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 23.74% is in line with its 5-year average of 22.96%, near the low end of its 5-year range (15.33%–46.07%).
As of the fiscal period ended Tuesday, June 30, 2026. 16.34% below its 12-month average of 28.38%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2026 (2026-06-30): 23.74%.
TAX RATE
23.74%
TAX RATE AVG TTM
28.38%
TAX RATE AVG 3Y
25.69%
TAX RATE AVG 5Y
22.96%
TAX RATE AVG 10Y
22.58%
TAX RATE AVG 15Y
26.54%
TAX RATE AVG 20Y
23.52%
CURRENT VS TTM AVG
-16.34%
CURRENT VS 3Y AVG
-7.60%
CURRENT VS 5Y AVG
+3.40%
CURRENT VS 10Y AVG
+5.13%
CURRENT VS 15Y AVG
-10.54%
CURRENT VS 20Y AVG
+0.95%
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 | 23.74% |
| 2025-09-30 | 15.33% |
| 2025-06-30 | 46.07% |
| 2025-03-31 | 25.53% |
| 2023-09-30 | 17.40% |
| 2023-06-30 | 26.09% |
| 2023-03-31 | 22.30% |
| 2022-12-31 | 20.58% |
| 2022-09-30 | 22.71% |
| 2022-06-30 | 23.36% |
| 2022-03-31 | 23.37% |
| 2021-12-31 | 21.11% |
| 2021-09-30 | 21.74% |
| 2021-06-30 | 22.05% |
| 2021-03-31 | 20.44% |
| 2020-12-31 | 17.78% |
| 2020-09-30 | 20.49% |
| 2020-06-30 | 20.31% |
| 2020-03-31 | 20.26% |
| 2019-12-31 | 19.71% |
| 2019-09-30 | 21.32% |
| 2019-06-30 | 25.88% |
| 2019-03-31 | 21.20% |
| 2018-12-31 | 22.67% |
| 2018-09-30 | 29.61% |
| 2018-06-30 | 30.38% |
| 2017-12-31 | -27.43% |
| 2017-09-30 | 21.49% |
| 2017-06-30 | 42.47% |
| 2017-03-31 | 32.30% |
| 2016-12-31 | 29.50% |
| 2016-09-30 | 16.27% |
| 2016-06-30 | 34.85% |
| 2016-03-31 | 34.09% |
| 2015-12-31 | 31.29% |
| 2015-09-30 | 33.13% |
| 2015-06-30 | 34.38% |
| 2015-03-31 | 40.93% |
| 2014-12-31 | 34.89% |
| 2014-09-30 | 38.18% |
| 2014-06-30 | 37.64% |
| 2014-03-31 | 36.80% |
| 2013-12-31 | 35.90% |
| 2013-09-30 | 34.91% |
| 2013-06-30 | 36.91% |
| 2013-03-31 | 43.92% |
| 2012-12-31 | 40.17% |
| 2012-09-30 | -257.94% |
| 2012-06-30 | 3.57% |
| 2012-03-31 | 23.92% |
| 2011-12-31 | 4.65% |
| 2011-09-30 | -170.79% |
| 2011-06-30 | 3.44% |
| 2011-03-31 | 6.15% |
| 2010-12-31 | 6.61% |
| 2010-09-30 | 5.08% |
| 2010-06-30 | 4.49% |
| 2009-09-30 | -654.22% |
| 2009-06-30 | 5.95% |
| 2009-03-31 | 16.95% |
| 2008-12-31 | 13.94% |
| 2008-09-30 | 2.88% |
| 2008-06-30 | 8.25% |
| 2008-03-31 | 15.65% |
| 2007-12-31 | 21.72% |
| 2007-09-30 | 103.39% |
| 2006-03-31 | 176.56% |
