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 22.93% is 11% above its 5-year average of 20.73%, near the high end of its 5-year range (-17.04%–26.79%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.88% above its 12-month average of 22.50%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.93%.
TAX RATE
22.93%
TAX RATE AVG TTM
22.50%
TAX RATE AVG 3Y
19.36%
TAX RATE AVG 5Y
20.73%
TAX RATE AVG 10Y
21.68%
TAX RATE AVG 15Y
20.33%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+1.88%
CURRENT VS 3Y AVG
+18.40%
CURRENT VS 5Y AVG
+10.61%
CURRENT VS 10Y AVG
+5.75%
CURRENT VS 15Y AVG
+12.74%
CURRENT VS 20Y AVG
N/A
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 | 22.93% |
| 2026-03-31 | 21.79% |
| 2025-12-31 | 22.21% |
| 2025-09-30 | 26.76% |
| 2025-06-30 | 18.83% |
| 2025-03-31 | 16.30% |
| 2024-12-31 | 7.27% |
| 2024-09-30 | 16.34% |
| 2024-06-30 | 20.35% |
| 2024-03-31 | 16.31% |
| 2023-12-31 | -17.04% |
| 2023-09-30 | 16.59% |
| 2023-06-30 | 14.58% |
| 2023-03-31 | 24.38% |
| 2022-12-31 | 17.85% |
| 2022-09-30 | 25.01% |
| 2022-06-30 | 26.36% |
| 2022-03-31 | 23.87% |
| 2021-12-31 | 26.79% |
| 2021-09-30 | 25.01% |
| 2021-06-30 | 24.99% |
| 2021-03-31 | 25.00% |
| 2020-12-31 | 24.79% |
| 2020-09-30 | 25.38% |
| 2020-06-30 | 26.10% |
| 2020-03-31 | 25.38% |
| 2019-12-31 | 29.10% |
| 2019-09-30 | 21.07% |
| 2019-06-30 | 19.37% |
| 2019-03-31 | 18.07% |
| 2018-12-31 | 8.49% |
| 2018-09-30 | 18.07% |
| 2018-06-30 | 18.02% |
| 2018-03-31 | 18.14% |
| 2017-12-31 | 62.96% |
| 2017-09-30 | 23.82% |
| 2017-06-30 | 30.24% |
| 2017-03-31 | 19.77% |
| 2016-12-31 | 30.40% |
| 2016-09-30 | 28.52% |
| 2016-06-30 | 21.20% |
| 2016-03-31 | 15.54% |
| 2015-12-31 | -8.23% |
| 2015-09-30 | 4.05% |
| 2015-06-30 | 17.84% |
| 2015-03-31 | 8.53% |
| 2014-09-30 | 6.14% |
| 2014-06-30 | -96.36% |
| 2014-03-31 | 6.09% |
| 2013-12-31 | 5.95% |
| 2013-09-30 | 5.12% |
| 2013-06-30 | -9.62% |
| 2013-03-31 | -226.26% |
| 2012-09-30 | 25.18% |
| 2012-06-30 | 19.65% |
| 2012-03-31 | 26.89% |
| 2011-12-31 | 30.63% |
| 2011-09-30 | 30.41% |
| 2011-06-30 | 30.25% |
| 2011-03-31 | 32.45% |
| 2010-12-31 | 30.45% |
| 2010-09-30 | 29.64% |
| 2010-06-30 | 26.34% |
| 2010-03-31 | 33.75% |
| 2009-12-31 | 30.00% |
| 2009-09-30 | 30.02% |
| 2009-06-30 | 30.06% |
| 2009-03-31 | 30.01% |
