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 37.33% is 18% below its 5-year average of 45.31%, near the low end of its 5-year range (-0.55%–127.54%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.62% above its 12-month average of 33.75%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 37.33%.
TAX RATE
37.33%
TAX RATE AVG TTM
33.75%
TAX RATE AVG 3Y
34.12%
TAX RATE AVG 5Y
45.31%
TAX RATE AVG 10Y
35.69%
TAX RATE AVG 15Y
36.49%
TAX RATE AVG 20Y
32.70%
CURRENT VS TTM AVG
+10.62%
CURRENT VS 3Y AVG
+9.41%
CURRENT VS 5Y AVG
-17.62%
CURRENT VS 10Y AVG
+4.58%
CURRENT VS 15Y AVG
+2.31%
CURRENT VS 20Y AVG
+14.17%
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 | 37.33% |
| 2025-12-31 | 6.01% |
| 2025-09-30 | 50.06% |
| 2025-06-30 | 41.58% |
| 2024-12-31 | 33.25% |
| 2024-09-30 | -0.55% |
| 2024-06-30 | 33.02% |
| 2023-12-31 | 43.17% |
| 2023-09-30 | 48.55% |
| 2023-06-30 | 48.78% |
| 2022-12-31 | 42.88% |
| 2022-09-30 | 55.22% |
| 2022-06-30 | 64.61% |
| 2021-09-30 | 127.54% |
| 2019-12-31 | 27.86% |
| 2019-06-30 | 40.88% |
| 2018-12-31 | 68.60% |
| 2018-06-30 | 34.76% |
| 2017-12-31 | -91.14% |
| 2017-06-30 | 26.41% |
| 2016-12-31 | 43.62% |
| 2016-09-30 | -3.99% |
| 2016-06-30 | 7.52% |
| 2015-12-31 | 180.69% |
| 2015-06-30 | 59.60% |
| 2014-06-30 | 30.05% |
| 2014-03-31 | 136.90% |
| 2007-06-30 | 0.65% |
| 2006-12-31 | 15.98% |
| 2006-09-30 | 5.64% |
| 2006-06-30 | 21.34% |
| 2005-12-31 | 19.14% |
| 2005-09-30 | 16.17% |
| 2005-06-30 | 13.66% |
| 2005-03-31 | 14.60% |
| 2004-12-31 | -7.09% |
| 2004-09-30 | 23.10% |
| 2004-06-30 | 21.19% |
| 2004-03-31 | 22.00% |
| 2003-12-31 | 26.81% |
| 2003-09-30 | 37.69% |
| 2002-06-30 | -45.38% |
| 2002-03-31 | 52.84% |
| 2001-12-31 | 124.72% |
| 2001-09-30 | 33.61% |
| 2000-06-30 | 31.74% |
| 2000-03-31 | 18.87% |
| 1999-09-30 | 21.86% |
| 1999-06-30 | 15.58% |
| 1999-03-31 | -7.69% |
| 1998-12-31 | 32.84% |
| 1998-09-30 | 34.01% |
| 1998-06-30 | 215.38% |
| 1998-03-31 | 34.85% |
| 1997-12-31 | 32.94% |
| 1997-09-30 | 35.09% |
| 1997-06-30 | 37.14% |
| 1997-03-31 | 40.35% |
| 1996-12-31 | 32.34% |
| 1996-09-30 | 40.28% |
| 1996-06-30 | 38.78% |
| 1996-03-31 | 45.45% |
