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 23.36% is in line with its 5-year average of 24.47%, near the low end of its 5-year range (1.82%–137.70%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.63% below its 12-month average of 24.49%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 23.36%.
TAX RATE
23.36%
TAX RATE AVG TTM
24.49%
TAX RATE AVG 3Y
20.75%
TAX RATE AVG 5Y
24.47%
TAX RATE AVG 10Y
28.12%
TAX RATE AVG 15Y
30.17%
TAX RATE AVG 20Y
32.51%
CURRENT VS TTM AVG
-4.63%
CURRENT VS 3Y AVG
+12.58%
CURRENT VS 5Y AVG
-4.54%
CURRENT VS 10Y AVG
-16.95%
CURRENT VS 15Y AVG
-22.59%
CURRENT VS 20Y AVG
-28.14%
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 | 23.36% |
| 2026-03-31 | 24.15% |
| 2025-12-31 | 35.17% |
| 2025-09-30 | 17.36% |
| 2025-06-30 | 22.41% |
| 2025-03-31 | 25.00% |
| 2024-12-31 | 41.32% |
| 2024-09-30 | 22.08% |
| 2024-06-30 | 23.17% |
| 2024-03-31 | 23.21% |
| 2023-12-31 | 12.64% |
| 2023-09-30 | 1.82% |
| 2023-06-30 | 14.08% |
| 2023-03-31 | 23.56% |
| 2022-09-30 | 30.56% |
| 2022-03-31 | 28.95% |
| 2021-12-31 | 52.78% |
| 2021-09-30 | 137.70% |
| 2021-03-31 | -7.14% |
| 2020-12-31 | -3.51% |
| 2020-03-31 | 24.81% |
| 2019-09-30 | 25.51% |
| 2019-06-30 | 27.55% |
| 2019-03-31 | 25.93% |
| 2018-12-31 | 21.33% |
| 2018-09-30 | 27.42% |
| 2018-06-30 | 27.37% |
| 2018-03-31 | 18.67% |
| 2017-12-31 | 142.70% |
| 2017-09-30 | 44.72% |
| 2017-06-30 | 31.88% |
| 2017-03-31 | 33.94% |
| 2016-12-31 | 38.44% |
| 2016-09-30 | 38.68% |
| 2016-06-30 | 37.65% |
| 2016-03-31 | 36.47% |
| 2015-12-31 | 54.61% |
| 2015-09-30 | 36.31% |
| 2015-06-30 | 37.27% |
| 2014-12-31 | 12.36% |
| 2014-09-30 | 36.65% |
| 2014-06-30 | 37.18% |
| 2014-03-31 | 37.30% |
| 2013-12-31 | 23.10% |
| 2013-09-30 | 28.85% |
| 2013-06-30 | 38.61% |
| 2013-03-31 | 19.66% |
| 2012-12-31 | 40.13% |
| 2012-09-30 | 38.40% |
| 2012-06-30 | 38.60% |
| 2012-03-31 | 38.08% |
| 2011-12-31 | 55.05% |
| 2011-09-30 | 13.73% |
| 2011-06-30 | 40.79% |
| 2011-03-31 | 36.16% |
| 2010-12-31 | 104.76% |
| 2010-09-30 | 6.78% |
| 2010-06-30 | 91.67% |
| 2010-03-31 | 41.33% |
| 2009-12-31 | 29.94% |
| 2009-09-30 | 45.88% |
| 2009-06-30 | 43.68% |
| 2009-03-31 | 44.93% |
| 2008-06-30 | 40.47% |
| 2008-03-31 | 42.92% |
| 2007-12-31 | 41.20% |
| 2007-09-30 | 44.64% |
| 2007-06-30 | 45.09% |
| 2007-03-31 | 48.02% |
| 2006-12-31 | 56.41% |
| 2006-09-30 | 36.73% |
| 2006-03-31 | 18.37% |
| 2005-09-30 | 26.42% |
