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 27.97% is in line with its 5-year average of 26.35%, near the high end of its 5-year range (23.00%–28.43%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.39% above its 12-month average of 27.59%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 27.97%.
TAX RATE
27.97%
TAX RATE AVG TTM
27.59%
TAX RATE AVG 3Y
26.09%
TAX RATE AVG 5Y
26.35%
TAX RATE AVG 10Y
25.63%
TAX RATE AVG 15Y
26.97%
TAX RATE AVG 20Y
26.67%
CURRENT VS TTM AVG
+1.39%
CURRENT VS 3Y AVG
+7.22%
CURRENT VS 5Y AVG
+6.14%
CURRENT VS 10Y AVG
+9.14%
CURRENT VS 15Y AVG
+3.73%
CURRENT VS 20Y AVG
+4.87%
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 | 27.97% |
| 2026-03-31 | 28.00% |
| 2025-12-31 | 25.95% |
| 2025-09-30 | 28.43% |
| 2025-03-31 | 26.13% |
| 2024-12-31 | 23.00% |
| 2024-09-30 | 25.98% |
| 2024-06-30 | 25.98% |
| 2024-03-31 | 25.46% |
| 2023-12-31 | 24.38% |
| 2023-09-30 | 25.24% |
| 2023-06-30 | 25.80% |
| 2023-03-31 | 26.69% |
| 2022-12-31 | 27.50% |
| 2022-09-30 | 26.50% |
| 2022-06-30 | 26.87% |
| 2022-03-31 | 26.56% |
| 2021-12-31 | 27.13% |
| 2021-09-30 | 25.32% |
| 2021-06-30 | 24.85% |
| 2021-03-31 | 24.78% |
| 2020-12-31 | 23.26% |
| 2020-09-30 | 23.86% |
| 2020-06-30 | 14.50% |
| 2020-03-31 | 14.79% |
| 2019-12-31 | 22.97% |
| 2019-09-30 | 22.89% |
| 2019-06-30 | 22.20% |
| 2019-03-31 | 17.65% |
| 2018-12-31 | 16.31% |
| 2018-09-30 | 9.55% |
| 2018-06-30 | 20.78% |
| 2018-03-31 | 9.46% |
| 2017-12-31 | 54.53% |
| 2017-09-30 | 30.01% |
| 2017-06-30 | 21.36% |
| 2017-03-31 | 29.26% |
| 2016-09-30 | 31.46% |
| 2016-06-30 | 31.54% |
| 2016-03-31 | 31.50% |
| 2015-12-31 | 32.55% |
| 2015-09-30 | 32.53% |
| 2015-06-30 | 32.51% |
| 2015-03-31 | 32.56% |
| 2014-12-31 | 38.37% |
| 2014-09-30 | 12.53% |
| 2014-06-30 | 31.21% |
| 2014-03-31 | 26.82% |
| 2013-12-31 | 26.85% |
| 2013-09-30 | 27.85% |
| 2013-06-30 | 28.23% |
| 2013-03-31 | 26.25% |
| 2012-12-31 | 27.27% |
| 2012-09-30 | 26.82% |
| 2012-06-30 | 33.71% |
| 2012-03-31 | 33.75% |
| 2011-12-31 | 34.22% |
| 2011-09-30 | 33.70% |
| 2011-06-30 | 35.05% |
| 2011-03-31 | 36.18% |
| 2010-12-31 | -56.80% |
| 2010-09-30 | 43.23% |
| 2010-06-30 | 34.82% |
| 2009-12-31 | -0.19% |
| 2009-09-30 | 32.85% |
| 2009-06-30 | 29.68% |
| 2009-03-31 | 21.90% |
| 2008-12-31 | 24.79% |
| 2008-09-30 | 18.56% |
| 2008-06-30 | 23.31% |
| 2008-03-31 | 16.07% |
| 2007-09-30 | -370.75% |
| 2007-06-30 | -313.41% |
| 2007-03-31 | -117.08% |
| 2006-12-31 | -284.40% |
| 2006-09-30 | -6.37% |
| 2006-06-30 | 3.04% |
| 2005-12-31 | 6.76% |
| 2005-09-30 | 19.01% |
| 2005-06-30 | 17.39% |
| 2005-03-31 | 8.35% |
| 2004-12-31 | 15.74% |
| 2004-09-30 | 18.47% |
| 2004-06-30 | 19.40% |
| 2004-03-31 | 16.71% |
| 2003-12-31 | 13.85% |
| 2003-09-30 | -12.39% |
| 2003-06-30 | 21.47% |
| 2003-03-31 | 27.61% |
| 2002-12-31 | 30.26% |
| 2002-09-30 | 32.17% |
