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 31.00% is in line with its 5-year average of 28.33%, near the high end of its 5-year range (22.21%–31.00%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.02% above its 12-month average of 30.99%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 31.00%.
TAX RATE
31.00%
TAX RATE AVG TTM
30.99%
TAX RATE AVG 3Y
30.59%
TAX RATE AVG 5Y
28.33%
TAX RATE AVG 10Y
32.12%
TAX RATE AVG 15Y
35.02%
TAX RATE AVG 20Y
35.86%
CURRENT VS TTM AVG
+0.02%
CURRENT VS 3Y AVG
+1.33%
CURRENT VS 5Y AVG
+9.43%
CURRENT VS 10Y AVG
-3.49%
CURRENT VS 15Y AVG
-11.46%
CURRENT VS 20Y AVG
-13.55%
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 | 31.00% |
| 2026-03-31 | 31.00% |
| 2025-12-31 | 30.98% |
| 2025-09-30 | 30.99% |
| 2025-06-30 | 31.00% |
| 2025-03-31 | 30.99% |
| 2024-12-31 | 30.01% |
| 2024-09-30 | 30.00% |
| 2024-06-30 | 29.98% |
| 2024-03-31 | 30.00% |
| 2023-12-31 | 26.99% |
| 2023-09-30 | 27.00% |
| 2023-06-30 | 24.99% |
| 2023-03-31 | 25.00% |
| 2022-12-31 | 22.78% |
| 2022-09-30 | 26.00% |
| 2022-06-30 | 26.00% |
| 2022-03-31 | 28.00% |
| 2021-12-31 | 22.21% |
| 2021-09-30 | 30.00% |
| 2021-06-30 | 30.00% |
| 2021-03-31 | 34.99% |
| 2020-12-31 | 35.99% |
| 2020-09-30 | 36.02% |
| 2020-06-30 | 35.99% |
| 2020-03-31 | -246.79% |
| 2019-12-31 | 96.73% |
| 2019-09-30 | 35.03% |
| 2019-06-30 | 35.02% |
| 2019-03-31 | 35.01% |
| 2018-12-31 | -11.87% |
| 2018-09-30 | 32.04% |
| 2018-06-30 | 31.99% |
| 2018-03-31 | 30.99% |
| 2017-12-31 | 221.10% |
| 2017-09-30 | 42.50% |
| 2017-06-30 | 42.51% |
| 2017-03-31 | 42.51% |
| 2016-12-31 | 40.99% |
| 2016-09-30 | 41.00% |
| 2016-06-30 | 41.00% |
| 2016-03-31 | 41.01% |
| 2015-12-31 | 43.18% |
| 2015-09-30 | 43.49% |
| 2015-06-30 | 43.84% |
| 2015-03-31 | 43.50% |
| 2014-12-31 | 44.17% |
| 2014-09-30 | 43.67% |
| 2014-06-30 | 43.01% |
| 2014-03-31 | 43.00% |
| 2013-12-31 | 43.48% |
| 2013-09-30 | 44.38% |
| 2013-06-30 | 43.54% |
| 2013-03-31 | 42.02% |
| 2012-10-29 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-04-20 | 0.00% |
| 2011-12-31 | 0.00% |
| 2008-06-30 | 45.04% |
| 2008-03-31 | 43.99% |
| 2007-12-31 | 42.01% |
| 2007-09-30 | 42.00% |
| 2007-06-30 | 44.08% |
| 2007-03-31 | 40.28% |
| 2003-06-30 | 15.64% |
| 2003-03-31 | -166.69% |
| 2002-12-31 | 41.59% |
| 2002-09-30 | 41.96% |
