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 27.16% is in line with its 5-year average of 26.98%, near the high end of its 5-year range (23.71%–28.49%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.60% above its 12-month average of 26.47%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 27.16%.
TAX RATE
27.16%
TAX RATE AVG TTM
26.47%
TAX RATE AVG 3Y
26.75%
TAX RATE AVG 5Y
26.98%
TAX RATE AVG 10Y
27.15%
TAX RATE AVG 15Y
32.17%
TAX RATE AVG 20Y
33.65%
CURRENT VS TTM AVG
+2.60%
CURRENT VS 3Y AVG
+1.55%
CURRENT VS 5Y AVG
+0.66%
CURRENT VS 10Y AVG
+0.05%
CURRENT VS 15Y AVG
-15.55%
CURRENT VS 20Y AVG
-19.29%
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 | 27.16% |
| 2026-03-31 | 26.98% |
| 2025-12-31 | 23.75% |
| 2025-09-30 | 27.14% |
| 2025-06-30 | 27.33% |
| 2025-03-31 | 27.12% |
| 2024-12-31 | 24.13% |
| 2024-09-30 | 26.02% |
| 2024-06-30 | 26.45% |
| 2024-03-31 | 27.05% |
| 2023-12-31 | 25.82% |
| 2023-09-30 | 26.25% |
| 2023-06-30 | 26.90% |
| 2023-03-31 | 26.83% |
| 2022-12-31 | 23.71% |
| 2022-09-30 | 27.59% |
| 2022-06-30 | 26.99% |
| 2022-03-31 | 27.68% |
| 2021-12-31 | 28.49% |
| 2021-09-30 | 26.65% |
| 2021-06-30 | 27.28% |
| 2021-03-31 | 27.84% |
| 2020-12-31 | 21.66% |
| 2020-09-30 | 19.61% |
| 2020-06-30 | 27.85% |
| 2020-03-31 | 28.18% |
| 2019-12-31 | 26.45% |
| 2019-09-30 | 27.37% |
| 2019-06-30 | 27.19% |
| 2019-03-31 | 27.72% |
| 2018-12-31 | 26.25% |
| 2018-09-30 | 27.79% |
| 2018-06-30 | 27.47% |
| 2018-03-31 | 27.51% |
| 2017-12-31 | 5.69% |
| 2017-09-30 | 39.64% |
| 2017-06-30 | 39.49% |
| 2017-03-31 | 35.21% |
| 2016-12-31 | 40.62% |
| 2016-09-30 | 39.37% |
| 2016-06-30 | 40.67% |
| 2016-03-31 | 40.18% |
| 2015-12-31 | 40.48% |
| 2015-09-30 | 40.45% |
| 2015-06-30 | 40.62% |
| 2015-03-31 | 39.46% |
| 2014-12-31 | 40.50% |
| 2014-09-30 | 40.25% |
| 2014-06-30 | 40.40% |
| 2014-03-31 | 39.24% |
| 2013-12-31 | 39.86% |
| 2013-09-30 | 39.39% |
| 2013-06-30 | 40.31% |
| 2013-03-31 | 39.47% |
| 2012-12-31 | 39.35% |
| 2012-09-30 | 39.02% |
| 2012-06-30 | 39.44% |
| 2012-03-31 | 39.65% |
| 2011-12-31 | 36.49% |
| 2011-09-30 | 40.67% |
| 2011-06-30 | 39.49% |
| 2011-03-31 | 40.50% |
| 2010-12-31 | 40.43% |
| 2010-09-30 | 39.55% |
| 2010-06-30 | 40.35% |
| 2010-03-31 | 41.39% |
| 2009-12-31 | 39.75% |
| 2009-09-30 | 43.07% |
| 2008-09-30 | 36.72% |
| 2008-06-30 | 41.38% |
| 2008-03-31 | 35.03% |
| 2007-12-31 | 37.79% |
| 2007-09-30 | 35.59% |
| 2007-06-30 | 36.45% |
| 2007-03-31 | 40.77% |
| 2006-12-31 | 39.33% |
| 2006-09-30 | 31.93% |
| 2006-06-30 | 41.38% |
| 2006-03-31 | 41.95% |
| 2005-12-31 | 96.64% |
| 2005-09-30 | 43.94% |
| 2005-06-30 | 43.13% |
| 2005-03-31 | 41.52% |
| 2004-12-31 | 26.25% |
| 2004-09-30 | 37.98% |
| 2004-06-30 | 38.00% |
| 2004-03-31 | 38.01% |
| 2003-12-31 | 40.02% |
| 2003-09-30 | 39.85% |
| 2003-06-30 | 39.53% |
| 2003-03-31 | 38.88% |
| 2002-12-31 | 32.85% |
| 2002-09-30 | 39.13% |
