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 23.43% is 16% above its 5-year average of 20.20%, near the high end of its 5-year range (-24.29%–24.07%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.78% above its 12-month average of 21.34%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2026 (2026-06-30): 23.43%.
TAX RATE
23.43%
TAX RATE AVG TTM
21.34%
TAX RATE AVG 3Y
20.68%
TAX RATE AVG 5Y
20.20%
TAX RATE AVG 10Y
20.62%
TAX RATE AVG 15Y
25.81%
TAX RATE AVG 20Y
27.72%
CURRENT VS TTM AVG
+9.78%
CURRENT VS 3Y AVG
+13.28%
CURRENT VS 5Y AVG
+16.02%
CURRENT VS 10Y AVG
+13.62%
CURRENT VS 15Y AVG
-9.21%
CURRENT VS 20Y AVG
-15.46%
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 | 23.43% |
| 2026-03-31 | 17.77% |
| 2025-12-31 | 20.73% |
| 2025-09-30 | 20.72% |
| 2025-06-30 | 24.07% |
| 2025-03-31 | 21.68% |
| 2024-12-31 | 15.49% |
| 2024-09-30 | -0.21% |
| 2024-06-30 | 22.57% |
| 2024-03-31 | 19.38% |
| 2023-12-31 | -24.29% |
| 2023-09-30 | 20.26% |
| 2023-06-30 | 21.42% |
| 2023-03-31 | 20.33% |
| 2022-12-31 | 20.58% |
| 2022-09-30 | 0.54% |
| 2022-06-30 | 16.10% |
| 2022-03-31 | 17.40% |
| 2021-12-31 | 20.33% |
| 2021-09-30 | 20.65% |
| 2021-06-30 | 20.62% |
| 2021-03-31 | 21.79% |
| 2020-12-31 | 21.75% |
| 2020-09-30 | 20.57% |
| 2020-06-30 | 20.46% |
| 2020-03-31 | 21.27% |
| 2019-12-31 | 20.00% |
| 2019-09-30 | 18.28% |
| 2019-06-30 | 20.48% |
| 2019-03-31 | 20.52% |
| 2018-12-31 | 23.60% |
| 2018-09-30 | 20.50% |
| 2018-06-30 | 25.93% |
| 2018-03-31 | 13.40% |
| 2017-12-31 | 75.49% |
| 2017-09-30 | 36.16% |
| 2017-06-30 | 33.23% |
| 2017-03-31 | 33.44% |
| 2016-12-31 | 29.35% |
| 2016-09-30 | 33.20% |
| 2016-06-30 | 33.13% |
| 2016-03-31 | 32.81% |
| 2015-12-31 | 32.64% |
| 2015-09-30 | 32.40% |
| 2015-06-30 | 33.75% |
| 2015-03-31 | 32.88% |
| 2015-02-05 | 32.88% |
| 2014-09-30 | 32.93% |
| 2014-06-30 | 33.51% |
| 2014-03-31 | 32.13% |
| 2013-12-31 | 32.39% |
| 2013-09-30 | 32.54% |
| 2013-06-30 | 38.47% |
| 2013-03-31 | 32.33% |
| 2012-12-31 | 33.31% |
| 2012-09-30 | 33.21% |
| 2012-06-30 | 26.00% |
| 2012-03-31 | 30.61% |
| 2011-12-31 | 31.80% |
| 2011-09-30 | 25.81% |
| 2011-06-30 | 28.12% |
| 2011-03-31 | 33.97% |
| 2010-12-31 | 33.86% |
| 2010-09-30 | 33.95% |
| 2010-06-30 | 35.25% |
| 2009-12-31 | 33.95% |
| 2009-09-30 | 34.03% |
| 2009-03-31 | 33.90% |
| 2008-12-31 | 34.12% |
| 2008-09-30 | 33.94% |
| 2008-03-31 | 34.12% |
| 2007-12-31 | 33.48% |
| 2007-09-30 | 34.12% |
| 2007-06-30 | 33.75% |
| 2007-03-31 | 33.93% |
| 2006-12-31 | 33.84% |
| 2006-09-30 | 34.02% |
| 2006-06-30 | 35.70% |
| 2006-03-31 | 33.94% |
| 2005-12-31 | 32.43% |
| 2005-09-30 | 33.99% |
| 2005-06-30 | 36.10% |
| 2005-03-31 | 32.23% |
| 2004-12-31 | 33.90% |
| 2004-09-30 | 33.89% |
