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 31.42% is 26% above its 5-year average of 25.02%, near the low end of its 5-year range (11.84%–78.15%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.27% above its 12-month average of 29.85%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2026 (2026-06-30): 31.42%.
TAX RATE
31.42%
TAX RATE AVG TTM
29.85%
TAX RATE AVG 3Y
25.63%
TAX RATE AVG 5Y
25.02%
TAX RATE AVG 10Y
25.19%
TAX RATE AVG 15Y
28.41%
TAX RATE AVG 20Y
29.79%
CURRENT VS TTM AVG
+5.27%
CURRENT VS 3Y AVG
+22.59%
CURRENT VS 5Y AVG
+25.57%
CURRENT VS 10Y AVG
+24.75%
CURRENT VS 15Y AVG
+10.60%
CURRENT VS 20Y AVG
+5.45%
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 | 31.42% |
| 2026-02-20 | 37.73% |
| 2025-12-31 | 24.38% |
| 2025-09-30 | 25.07% |
| 2025-06-30 | 30.62% |
| 2025-03-31 | 30.61% |
| 2024-12-31 | 23.16% |
| 2024-09-30 | 19.66% |
| 2024-06-30 | 28.13% |
| 2024-03-31 | 27.86% |
| 2023-12-31 | 20.14% |
| 2023-09-30 | 22.55% |
| 2023-06-30 | 11.84% |
| 2023-03-31 | 32.59% |
| 2022-12-31 | 18.10% |
| 2022-09-30 | 30.58% |
| 2022-06-30 | 18.85% |
| 2022-03-31 | 22.89% |
| 2021-12-31 | 20.06% |
| 2021-09-30 | 24.16% |
| 2021-06-30 | 78.15% |
| 2021-03-31 | 26.44% |
| 2020-12-31 | 19.97% |
| 2020-09-30 | 11.56% |
| 2020-06-30 | 19.86% |
| 2020-03-31 | 0.00% |
| 2019-12-31 | -7.73% |
| 2019-09-30 | 29.26% |
| 2018-09-30 | 27.61% |
| 2018-03-31 | 35.86% |
| 2017-12-31 | 135.54% |
| 2017-06-30 | -603.03% |
| 2016-12-31 | 29.32% |
| 2016-09-30 | 23.24% |
| 2016-06-30 | 32.06% |
| 2016-03-31 | 30.49% |
| 2015-12-31 | 29.81% |
| 2015-09-30 | 34.93% |
| 2015-06-30 | 25.01% |
| 2015-03-31 | 32.12% |
| 2014-12-31 | 28.40% |
| 2014-09-30 | 39.55% |
| 2013-12-31 | 41.96% |
| 2013-09-30 | 34.03% |
| 2013-06-30 | 1.69% |
| 2012-09-30 | 39.14% |
| 2012-06-30 | 46.40% |
| 2012-03-31 | 698.41% |
| 2011-12-31 | 34.69% |
| 2011-09-30 | 38.07% |
| 2011-06-30 | 39.73% |
| 2011-04-29 | 14.44% |
| 2010-12-31 | 36.07% |
| 2010-09-30 | 35.33% |
| 2010-06-30 | -172.28% |
| 2009-12-31 | 45.12% |
| 2009-09-30 | 33.54% |
| 2008-09-30 | 36.19% |
| 2008-03-31 | 36.78% |
| 2007-12-31 | 38.08% |
| 2007-09-30 | 35.96% |
| 2007-06-30 | 33.36% |
| 2007-03-31 | 32.53% |
| 2006-12-31 | 36.23% |
| 2006-09-30 | 35.34% |
| 2006-06-30 | 29.22% |
| 2006-03-31 | 34.21% |
| 2005-12-31 | 37.02% |
| 2005-09-30 | 36.99% |
| 2005-06-30 | 39.80% |
| 2005-03-31 | 23.88% |
| 2004-12-31 | 37.01% |
| 2004-09-30 | 36.99% |
| 2004-06-30 | 38.40% |
| 2004-03-31 | 35.39% |
| 2003-12-31 | 36.97% |
| 2003-09-30 | 37.01% |
| 2003-06-30 | 32.03% |
| 2003-03-31 | 37.43% |
| 2002-12-31 | 37.48% |
| 2002-09-30 | 15.97% |