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 25.04% is in line with its 5-year average of 23.01%, near the high end of its 5-year range (-30.59%–26.00%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.05% above its 12-month average of 22.76%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2027 (2026-06-30): 25.04%.
TAX RATE
25.04%
TAX RATE AVG TTM
22.76%
TAX RATE AVG 3Y
20.26%
TAX RATE AVG 5Y
23.01%
TAX RATE AVG 10Y
27.61%
TAX RATE AVG 15Y
29.92%
TAX RATE AVG 20Y
30.82%
CURRENT VS TTM AVG
+10.05%
CURRENT VS 3Y AVG
+23.64%
CURRENT VS 5Y AVG
+8.84%
CURRENT VS 10Y AVG
-9.30%
CURRENT VS 15Y AVG
-16.28%
CURRENT VS 20Y AVG
-18.74%
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 | 25.04% |
| 2026-03-31 | 23.84% |
| 2025-12-31 | 23.26% |
| 2025-09-30 | 23.61% |
| 2025-06-30 | 18.03% |
| 2025-03-31 | 6.38% |
| 2024-12-31 | 23.50% |
| 2024-09-30 | 15.75% |
| 2024-06-30 | 24.37% |
| 2024-03-31 | -30.59% |
| 2023-12-31 | 16.59% |
| 2023-09-30 | 17.43% |
| 2023-06-30 | 25.27% |
| 2023-03-31 | 25.14% |
| 2022-12-31 | 24.80% |
| 2022-09-30 | 25.37% |
| 2022-06-30 | 25.01% |
| 2022-03-31 | 23.48% |
| 2021-12-31 | 25.34% |
| 2021-09-30 | 26.00% |
| 2021-06-30 | 25.39% |
| 2021-03-31 | 25.04% |
| 2020-12-31 | 25.84% |
| 2020-09-30 | 25.69% |
| 2020-06-30 | 25.68% |
| 2020-03-31 | 24.64% |
| 2019-12-31 | 25.26% |
| 2019-09-30 | 29.48% |
| 2019-06-30 | 35.59% |
| 2019-03-31 | 34.28% |
| 2018-12-31 | 34.80% |
| 2018-09-30 | 34.40% |
| 2018-06-30 | 34.44% |
| 2018-03-31 | 34.21% |
| 2017-12-31 | 34.61% |
| 2017-09-30 | 37.30% |
| 2017-06-30 | 34.68% |
| 2017-03-31 | 40.18% |
| 2016-12-31 | 34.41% |
| 2016-09-30 | 34.50% |
| 2016-06-30 | 34.60% |
| 2016-03-31 | 42.26% |
| 2015-12-31 | 33.95% |
| 2015-09-30 | 34.21% |
| 2015-06-30 | 34.60% |
| 2015-03-31 | 39.76% |
| 2014-12-31 | 33.75% |
| 2014-09-30 | 33.93% |
| 2014-06-30 | 33.56% |
| 2014-03-31 | 38.10% |
| 2013-12-31 | 33.53% |
| 2013-09-30 | 33.94% |
| 2013-06-30 | 33.65% |
| 2013-03-31 | 34.71% |
| 2012-12-31 | 31.56% |
| 2012-09-30 | 31.53% |
| 2012-06-30 | 32.30% |
| 2012-03-31 | 35.19% |
| 2011-12-31 | 30.22% |
| 2011-09-30 | 35.66% |
| 2011-06-30 | 31.75% |
| 2011-03-31 | 38.18% |
| 2010-12-31 | 32.30% |
| 2010-09-30 | 36.44% |
| 2010-06-30 | 32.00% |
| 2010-03-31 | 45.24% |
| 2009-12-31 | 30.40% |
| 2009-09-30 | 39.07% |
| 2009-06-30 | 29.51% |
| 2009-03-31 | 36.16% |
| 2008-12-31 | 32.88% |
| 2008-09-30 | 37.19% |
| 2008-06-30 | 32.02% |
| 2007-09-30 | 33.68% |
| 2006-09-30 | 29.72% |
| 2005-09-30 | 30.79% |
| 2004-09-30 | 34.19% |
