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 26.24% is in line with its 5-year average of 26.38%, near the high end of its 5-year range (-7.66%–40.03%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.92% below its 12-month average of 27.02%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 26.24%.
TAX RATE
26.24%
TAX RATE AVG TTM
27.02%
TAX RATE AVG 3Y
26.43%
TAX RATE AVG 5Y
26.38%
TAX RATE AVG 10Y
28.62%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-2.92%
CURRENT VS 3Y AVG
-0.75%
CURRENT VS 5Y AVG
-0.53%
CURRENT VS 10Y AVG
-8.34%
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 | 26.24% |
| 2025-09-30 | 27.15% |
| 2025-06-30 | 27.68% |
| 2025-03-31 | 23.64% |
| 2024-12-31 | 27.02% |
| 2024-09-30 | 26.62% |
| 2024-06-30 | 25.69% |
| 2024-03-31 | 26.57% |
| 2023-12-31 | 25.34% |
| 2023-09-30 | 25.21% |
| 2023-06-30 | 29.60% |
| 2023-03-31 | 25.97% |
| 2022-12-31 | 13.54% |
| 2022-09-30 | 26.63% |
| 2022-06-30 | -7.66% |
| 2022-03-31 | 27.84% |
| 2021-12-31 | 40.03% |
| 2021-09-30 | 17.74% |
| 2021-06-30 | 24.44% |
| 2020-09-30 | 30.57% |
| 2020-03-31 | 36.79% |
| 2019-09-30 | 27.04% |
| 2019-06-30 | 31.39% |
| 2019-03-31 | 34.51% |
| 2018-12-31 | 119.34% |
| 2018-09-30 | 25.88% |
| 2018-06-30 | 25.35% |
| 2018-03-31 | 30.59% |
| 2017-12-31 | -201.77% |
| 2017-09-30 | 38.90% |
| 2017-06-30 | 40.64% |
| 2017-03-31 | 47.35% |
| 2016-09-30 | 38.37% |
| 2015-09-30 | 49.22% |
| 2015-06-30 | 32.27% |
| 2014-03-31 | -32.15% |
| 2013-12-31 | 7.43% |
| 2013-09-30 | 0.30% |