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 24.36% is in line with its 5-year average of 25.24%, around the middle of its 5-year range (19.33%–30.07%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.90% above its 12-month average of 23.45%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 24.36%.
TAX RATE
24.36%
TAX RATE AVG TTM
23.45%
TAX RATE AVG 3Y
25.37%
TAX RATE AVG 5Y
25.24%
TAX RATE AVG 10Y
25.08%
TAX RATE AVG 15Y
29.41%
TAX RATE AVG 20Y
30.00%
CURRENT VS TTM AVG
+3.90%
CURRENT VS 3Y AVG
-3.96%
CURRENT VS 5Y AVG
-3.49%
CURRENT VS 10Y AVG
-2.85%
CURRENT VS 15Y AVG
-17.15%
CURRENT VS 20Y AVG
-18.78%
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 | 24.36% |
| 2026-03-31 | 24.71% |
| 2025-12-31 | 23.76% |
| 2025-09-30 | 19.33% |
| 2025-06-30 | 25.09% |
| 2025-03-31 | 30.07% |
| 2024-12-31 | 25.51% |
| 2024-09-30 | 25.51% |
| 2024-06-30 | 25.42% |
| 2024-03-31 | 26.61% |
| 2023-12-31 | 26.39% |
| 2023-09-30 | 26.16% |
| 2023-06-30 | 25.52% |
| 2022-12-31 | 26.21% |
| 2022-09-30 | 24.64% |
| 2022-06-30 | 25.25% |
| 2022-03-31 | 24.97% |
| 2021-12-31 | 24.58% |
| 2021-09-30 | 24.93% |
| 2021-06-30 | 24.79% |
| 2021-03-31 | 24.47% |
| 2020-12-31 | -2.17% |
| 2020-09-30 | 21.28% |
| 2020-06-30 | 10.28% |
| 2019-12-31 | 24.46% |
| 2019-09-30 | 23.64% |
| 2019-06-30 | 25.07% |
| 2019-03-31 | 24.57% |
| 2018-12-31 | 25.98% |
| 2018-09-30 | 25.88% |
| 2018-06-30 | 24.71% |
| 2018-03-31 | 23.90% |
| 2017-12-31 | 4.08% |
| 2017-09-30 | 35.91% |
| 2017-06-30 | 35.84% |
| 2017-03-31 | 36.60% |
| 2016-12-31 | 36.89% |
| 2016-09-30 | 35.83% |
| 2016-06-30 | 35.95% |
| 2016-03-31 | 36.44% |
| 2015-12-31 | 36.17% |
| 2015-09-30 | 35.45% |
| 2015-06-30 | 35.85% |
| 2015-03-31 | 36.11% |
| 2014-12-31 | 35.72% |
| 2014-09-30 | 35.29% |
| 2014-06-30 | 39.30% |
| 2014-03-31 | 34.76% |
| 2013-12-31 | 35.24% |
| 2013-09-30 | 35.23% |
| 2013-06-30 | 35.24% |
| 2013-03-31 | 33.67% |
| 2012-12-31 | 34.61% |
| 2012-09-30 | 35.07% |
| 2012-06-30 | 33.41% |
| 2012-03-31 | 34.20% |
| 2011-12-31 | 33.40% |
| 2011-09-30 | 32.90% |
| 2011-06-30 | 33.06% |
| 2011-03-31 | 32.62% |
| 2010-12-31 | 32.83% |
| 2010-09-30 | 21.13% |
| 2010-06-30 | 44.71% |
| 2010-03-31 | -66.22% |
| 2008-12-31 | 32.40% |
| 2008-09-30 | 24.60% |
| 2008-06-30 | 27.91% |
| 2008-03-31 | 33.31% |
| 2007-12-31 | 25.41% |
| 2007-09-30 | 31.03% |
| 2007-06-30 | 35.53% |
| 2007-03-31 | 35.79% |
| 2006-12-31 | 35.84% |
| 2006-09-30 | 33.24% |
| 2006-06-30 | 37.21% |
| 2006-03-31 | 36.58% |
| 2005-12-31 | 32.51% |
| 2005-09-30 | 34.68% |
| 2005-06-30 | 36.45% |
| 2005-03-31 | 37.47% |
| 2004-12-31 | 35.81% |
| 2004-09-30 | 32.77% |
| 2004-06-30 | 36.50% |
| 2004-03-31 | 35.11% |
| 2003-12-31 | 33.93% |
| 2003-09-30 | 34.94% |
| 2003-06-30 | 35.26% |
| 2003-03-31 | 35.91% |
| 2002-12-31 | 36.83% |
| 2002-09-30 | 33.20% |
