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 22.71% is in line with its 5-year average of 22.99%, around the middle of its 5-year range (8.82%–36.72%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.45% below its 12-month average of 24.02%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.71%.
TAX RATE
22.71%
TAX RATE AVG TTM
24.02%
TAX RATE AVG 3Y
24.00%
TAX RATE AVG 5Y
22.99%
TAX RATE AVG 10Y
23.55%
TAX RATE AVG 15Y
25.53%
TAX RATE AVG 20Y
27.83%
CURRENT VS TTM AVG
-5.45%
CURRENT VS 3Y AVG
-5.39%
CURRENT VS 5Y AVG
-1.22%
CURRENT VS 10Y AVG
-3.57%
CURRENT VS 15Y AVG
-11.04%
CURRENT VS 20Y AVG
-18.40%
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 | 22.71% |
| 2026-03-31 | 23.60% |
| 2025-12-31 | 26.03% |
| 2025-09-30 | 21.97% |
| 2025-06-30 | 25.78% |
| 2025-03-31 | 23.84% |
| 2024-12-31 | 36.72% |
| 2024-09-30 | 23.94% |
| 2024-06-30 | 23.75% |
| 2024-03-31 | 23.75% |
| 2023-12-31 | 26.39% |
| 2023-09-30 | 16.59% |
| 2023-06-30 | 22.26% |
| 2022-12-31 | 24.76% |
| 2022-10-01 | 8.82% |
| 2022-07-09 | 21.97% |
| 2022-03-19 | 21.77% |
| 2021-12-31 | 18.45% |
| 2021-10-02 | 18.56% |
| 2021-07-10 | 21.26% |
| 2021-03-20 | 21.47% |
| 2020-12-31 | 25.75% |
| 2020-10-03 | 20.49% |
| 2020-07-11 | 19.60% |
| 2020-03-21 | 19.58% |
| 2019-12-31 | 25.43% |
| 2019-10-05 | 9.48% |
| 2019-07-13 | 19.93% |
| 2019-03-23 | 19.58% |
| 2018-12-31 | 28.16% |
| 2018-10-06 | 29.98% |
| 2018-07-14 | 18.78% |
| 2018-03-24 | 18.44% |
| 2017-12-31 | -28.25% |
| 2017-10-07 | 31.28% |
| 2017-07-15 | 32.97% |
| 2017-03-25 | 31.86% |
| 2016-12-31 | 22.07% |
| 2016-10-01 | 25.90% |
| 2016-07-09 | 29.15% |
| 2016-03-19 | 29.93% |
| 2015-12-31 | 14.43% |
| 2015-10-03 | 29.41% |
| 2015-07-11 | 29.05% |
| 2015-03-21 | 28.91% |
| 2014-12-31 | 29.17% |
| 2014-10-04 | 36.02% |
| 2014-07-12 | 31.53% |
| 2014-03-22 | 36.89% |
| 2013-12-31 | 36.29% |
| 2013-10-05 | 37.18% |
| 2013-07-13 | 48.24% |
| 2013-03-23 | 42.88% |
| 2012-12-31 | 1.24% |
| 2012-07-14 | 60.28% |
| 2012-03-24 | 42.90% |
| 2011-12-31 | -20.17% |
| 2011-10-01 | 508.60% |
| 2011-07-09 | 50.53% |
| 2011-03-19 | 40.00% |
| 2010-12-31 | 2.37% |
| 2010-10-02 | 51.39% |
| 2010-07-10 | 39.57% |
| 2010-03-20 | 38.64% |
| 2009-12-31 | 29.62% |
| 2009-10-03 | 34.81% |
| 2009-07-11 | 52.03% |
| 2007-12-31 | 19.93% |
| 2007-10-06 | 47.58% |
| 2007-06-30 | 33.21% |
| 2007-03-24 | 19.69% |
| 2006-12-31 | -13.48% |
| 2006-10-07 | 36.85% |
| 2006-07-15 | 47.27% |
| 2006-03-25 | 32.74% |
| 2005-12-31 | 44.86% |
| 2005-10-01 | 34.74% |
| 2005-07-09 | 36.78% |
| 2005-03-19 | 32.40% |
| 2004-12-31 | 69.44% |
| 2004-10-02 | 34.02% |
| 2004-07-10 | 35.95% |
| 2004-03-20 | 46.08% |
| 2003-12-31 | 25.33% |
| 2003-10-04 | 31.18% |
| 2003-07-12 | 38.30% |
| 2003-03-22 | 30.77% |
| 2002-12-31 | 31.44% |
| 2002-10-05 | 36.01% |
