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 12.88% is 30% below its 5-year average of 18.28%, near the high end of its 5-year range (-186.39%–96.21%).
As of the fiscal period ended Tuesday, June 30, 2026. 24.02% below its 12-month average of 16.95%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 12.88%.
TAX RATE
12.88%
TAX RATE AVG TTM
16.95%
TAX RATE AVG 3Y
33.22%
TAX RATE AVG 5Y
18.28%
TAX RATE AVG 10Y
16.85%
TAX RATE AVG 15Y
20.07%
TAX RATE AVG 20Y
23.35%
CURRENT VS TTM AVG
-24.02%
CURRENT VS 3Y AVG
-61.25%
CURRENT VS 5Y AVG
-29.58%
CURRENT VS 10Y AVG
-23.59%
CURRENT VS 15Y AVG
-35.84%
CURRENT VS 20Y AVG
-44.86%
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 | 12.88% |
| 2026-03-31 | 14.49% |
| 2025-09-30 | 23.47% |
| 2024-12-31 | 21.35% |
| 2024-03-31 | 30.95% |
| 2023-09-30 | 96.21% |
| 2023-03-31 | 43.55% |
| 2022-09-30 | 28.38% |
| 2022-06-30 | 12.37% |
| 2022-03-31 | 0.74% |
| 2021-12-31 | -186.39% |
| 2021-09-30 | 10.73% |
| 2021-06-30 | 2.20% |
| 2021-03-31 | 13.25% |
| 2020-12-31 | 22.99% |
| 2020-09-30 | 1.34% |
| 2020-06-30 | 12.34% |
| 2020-03-31 | -50.40% |
| 2019-12-31 | -34.85% |
| 2019-06-06 | 34.29% |
| 2019-03-31 | 33.14% |
| 2018-09-30 | 201.59% |
| 2018-06-30 | 247.69% |
| 2017-12-31 | 613.26% |
| 2017-09-30 | -58.55% |
| 2017-06-30 | 36.55% |
| 2016-09-30 | -77.73% |
| 2016-03-31 | 31.04% |
| 2015-12-31 | 38.64% |
| 2015-06-30 | 24.97% |
| 2015-03-31 | 31.70% |
| 2014-12-31 | -106.93% |
| 2014-09-30 | 27.60% |
| 2014-06-30 | 183.68% |
| 2014-03-31 | 78.16% |
| 2013-12-31 | -78.86% |
| 2013-09-30 | 547.49% |
| 2013-06-30 | -433.33% |
| 2013-03-31 | 39.19% |
| 2012-12-31 | 83.69% |
| 2012-09-30 | -42.77% |
| 2009-12-31 | -839.30% |
| 2008-12-31 | 71.61% |
| 2007-09-30 | 18.49% |
| 2007-06-30 | 41.83% |
| 2007-03-31 | 33.96% |
| 2006-12-31 | 33.15% |
| 2006-09-30 | 23.96% |
| 2006-06-30 | 35.71% |
| 2006-03-31 | 36.56% |
| 2005-12-31 | 37.58% |
| 2005-09-30 | 32.64% |
| 2005-06-30 | 38.87% |
| 2005-03-31 | 40.62% |
| 2004-12-31 | 18.19% |
| 2004-09-30 | 24.31% |
| 2004-06-30 | 33.75% |
| 2004-03-31 | 32.78% |
| 2003-12-31 | 31.32% |
| 2003-09-30 | 31.46% |
| 2003-06-30 | 28.51% |
| 2003-03-31 | 31.22% |
| 2002-12-31 | 41.94% |
| 2002-09-30 | 45.48% |
