| 2023-03-31 | 134.46% |
| 2022-12-31 | 28.73% |
| 2022-09-30 | 36.05% |
| 2022-06-30 | 30.01% |
| 2022-03-31 | 43.37% |
| 2021-12-31 | 27.07% |
| 2021-09-30 | 27.10% |
| 2021-03-31 | 26.29% |
| 2020-12-31 | 31.68% |
| 2020-09-30 | 26.85% |
| 2020-06-30 | 24.70% |
| 2020-03-31 | 44.60% |
| 2019-12-31 | 27.50% |
| 2019-09-30 | 30.98% |
| 2019-06-30 | 27.04% |
| 2019-03-31 | 18.19% |
| 2018-12-31 | 27.86% |
| 2018-09-30 | 28.78% |
| 2018-06-30 | 30.86% |
| 2018-03-31 | 35.57% |
| 2017-12-31 | 46.44% |
| 2017-09-30 | 35.21% |
| 2017-06-30 | 33.02% |
| 2017-03-31 | 39.92% |
| 2016-12-31 | 32.01% |
| 2016-09-30 | 37.88% |
| 2016-06-30 | 35.12% |
| 2016-03-31 | 43.24% |
| 2015-12-31 | 32.35% |
| 2015-09-30 | 33.38% |
| 2015-03-31 | -1.87% |
| 2014-12-31 | 22.00% |
| 2014-09-30 | 28.99% |
| 2014-06-30 | 28.08% |
| 2014-03-31 | 42.08% |
| 2013-12-31 | 36.27% |
| 2013-09-30 | 22.91% |
| 2013-06-30 | 22.60% |
| 2012-12-31 | 33.99% |
| 2012-09-30 | 27.46% |
| 2012-06-30 | 30.95% |
| 2011-12-31 | -256.06% |
| 2011-09-30 | 48.60% |
| 2011-06-30 | 52.41% |
| 2011-03-31 | 140.76% |
| 2010-12-31 | 32.09% |
| 2010-09-30 | 46.51% |
| 2010-06-30 | 43.23% |
| 2010-03-31 | -3.32% |
| 2009-12-31 | 47.39% |
| 2009-09-30 | 41.92% |
| 2009-06-30 | 50.07% |
| 2008-09-30 | 30.97% |
| 2008-06-30 | 28.42% |
| 2007-12-31 | 22.58% |
| 2007-09-30 | 32.96% |
| 2007-06-30 | 33.03% |
| 2007-03-31 | -25.56% |
| 2006-12-31 | 29.76% |
| 2006-09-30 | 33.20% |
| 2006-06-30 | 34.36% |
| 2005-12-31 | 37.81% |
| 2005-09-30 | 51.56% |
| 2005-06-30 | 38.44% |
| 2005-03-31 | -46.18% |
| 2004-12-31 | 29.00% |
| 2004-09-30 | 29.03% |
| 2004-06-30 | 32.69% |
| 2004-03-31 | 16.04% |
| 2003-12-31 | 29.84% |
| 2003-09-30 | 30.50% |
| 2003-06-30 | 30.50% |
| 2002-12-31 | 38.47% |
| 2002-09-30 | 32.98% |
| 2002-06-30 | 36.60% |
