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 22.86% is in line with its 5-year average of 23.15%, around the middle of its 5-year range (-5.69%–50.29%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.27% below its 12-month average of 24.66%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.86%.
TAX RATE
22.86%
TAX RATE AVG TTM
24.66%
TAX RATE AVG 3Y
26.48%
TAX RATE AVG 5Y
23.15%
TAX RATE AVG 10Y
24.13%
TAX RATE AVG 15Y
26.04%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-7.27%
CURRENT VS 3Y AVG
-13.65%
CURRENT VS 5Y AVG
-1.24%
CURRENT VS 10Y AVG
-5.23%
CURRENT VS 15Y AVG
-12.21%
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 | 22.86% |
| 2026-03-31 | 23.43% |
| 2025-09-30 | 33.21% |
| 2025-06-30 | 19.13% |
| 2024-09-30 | 18.16% |
| 2024-06-30 | 19.16% |
| 2024-03-31 | 22.02% |
| 2023-12-31 | 31.40% |
| 2023-09-30 | 50.29% |
| 2023-06-30 | 25.14% |
| 2023-03-31 | 24.05% |
| 2022-12-31 | 25.12% |
| 2022-09-30 | 19.94% |
| 2022-06-30 | 24.97% |
| 2022-03-31 | 24.24% |
| 2021-12-31 | 24.49% |
| 2021-09-30 | 23.13% |
| 2021-06-30 | -5.69% |
| 2021-03-31 | 22.89% |
| 2020-12-31 | 22.45% |
| 2020-09-30 | 97.37% |
| 2020-06-30 | 21.41% |
| 2020-03-31 | 22.74% |
| 2019-12-31 | 20.40% |
| 2019-09-30 | 24.09% |
| 2019-06-30 | 23.55% |
| 2019-03-31 | 23.75% |
| 2018-12-31 | 21.70% |
| 2018-09-30 | 22.28% |
| 2018-06-30 | 19.24% |
| 2018-03-31 | 43.24% |
| 2017-12-31 | 74.36% |
| 2017-09-30 | 12.09% |
| 2017-06-30 | 28.01% |
| 2017-03-31 | 26.00% |
| 2016-12-31 | 41.83% |
| 2016-09-30 | 33.77% |
| 2016-06-30 | 35.17% |
| 2016-03-31 | 35.17% |
| 2015-12-31 | 26.75% |
| 2015-09-30 | 35.84% |
| 2015-06-30 | 29.28% |
| 2015-03-31 | 35.27% |
| 2014-09-30 | 31.22% |
| 2014-06-30 | 29.03% |
| 2014-03-31 | 31.11% |
| 2013-12-31 | 44.75% |
| 2013-09-30 | 28.66% |
| 2013-06-30 | 14.38% |
| 2013-03-31 | 30.91% |
| 2012-12-31 | 25.25% |
| 2011-03-31 | 29.58% |
| 2010-03-31 | 27.50% |
