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 40.98% is 45% above its 5-year average of 28.32%, around the middle of its 5-year range (-652.26%–726.96%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.35% below its 12-month average of 42.84%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 40.98%.
TAX RATE
40.98%
TAX RATE AVG TTM
42.84%
TAX RATE AVG 3Y
32.38%
TAX RATE AVG 5Y
28.32%
TAX RATE AVG 10Y
25.54%
TAX RATE AVG 15Y
24.47%
TAX RATE AVG 20Y
32.01%
CURRENT VS TTM AVG
-4.35%
CURRENT VS 3Y AVG
+26.53%
CURRENT VS 5Y AVG
+44.69%
CURRENT VS 10Y AVG
+60.46%
CURRENT VS 15Y AVG
+67.47%
CURRENT VS 20Y AVG
+28.00%
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 | 40.98% |
| 2026-03-31 | 49.54% |
| 2025-09-30 | 23.02% |
| 2025-06-30 | 57.82% |
| 2025-03-31 | 40.86% |
| 2024-12-31 | 726.96% |
| 2024-09-30 | -652.26% |
| 2024-06-30 | -10.49% |
| 2023-06-30 | 15.03% |
| 2023-03-31 | 26.34% |
| 2022-09-30 | 33.89% |
| 2022-03-31 | 26.25% |
| 2021-09-30 | 14.82% |
| 2021-06-30 | 21.80% |
| 2021-03-31 | 25.99% |
| 2020-09-30 | 29.75% |
| 2020-06-30 | 38.59% |
| 2020-03-31 | 28.02% |
| 2019-09-30 | 24.16% |
| 2019-06-30 | 28.03% |
| 2019-03-31 | 28.75% |
| 2018-12-31 | 7.57% |
| 2018-06-30 | 29.23% |
| 2018-03-31 | 34.39% |
| 2017-09-30 | 26.61% |
| 2017-06-30 | 4.43% |
| 2017-03-31 | -1.66% |
| 2016-09-30 | 20.24% |
| 2016-06-30 | -36.51% |
| 2016-03-31 | 9.68% |
| 2015-09-30 | 9.26% |
| 2015-06-30 | 6.37% |
| 2014-09-30 | 27.44% |
| 2014-06-30 | 28.17% |
| 2013-09-30 | 62.35% |
| 2012-12-31 | 29.64% |
| 2011-06-30 | 31.31% |
| 2011-03-31 | 36.90% |
| 2010-12-31 | 90.21% |
| 2010-09-30 | 30.59% |
| 2010-06-30 | 43.10% |
| 2010-03-31 | 48.70% |
| 2009-09-30 | 46.59% |
| 2009-06-30 | 40.92% |
| 2008-09-30 | 44.90% |
| 2008-03-31 | 42.19% |
| 2007-12-31 | 38.84% |
| 2007-09-30 | 53.90% |
| 2007-03-31 | 42.95% |
| 2006-12-31 | 67.81% |
| 2006-09-30 | 47.37% |
| 2006-06-30 | 41.16% |
| 2006-03-31 | 40.01% |
| 2005-12-31 | 40.84% |
| 2005-09-30 | 40.35% |
| 2005-06-30 | 41.84% |
| 2005-03-31 | 42.28% |
| 2004-12-31 | 22.21% |
| 2004-09-30 | 38.26% |
| 2004-06-30 | 39.07% |
| 2004-03-31 | 38.01% |
| 2003-12-31 | 3.56% |
| 2003-09-30 | 41.72% |
| 2003-06-30 | 38.24% |
| 2003-03-31 | 43.24% |
| 2002-12-31 | 92.36% |
| 2002-09-30 | 43.29% |
