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 21.53% is in line with its 5-year average of 23.80%, near the high end of its 5-year range (4.77%–25.91%).
As of the fiscal period ended Tuesday, June 30, 2026. 23.89% above its 12-month average of 17.38%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 21.53%.
TAX RATE
21.53%
TAX RATE AVG TTM
17.38%
TAX RATE AVG 3Y
22.26%
TAX RATE AVG 5Y
23.80%
TAX RATE AVG 10Y
24.55%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+23.89%
CURRENT VS 3Y AVG
-3.28%
CURRENT VS 5Y AVG
-9.55%
CURRENT VS 10Y AVG
-12.31%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 21.53% |
| 2026-03-31 | 19.66% |
| 2025-12-31 | 8.17% |
| 2025-09-30 | 15.30% |
| 2025-06-30 | 22.23% |
| 2025-03-31 | 23.87% |
| 2024-12-31 | 25.19% |
| 2024-09-30 | 24.68% |
| 2024-06-30 | 22.93% |
| 2024-03-31 | 23.83% |
| 2023-12-31 | 22.10% |
| 2023-09-30 | 23.51% |
| 2023-06-30 | 4.77% |
| 2023-03-31 | 25.05% |
| 2022-12-31 | 23.67% |
| 2022-09-30 | 24.43% |
| 2022-06-30 | 25.12% |
| 2022-03-31 | 24.98% |
| 2021-12-31 | 24.16% |
| 2021-09-30 | 25.57% |
| 2021-06-30 | 25.91% |
| 2021-03-31 | 26.34% |
| 2020-12-31 | 25.62% |
| 2020-09-30 | 26.28% |
| 2020-06-30 | 25.69% |
| 2020-03-31 | 25.42% |
| 2019-12-31 | 23.89% |
| 2019-09-30 | 24.30% |
| 2019-06-30 | 24.48% |
| 2019-03-31 | 25.09% |
| 2018-12-31 | 26.98% |
| 2018-09-30 | 25.01% |
| 2018-06-30 | 24.89% |
| 2018-03-31 | 23.72% |
| 2017-12-31 | 6.14% |
| 2017-09-30 | 38.11% |
| 2017-06-30 | 38.12% |
| 2017-03-31 | 38.06% |
| 2016-12-31 | 39.55% |
| 2016-09-30 | 39.54% |
| 2016-06-30 | 39.54% |
| 2016-03-31 | 39.54% |
