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 26.55% is in line with its 5-year average of 24.84%, around the middle of its 5-year range (6.63%–65.69%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.39% above its 12-month average of 25.19%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2026 (2026-06-30): 26.55%.
TAX RATE
26.55%
TAX RATE AVG TTM
25.19%
TAX RATE AVG 3Y
24.60%
TAX RATE AVG 5Y
24.84%
TAX RATE AVG 10Y
27.89%
TAX RATE AVG 15Y
28.54%
TAX RATE AVG 20Y
31.03%
CURRENT VS TTM AVG
+5.39%
CURRENT VS 3Y AVG
+7.94%
CURRENT VS 5Y AVG
+6.88%
CURRENT VS 10Y AVG
-4.80%
CURRENT VS 15Y AVG
-6.95%
CURRENT VS 20Y AVG
-14.43%
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 | 26.55% |
| 2026-03-31 | 24.28% |
| 2025-12-31 | 25.13% |
| 2025-09-30 | 26.36% |
| 2025-06-30 | 23.65% |
| 2025-03-31 | 26.22% |
| 2024-12-31 | 25.05% |
| 2024-09-30 | 42.11% |
| 2024-06-30 | 21.96% |
| 2024-03-31 | 25.03% |
| 2023-12-31 | 24.49% |
| 2023-09-30 | 21.88% |
| 2023-06-30 | 14.49% |
| 2022-12-31 | 31.62% |
| 2022-09-30 | 44.25% |
| 2022-06-30 | 6.63% |
| 2022-03-31 | 26.02% |
| 2021-12-31 | 26.35% |
| 2021-09-30 | 65.69% |
| 2021-03-31 | 21.61% |
| 2020-12-31 | 21.86% |
| 2019-12-31 | 58.69% |
| 2019-09-30 | 235.47% |
| 2019-06-30 | 2.83% |
| 2019-03-31 | 47.02% |
| 2018-09-30 | 87.80% |
| 2018-06-30 | 9.69% |
| 2018-03-31 | 33.12% |
| 2017-12-31 | 37.58% |
| 2017-09-30 | -32.28% |
| 2017-06-30 | 38.57% |
| 2017-03-31 | 39.83% |
| 2016-12-31 | 36.65% |
| 2016-06-30 | 27.20% |
| 2016-03-31 | 78.51% |
| 2015-12-31 | 33.96% |
| 2014-12-31 | 53.82% |
| 2014-09-30 | 23.87% |
| 2014-06-30 | 9.96% |
| 2014-03-31 | 14.02% |
| 2013-12-31 | 19.69% |
| 2013-06-30 | 35.43% |
| 2013-03-31 | 30.84% |
| 2012-12-31 | 32.99% |
| 2012-09-30 | 29.44% |
| 2012-06-30 | 29.12% |
| 2012-03-31 | 34.71% |
| 2011-12-31 | 33.85% |
| 2011-09-30 | 35.34% |
| 2011-06-30 | 34.75% |
| 2011-03-31 | 35.40% |
| 2010-12-31 | 35.51% |
| 2010-09-30 | 35.33% |
| 2010-06-30 | 36.90% |
| 2010-03-31 | 35.74% |
| 2009-12-31 | 35.45% |
| 2009-09-30 | 34.22% |
| 2009-06-30 | 34.40% |
| 2009-03-31 | 36.08% |
| 2008-12-31 | 35.22% |
| 2008-09-30 | 18.40% |
| 2008-06-30 | 37.70% |
| 2008-03-31 | 37.70% |
| 2007-12-31 | 37.70% |
| 2007-09-30 | 36.32% |
| 2007-06-30 | 37.00% |
| 2007-03-31 | 37.00% |
| 2006-12-31 | 37.00% |
| 2006-09-30 | 34.11% |
| 2006-06-30 | 36.40% |
| 2006-03-31 | 36.40% |
| 2005-12-31 | 36.40% |
| 2005-09-30 | 36.00% |
| 2005-06-30 | 35.99% |
| 2005-03-31 | 36.00% |
| 2004-12-31 | 36.00% |
| 2004-09-30 | 37.00% |
| 2004-06-30 | 66.93% |
| 2004-03-31 | 34.50% |
| 2003-12-31 | 34.50% |
| 2003-09-30 | -243.60% |
| 2003-06-30 | 34.57% |
| 2003-03-31 | 34.98% |
| 2002-12-31 | 35.01% |
| 2002-09-30 | 36.93% |