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 24.02% is in line with its 5-year average of 24.51%, near the high end of its 5-year range (-116.67%–53.33%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.29% below its 12-month average of 24.34%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2026 (2026-06-30): 24.02%.
TAX RATE
24.02%
TAX RATE AVG TTM
24.34%
TAX RATE AVG 3Y
9.89%
TAX RATE AVG 5Y
24.51%
TAX RATE AVG 10Y
23.33%
TAX RATE AVG 15Y
26.36%
TAX RATE AVG 20Y
28.49%
CURRENT VS TTM AVG
-1.29%
CURRENT VS 3Y AVG
+142.95%
CURRENT VS 5Y AVG
-1.98%
CURRENT VS 10Y AVG
+2.99%
CURRENT VS 15Y AVG
-8.85%
CURRENT VS 20Y AVG
-15.69%
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 | 24.02% |
| 2026-03-31 | 23.05% |
| 2025-12-31 | 24.19% |
| 2025-09-30 | 24.06% |
| 2025-06-30 | 26.36% |
| 2025-03-31 | 53.33% |
| 2024-12-31 | -116.67% |
| 2023-06-30 | 20.75% |
| 2023-03-31 | 27.27% |
| 2022-12-31 | 23.20% |
| 2022-09-30 | 23.72% |
| 2022-06-30 | 33.33% |
| 2022-03-31 | 28.48% |
| 2021-12-31 | 10.58% |
| 2021-09-30 | 24.47% |
| 2021-06-30 | 7.86% |
| 2021-03-31 | 22.59% |
| 2020-12-31 | 19.39% |
| 2020-09-30 | 18.80% |
| 2020-03-31 | 19.46% |
| 2019-12-31 | 18.95% |
| 2019-09-30 | 20.41% |
| 2019-06-30 | 7.41% |
| 2019-03-31 | 18.82% |
| 2018-12-31 | 13.92% |
| 2018-09-30 | 23.33% |
| 2018-03-31 | 11.48% |
| 2017-12-31 | -22.57% |
| 2017-09-30 | 32.53% |
| 2017-06-30 | 35.71% |
| 2017-03-31 | 35.88% |
| 2016-12-31 | 35.37% |
| 2016-09-30 | 35.01% |
| 2016-06-30 | 32.69% |
| 2016-03-31 | 31.27% |
| 2015-12-31 | 32.67% |
| 2015-09-30 | 19.94% |
| 2015-06-30 | 33.13% |
| 2015-03-31 | 33.04% |
| 2014-12-31 | 33.14% |
| 2014-09-30 | 32.79% |
| 2014-06-30 | 31.83% |
| 2014-03-31 | 38.16% |
| 2013-12-31 | 29.15% |
| 2013-09-30 | 32.75% |
| 2013-06-30 | 33.62% |
| 2013-03-31 | 33.68% |
| 2012-12-31 | 24.88% |
| 2012-09-30 | 32.99% |
| 2012-06-30 | 32.74% |
| 2012-03-31 | 32.99% |
| 2011-12-31 | 32.87% |
| 2011-09-30 | 32.85% |
| 2011-06-30 | 16.54% |
| 2011-03-31 | -543.48% |
| 2010-12-31 | 33.02% |
| 2010-09-30 | 32.45% |
| 2010-06-30 | 33.50% |
| 2010-03-31 | 34.20% |
| 2009-12-31 | 33.88% |
| 2009-06-30 | 139.38% |
| 2009-03-31 | 32.50% |
| 2008-12-31 | 31.86% |
| 2008-09-30 | 32.90% |
| 2008-06-30 | 32.60% |
| 2008-03-31 | 32.21% |
| 2007-12-31 | 31.94% |
| 2007-09-30 | 30.59% |
| 2007-06-30 | 32.38% |
| 2007-03-31 | 31.72% |
| 2006-12-31 | 31.54% |
| 2006-09-30 | 32.37% |
| 2006-06-30 | 32.08% |
| 2006-03-31 | 29.41% |
| 2005-12-31 | 33.08% |
| 2005-09-30 | 30.26% |
| 2005-06-30 | 37.53% |
| 2005-03-31 | 31.74% |
| 2004-12-31 | 33.86% |
| 2004-09-30 | 34.32% |
| 2004-06-30 | 32.90% |
| 2004-03-31 | 33.11% |
| 2003-12-31 | 33.96% |
