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 27.96% is in line with its 5-year average of 27.33%, near the high end of its 5-year range (16.13%–31.34%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.67% above its 12-month average of 26.97%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2026 (2026-06-30): 27.96%.
TAX RATE
27.96%
TAX RATE AVG TTM
26.97%
TAX RATE AVG 3Y
27.52%
TAX RATE AVG 5Y
27.33%
TAX RATE AVG 10Y
27.64%
TAX RATE AVG 15Y
32.64%
TAX RATE AVG 20Y
34.46%
CURRENT VS TTM AVG
+3.67%
CURRENT VS 3Y AVG
+1.60%
CURRENT VS 5Y AVG
+2.31%
CURRENT VS 10Y AVG
+1.17%
CURRENT VS 15Y AVG
-14.33%
CURRENT VS 20Y AVG
-18.84%
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 | 27.96% |
| 2026-03-31 | 27.82% |
| 2025-12-31 | 27.96% |
| 2025-09-30 | 22.77% |
| 2025-06-30 | 28.37% |
| 2025-03-31 | 27.36% |
| 2024-12-31 | 28.56% |
| 2024-09-30 | 26.10% |
| 2024-06-30 | 27.22% |
| 2024-03-31 | 27.43% |
| 2023-12-31 | 27.01% |
| 2023-09-30 | 31.34% |
| 2023-06-30 | 26.96% |
| 2023-03-31 | 25.78% |
| 2022-12-31 | 25.84% |
| 2022-09-30 | 18.94% |
| 2022-06-30 | 27.16% |
| 2022-03-31 | 26.65% |
| 2021-12-31 | 16.13% |
| 2021-09-30 | 30.37% |
| 2021-06-30 | 26.11% |
| 2021-03-31 | 26.41% |
| 2020-12-31 | 26.43% |
| 2020-09-30 | 36.51% |
| 2020-06-30 | 22.29% |
| 2020-03-31 | 28.75% |
| 2019-12-31 | 27.00% |
| 2019-09-30 | 28.87% |
| 2019-06-30 | 29.62% |
| 2019-03-31 | 22.52% |
| 2018-12-31 | 29.87% |
| 2018-09-30 | 32.45% |
| 2018-06-30 | 27.97% |
| 2018-03-31 | 23.82% |
| 2017-12-31 | -33.19% |
| 2017-09-30 | 38.36% |
| 2017-06-30 | 33.91% |
| 2017-03-31 | 37.80% |
| 2016-12-31 | 35.74% |
| 2016-09-30 | 37.47% |
| 2016-06-30 | 33.49% |
| 2016-03-31 | 36.18% |
| 2015-12-31 | 38.14% |
| 2015-09-30 | 39.86% |
| 2015-06-30 | 39.25% |
| 2015-03-31 | 37.81% |
| 2014-12-31 | 40.94% |
| 2014-09-30 | 38.39% |
| 2014-06-30 | 40.45% |
| 2014-03-31 | 39.22% |
| 2013-12-31 | 48.50% |
| 2013-09-30 | 40.40% |
| 2013-06-30 | 40.41% |
| 2013-03-31 | 40.43% |
| 2012-12-31 | 43.20% |
| 2012-09-30 | 42.06% |
| 2012-06-30 | 41.73% |
| 2012-03-31 | 42.39% |
| 2011-12-31 | 52.35% |
| 2011-09-30 | 42.14% |
| 2011-06-30 | 41.53% |
| 2011-03-31 | 41.24% |
| 2010-12-31 | 41.92% |
| 2010-09-30 | 40.43% |
| 2010-06-30 | 42.83% |
| 2010-03-31 | 43.73% |
| 2009-12-31 | 42.33% |
| 2009-09-30 | 220.00% |
| 2009-06-30 | 65.67% |
| 2008-09-30 | 41.29% |
| 2008-06-30 | 43.62% |
| 2008-03-31 | 41.18% |
| 2007-12-31 | 40.72% |
| 2007-09-30 | 40.49% |
| 2007-06-30 | 40.47% |
| 2007-03-31 | 40.24% |
| 2006-12-31 | 39.92% |
| 2006-09-30 | 39.97% |
| 2006-06-30 | 39.88% |
| 2006-03-31 | 39.96% |
| 2005-12-31 | 40.01% |
| 2005-09-30 | 38.05% |
| 2005-06-30 | 41.62% |
| 2005-03-31 | 40.06% |
| 2004-12-31 | 40.02% |
| 2004-09-30 | 41.77% |
| 2004-06-30 | 38.71% |
| 2004-03-31 | 39.33% |
| 2003-12-31 | 39.10% |
| 2003-09-30 | 39.45% |
| 2003-06-30 | 39.46% |
| 2003-03-31 | 51.89% |
| 2002-12-31 | 32.13% |
| 2002-09-30 | 13.38% |
