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 22.21% is in line with its 5-year average of 20.99%, around the middle of its 5-year range (12.74%–26.98%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.29% below its 12-month average of 22.27%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.21%.
TAX RATE
22.21%
TAX RATE AVG TTM
22.27%
TAX RATE AVG 3Y
22.32%
TAX RATE AVG 5Y
20.99%
TAX RATE AVG 10Y
19.98%
TAX RATE AVG 15Y
24.36%
TAX RATE AVG 20Y
26.77%
CURRENT VS TTM AVG
-0.29%
CURRENT VS 3Y AVG
-0.51%
CURRENT VS 5Y AVG
+5.79%
CURRENT VS 10Y AVG
+11.14%
CURRENT VS 15Y AVG
-8.83%
CURRENT VS 20Y AVG
-17.03%
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 | 22.21% |
| 2026-03-31 | 21.78% |
| 2025-12-31 | 23.70% |
| 2025-09-30 | 20.80% |
| 2025-06-30 | 22.87% |
| 2025-03-31 | 25.79% |
| 2024-12-31 | 17.62% |
| 2024-09-30 | 23.16% |
| 2024-06-30 | 20.92% |
| 2024-03-31 | 23.42% |
| 2023-12-31 | 26.98% |
| 2023-09-30 | 18.61% |
| 2023-06-30 | 12.74% |
| 2023-03-31 | 23.48% |
| 2022-12-31 | 13.28% |
| 2022-09-30 | 23.17% |
| 2022-06-30 | 24.25% |
| 2022-03-31 | 20.23% |
| 2021-12-31 | 21.40% |
| 2021-09-30 | 17.55% |
| 2021-06-30 | 16.88% |
| 2021-03-31 | 12.95% |
| 2020-12-31 | 23.12% |
| 2020-09-30 | 18.63% |
| 2020-06-30 | 11.51% |
| 2020-03-31 | 11.70% |
| 2019-12-31 | 14.17% |
| 2019-09-30 | 16.94% |
| 2019-06-30 | 32.62% |
| 2019-03-31 | 15.92% |
| 2018-12-31 | 15.62% |
| 2018-09-30 | 16.38% |
| 2018-06-30 | 12.51% |
| 2018-03-31 | 11.69% |
| 2017-12-31 | 51.24% |
| 2017-09-30 | 24.32% |
| 2017-06-30 | 24.96% |
| 2017-03-31 | 25.56% |
| 2016-12-31 | 31.28% |
| 2016-09-30 | 10.79% |
| 2016-06-30 | 27.73% |
| 2016-03-31 | 25.68% |
| 2015-12-31 | 38.17% |
| 2015-09-30 | 32.30% |
| 2015-06-30 | 31.62% |
| 2015-03-31 | 31.87% |
| 2014-12-31 | 17.74% |
| 2014-09-30 | -7.74% |
| 2014-06-30 | 31.44% |
| 2014-03-31 | 36.15% |
| 2013-12-31 | 23.11% |
| 2013-09-30 | 32.83% |
| 2013-06-30 | 33.84% |
| 2013-03-31 | 32.32% |
| 2012-12-31 | 33.55% |
| 2012-09-30 | 32.41% |
| 2012-06-30 | 32.41% |
| 2012-03-31 | 36.84% |
| 2011-12-31 | 35.93% |
| 2011-09-30 | 36.09% |
| 2011-06-30 | 36.78% |
| 2011-03-31 | 35.24% |
| 2010-12-31 | 34.25% |
| 2010-09-30 | 36.14% |
| 2010-06-30 | 38.11% |
| 2010-03-31 | 34.33% |
| 2009-12-31 | 36.53% |
| 2008-03-31 | 34.00% |
| 2007-12-31 | 37.20% |
| 2007-09-30 | 38.95% |
| 2007-06-30 | 39.08% |
| 2007-03-31 | 38.80% |
| 2006-12-31 | 38.92% |
| 2006-09-30 | 38.76% |
| 2006-06-30 | 38.82% |
| 2006-03-31 | 38.10% |
| 2005-12-31 | 37.24% |
| 2005-09-30 | 35.92% |
| 2005-06-30 | 36.38% |
| 2005-03-31 | 35.80% |
| 2004-12-31 | 36.69% |
| 2004-09-30 | 35.85% |
| 2004-06-30 | 34.97% |
| 2004-03-31 | 34.91% |
| 2003-12-31 | 33.17% |
| 2003-09-30 | 34.94% |
| 2003-06-30 | 34.27% |
| 2003-03-31 | 34.52% |
| 2002-12-31 | 29.52% |
| 2002-09-30 | 31.95% |
