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 22.44% is 10% below its 5-year average of 24.99%, around the middle of its 5-year range (11.91%–27.94%).
As of the fiscal period ended Tuesday, June 30, 2026. 24.91% above its 12-month average of 17.96%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.44%.
TAX RATE
22.44%
TAX RATE AVG TTM
17.96%
TAX RATE AVG 3Y
23.27%
TAX RATE AVG 5Y
24.99%
TAX RATE AVG 10Y
24.83%
TAX RATE AVG 15Y
30.58%
TAX RATE AVG 20Y
32.27%
CURRENT VS TTM AVG
+24.91%
CURRENT VS 3Y AVG
-3.57%
CURRENT VS 5Y AVG
-10.21%
CURRENT VS 10Y AVG
-9.63%
CURRENT VS 15Y AVG
-26.64%
CURRENT VS 20Y AVG
-30.48%
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 | 22.44% |
| 2026-03-31 | 22.10% |
| 2025-12-31 | 11.91% |
| 2025-09-30 | 15.40% |
| 2025-03-31 | 24.24% |
| 2024-12-31 | 20.01% |
| 2024-09-30 | 24.74% |
| 2024-06-30 | 26.85% |
| 2024-03-31 | 27.94% |
| 2023-12-31 | 21.20% |
| 2023-09-30 | 24.90% |
| 2023-06-30 | 26.13% |
| 2023-03-31 | 25.91% |
| 2022-12-31 | 26.05% |
| 2022-09-30 | 26.80% |
| 2022-06-30 | 26.35% |
| 2022-03-31 | 25.92% |
| 2021-12-31 | 26.96% |
| 2021-09-30 | 26.40% |
| 2021-06-30 | 24.84% |
| 2021-03-31 | 24.22% |
| 2020-12-31 | 15.74% |
| 2020-09-30 | 23.28% |
| 2020-06-30 | 26.75% |
| 2020-03-31 | 19.94% |
| 2019-12-31 | 21.88% |
| 2019-09-30 | 25.48% |
| 2019-06-30 | 25.04% |
| 2019-03-31 | 25.24% |
| 2018-12-31 | 26.55% |
| 2018-09-30 | 25.00% |
| 2018-06-30 | 25.92% |
| 2018-03-31 | 25.71% |
| 2017-12-31 | 72.84% |
| 2017-09-30 | 38.34% |
| 2017-06-30 | 38.48% |
| 2017-03-31 | 38.84% |
| 2016-12-31 | 40.14% |
| 2016-09-30 | 39.68% |
| 2016-06-30 | 41.85% |
| 2016-03-31 | 40.69% |
| 2015-12-31 | 41.22% |
| 2015-09-30 | 41.08% |
| 2015-06-30 | 40.04% |
| 2015-03-31 | 40.00% |
| 2014-12-31 | 38.54% |
| 2014-09-30 | 39.83% |
| 2014-06-30 | 40.10% |
| 2014-03-31 | 39.62% |
| 2013-12-31 | 37.94% |
| 2013-09-30 | 39.09% |
| 2013-06-30 | 39.53% |
| 2013-03-31 | 39.53% |
| 2012-12-31 | 40.98% |
| 2012-09-30 | 39.13% |
| 2012-06-30 | 38.46% |
| 2012-03-31 | 39.36% |
| 2011-12-31 | 32.18% |
| 2011-09-30 | 34.61% |
| 2011-06-30 | 37.33% |
| 2011-03-31 | 41.01% |
| 2010-12-31 | 37.36% |
| 2010-09-30 | 37.47% |
| 2009-09-30 | 33.86% |
| 2008-09-30 | 42.02% |
| 2008-06-30 | 38.01% |
| 2008-03-31 | 41.00% |
| 2007-12-31 | 38.63% |
| 2007-09-30 | 41.02% |
| 2007-06-30 | 41.17% |
| 2007-03-31 | 41.13% |
| 2006-12-31 | 36.15% |
| 2006-09-30 | 40.54% |
| 2006-06-30 | 41.99% |
| 2006-03-31 | 40.98% |
| 2005-12-31 | 40.78% |
| 2005-09-30 | 41.39% |
| 2005-06-30 | 41.67% |
| 2005-03-31 | 41.00% |
| 2004-12-31 | 42.56% |
| 2004-09-30 | 40.13% |
| 2004-06-30 | 38.72% |
| 2004-03-31 | 39.17% |
| 2003-12-31 | 37.11% |
| 2003-09-30 | 38.90% |
| 2003-06-30 | 39.76% |
| 2003-03-31 | 37.22% |
| 2002-12-31 | 38.86% |
| 2002-09-30 | 38.62% |
