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 in line with its 5-year average of 22.53%, near the high end of its 5-year range (9.56%–24.01%).
As of the fiscal period ended Tuesday, June 30, 2026. 13.86% above its 12-month average of 20.14%.
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
20.14%
TAX RATE AVG 3Y
22.52%
TAX RATE AVG 5Y
22.53%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+13.86%
CURRENT VS 3Y AVG
+1.83%
CURRENT VS 5Y AVG
+1.77%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
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 | 9.56% |
| 2025-12-31 | 21.46% |
| 2025-09-30 | 22.93% |
| 2025-06-30 | 23.81% |
| 2025-03-31 | 21.50% |
| 2024-12-31 | 19.11% |
| 2024-09-30 | 23.18% |
| 2024-06-30 | 23.18% |
| 2024-03-31 | 23.10% |
| 2023-12-31 | 17.98% |
| 2023-09-30 | 22.50% |
| 2023-06-30 | 23.98% |
| 2023-03-31 | 15.13% |
| 2022-12-31 | 21.66% |
| 2022-09-30 | 21.32% |
| 2022-06-30 | 24.01% |
| 2022-03-31 | 23.64% |
| 2021-12-31 | 23.99% |
| 2021-09-30 | 23.83% |
| 2021-06-30 | 23.98% |
| 2021-03-31 | 24.05% |
| 2020-12-31 | 27.88% |
| 2020-09-30 | 22.67% |
| 2020-06-30 | 20.26% |
| 2020-03-31 | 21.83% |