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 42.85% is 90% above its 5-year average of 22.59%, near the high end of its 5-year range (-483.42%–163.68%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.24% above its 12-month average of 39.23%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 42.85%.
TAX RATE
42.85%
TAX RATE AVG TTM
39.23%
TAX RATE AVG 3Y
-11.79%
TAX RATE AVG 5Y
22.59%
TAX RATE AVG 10Y
15.83%
TAX RATE AVG 15Y
25.66%
TAX RATE AVG 20Y
31.51%
CURRENT VS TTM AVG
+9.24%
CURRENT VS 3Y AVG
+463.38%
CURRENT VS 5Y AVG
+89.71%
CURRENT VS 10Y AVG
+170.77%
CURRENT VS 15Y AVG
+67.01%
CURRENT VS 20Y AVG
+36.02%
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 | 42.85% |
| 2026-03-31 | -5.74% |
| 2025-12-31 | 64.83% |
| 2025-09-30 | 39.40% |
| 2025-06-30 | 54.81% |
| 2024-12-31 | 163.68% |
| 2024-09-30 | -483.42% |
| 2024-06-30 | 10.94% |
| 2024-03-31 | 6.16% |
| 2023-09-30 | -37.12% |
| 2023-06-30 | 13.88% |
| 2022-06-30 | 29.35% |
| 2021-09-30 | 23.18% |
| 2021-06-30 | 28.52% |
| 2020-12-31 | -6.69% |
| 2020-09-30 | -484.56% |
| 2020-06-30 | 23.17% |
| 2019-09-30 | 1.64% |
| 2019-06-30 | 14.98% |
| 2019-03-31 | 14.74% |
| 2018-09-30 | -5.21% |
| 2018-06-30 | 11.99% |
| 2017-12-31 | 91.79% |
| 2017-09-30 | -6.90% |
| 2017-06-30 | 13.58% |
| 2015-12-31 | 35.19% |
| 2015-06-30 | 31.46% |
| 2015-03-31 | 35.71% |
| 2014-12-31 | 37.48% |
| 2014-09-30 | 34.20% |
| 2014-06-30 | 33.00% |
| 2014-03-31 | 31.42% |
| 2013-12-31 | 37.03% |
| 2013-09-30 | 30.16% |
| 2013-06-30 | 34.81% |
| 2013-03-31 | 33.29% |
| 2012-12-31 | 38.73% |
| 2012-09-30 | 35.44% |
| 2012-03-31 | 33.90% |
| 2011-12-31 | 36.00% |
| 2011-09-30 | 31.70% |
| 2011-06-30 | 30.41% |
| 2011-03-31 | 31.00% |
| 2010-12-31 | 41.21% |
| 2010-09-30 | 35.53% |
| 2010-06-30 | 36.06% |
| 2010-03-31 | 34.20% |
| 2009-12-31 | 40.66% |
| 2009-09-30 | 37.57% |
| 2009-06-30 | 38.11% |
| 2009-03-31 | 36.64% |
| 2008-12-31 | 33.94% |
| 2008-09-30 | 35.94% |
| 2008-06-30 | 37.03% |
| 2008-03-31 | 36.12% |
| 2007-12-31 | 35.75% |
| 2007-09-30 | 22.82% |
| 2007-06-30 | 35.45% |
| 2007-03-31 | 35.92% |
| 2006-12-31 | 34.14% |
| 2006-09-30 | 32.22% |
| 2006-06-30 | 28.97% |
| 2006-03-31 | 34.42% |
| 2005-12-31 | 10.60% |
| 2005-09-30 | 31.47% |
| 2005-06-30 | 34.59% |
| 2005-03-31 | 30.76% |
| 2004-09-30 | 36.13% |
| 2004-06-30 | 40.05% |
| 2003-09-30 | 38.71% |
| 2003-06-30 | 39.03% |
| 2003-03-31 | 40.19% |
