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 25.81% is in line with its 5-year average of 27.08%, near the low end of its 5-year range (23.80%–34.97%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.06% above its 12-month average of 25.54%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 25.81%.
TAX RATE
25.81%
TAX RATE AVG TTM
25.54%
TAX RATE AVG 3Y
26.21%
TAX RATE AVG 5Y
27.08%
TAX RATE AVG 10Y
27.89%
TAX RATE AVG 15Y
30.84%
TAX RATE AVG 20Y
30.05%
CURRENT VS TTM AVG
+1.06%
CURRENT VS 3Y AVG
-1.56%
CURRENT VS 5Y AVG
-4.72%
CURRENT VS 10Y AVG
-7.47%
CURRENT VS 15Y AVG
-16.33%
CURRENT VS 20Y AVG
-14.13%
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 | 25.81% |
| 2026-03-31 | 25.60% |
| 2025-12-31 | 25.98% |
| 2025-09-30 | 23.80% |
| 2025-06-30 | 26.50% |
| 2025-03-31 | 26.50% |
| 2024-12-31 | 25.25% |
| 2024-09-30 | 24.25% |
| 2024-06-30 | 27.25% |
| 2024-03-31 | 27.25% |
| 2023-12-31 | 34.97% |
| 2023-09-30 | 28.20% |
| 2023-06-30 | 28.20% |
| 2023-03-31 | 28.20% |
| 2022-12-31 | 28.81% |
| 2022-09-30 | 28.10% |
| 2022-06-30 | 28.10% |
| 2022-03-31 | 28.10% |
| 2021-12-31 | 28.60% |
| 2021-09-30 | 28.60% |
| 2021-06-30 | 28.60% |
| 2021-03-31 | 28.60% |
| 2020-12-31 | 29.00% |
| 2020-09-30 | 29.00% |
| 2020-06-30 | 29.23% |
| 2020-03-31 | 28.75% |
| 2019-12-31 | 27.35% |
| 2019-09-30 | 29.00% |
| 2019-06-30 | 29.00% |
| 2019-03-31 | 29.00% |
| 2018-12-31 | 28.00% |
| 2018-09-30 | 28.00% |
| 2018-06-30 | 28.00% |
| 2018-03-31 | 28.00% |
| 2017-12-31 | 64.51% |
| 2017-09-30 | 38.89% |
| 2017-06-30 | 37.49% |
| 2017-03-31 | 36.00% |
| 2016-12-31 | 37.50% |
| 2016-09-30 | 38.44% |
| 2016-06-30 | 37.45% |
| 2016-03-31 | 36.50% |
| 2015-12-31 | 30.48% |
| 2015-09-30 | 36.75% |
| 2015-06-30 | 35.50% |
| 2015-03-31 | 35.50% |
| 2014-12-31 | 35.67% |
| 2014-09-30 | 35.67% |
| 2014-06-30 | 37.05% |
| 2014-03-31 | 36.00% |
| 2013-12-31 | 34.37% |
| 2013-09-30 | 34.43% |
| 2013-06-30 | 36.02% |
| 2013-03-31 | 29.21% |
| 2012-12-31 | 31.67% |
| 2012-09-30 | 25.04% |
| 2012-06-30 | 34.94% |
| 2012-03-31 | 33.82% |
| 2011-12-31 | 30.45% |
| 2011-09-30 | 35.38% |
| 2011-06-30 | 32.64% |
| 2011-03-31 | 30.00% |
| 2010-12-31 | 16.55% |
| 2010-09-30 | 27.47% |
| 2010-06-30 | 30.05% |
| 2010-03-31 | 29.94% |
| 2009-12-31 | 26.14% |
| 2009-09-30 | 28.60% |
| 2009-06-30 | 23.84% |
| 2009-03-31 | 27.85% |
| 2008-12-31 | 20.50% |
| 2008-09-30 | 28.23% |
| 2008-06-30 | 27.95% |
| 2008-03-31 | 27.00% |
| 2007-12-31 | 25.38% |
| 2007-09-30 | 27.88% |
| 2007-06-30 | 24.15% |
| 2007-03-31 | 30.42% |
| 2006-12-31 | 28.34% |
| 2006-09-30 | 32.39% |
| 2006-06-30 | 27.50% |
| 2006-03-31 | 34.47% |
| 2005-12-31 | 33.35% |
| 2005-09-30 | 34.21% |
| 2005-06-30 | 33.07% |
| 2005-03-31 | 35.21% |
| 2004-12-31 | 22.79% |
| 2004-09-30 | 33.67% |
| 2004-06-30 | 35.16% |
| 2004-03-31 | 32.13% |
| 2003-12-31 | 34.82% |
| 2003-09-30 | 33.45% |
| 2003-06-30 | 34.69% |
| 2003-03-31 | 37.69% |
| 2002-12-31 | 35.36% |
| 2002-09-30 | 34.08% |
