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 23.91% is 10% below its 5-year average of 26.70%, around the middle of its 5-year range (14.07%–43.40%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.77% below its 12-month average of 26.21%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 23.91%.
TAX RATE
23.91%
TAX RATE AVG TTM
26.21%
TAX RATE AVG 3Y
25.26%
TAX RATE AVG 5Y
26.70%
TAX RATE AVG 10Y
27.14%
TAX RATE AVG 15Y
33.20%
TAX RATE AVG 20Y
34.20%
CURRENT VS TTM AVG
-8.77%
CURRENT VS 3Y AVG
-5.31%
CURRENT VS 5Y AVG
-10.42%
CURRENT VS 10Y AVG
-11.88%
CURRENT VS 15Y AVG
-27.96%
CURRENT VS 20Y AVG
-30.07%
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 | 23.91% |
| 2026-03-31 | 31.97% |
| 2025-12-31 | 23.27% |
| 2025-09-30 | 25.18% |
| 2025-06-30 | 26.74% |
| 2025-03-31 | 27.42% |
| 2024-12-31 | 24.40% |
| 2024-09-30 | 25.53% |
| 2024-06-30 | 27.10% |
| 2024-03-31 | 14.07% |
| 2023-12-31 | 22.94% |
| 2023-09-30 | 26.83% |
| 2023-06-30 | 24.50% |
| 2023-03-31 | 26.66% |
| 2022-12-31 | 27.46% |
| 2022-09-30 | 31.15% |
| 2022-06-30 | 43.40% |
| 2022-03-31 | 29.94% |
| 2021-12-31 | 27.67% |
| 2021-09-30 | 28.36% |
| 2021-06-30 | 26.21% |
| 2021-03-31 | 26.96% |
| 2020-12-31 | 26.79% |
| 2020-09-30 | 27.32% |
| 2020-06-30 | 26.42% |
| 2020-03-31 | 41.37% |
| 2019-12-31 | 26.43% |
| 2019-09-30 | 28.30% |
| 2019-06-30 | 27.83% |
| 2019-03-31 | 26.90% |
| 2018-12-31 | 32.74% |
| 2018-09-30 | 27.97% |
| 2018-06-30 | 28.48% |
| 2018-03-31 | 27.90% |
| 2017-12-31 | 42.79% |
| 2017-09-30 | 41.21% |
| 2017-06-30 | 41.21% |
| 2017-03-31 | 41.21% |
| 2016-12-31 | 41.25% |
| 2016-09-30 | 41.08% |
| 2016-06-30 | 40.96% |
| 2016-03-31 | 41.11% |
| 2015-12-31 | 40.93% |
| 2015-09-30 | 41.05% |
| 2015-06-30 | 40.94% |
| 2015-03-31 | 40.99% |
| 2014-12-31 | 40.87% |
| 2014-09-30 | 41.19% |
| 2014-06-30 | 41.18% |
| 2014-03-31 | 18.72% |
| 2013-12-31 | 40.82% |
| 2013-09-30 | 40.88% |
| 2013-06-30 | 40.80% |
| 2013-03-31 | 40.97% |
| 2012-12-31 | 40.72% |
| 2012-09-30 | 40.68% |
| 2012-06-30 | 40.58% |
| 2012-03-31 | 40.71% |
| 2011-12-31 | 40.88% |
| 2011-09-30 | 40.70% |
| 2011-06-30 | 40.46% |
| 2011-03-31 | 40.69% |
| 2010-12-31 | 42.78% |
| 2010-09-30 | 39.10% |
| 2010-06-30 | 39.14% |
| 2010-03-31 | 39.00% |
| 2009-12-31 | 40.14% |
| 2009-09-30 | 38.51% |
| 2009-06-30 | 38.00% |
| 2009-03-31 | 38.01% |
| 2008-12-31 | 37.82% |
| 2008-09-30 | 39.51% |
| 2008-06-30 | 36.30% |
| 2008-03-31 | 35.68% |
| 2007-12-31 | 35.98% |
| 2007-09-30 | 33.88% |
| 2007-06-30 | 33.54% |
| 2007-03-31 | 32.88% |
| 2006-12-31 | 33.65% |
| 2006-09-30 | 35.67% |
| 2006-06-30 | 34.88% |
| 2006-03-31 | 36.36% |
| 2005-12-31 | 37.27% |
| 2005-09-30 | 37.43% |
| 2005-06-30 | 37.41% |
| 2005-03-31 | 37.62% |
| 2004-12-31 | 37.70% |
| 2004-09-30 | 37.62% |
| 2004-06-30 | 37.30% |
| 2004-03-31 | 36.74% |
| 2003-12-31 | 37.36% |
| 2003-09-30 | 38.26% |
| 2003-06-30 | 9.09% |
| 2003-03-31 | 92.30% |
| 2002-12-31 | 34.83% |
| 2002-09-30 | 33.77% |
