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 23.35% is in line with its 5-year average of 23.44%, around the middle of its 5-year range (9.12%–36.77%).
As of the fiscal period ended Tuesday, June 30, 2026. 11.57% below its 12-month average of 26.41%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 23.35%.
TAX RATE
23.35%
TAX RATE AVG TTM
26.41%
TAX RATE AVG 3Y
23.43%
TAX RATE AVG 5Y
23.44%
TAX RATE AVG 10Y
23.05%
TAX RATE AVG 15Y
24.20%
TAX RATE AVG 20Y
24.91%
CURRENT VS TTM AVG
-11.57%
CURRENT VS 3Y AVG
-0.33%
CURRENT VS 5Y AVG
-0.40%
CURRENT VS 10Y AVG
+1.28%
CURRENT VS 15Y AVG
-3.52%
CURRENT VS 20Y AVG
-6.27%
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 | 23.35% |
| 2026-03-31 | 22.57% |
| 2025-12-31 | 22.49% |
| 2025-09-30 | 26.85% |
| 2025-06-30 | 36.77% |
| 2025-03-31 | 25.95% |
| 2024-12-31 | 22.85% |
| 2024-09-30 | 22.94% |
| 2024-06-30 | 24.95% |
| 2024-03-31 | 22.18% |
| 2023-12-31 | 15.31% |
| 2023-09-30 | 23.93% |
| 2023-06-30 | 19.65% |
| 2023-03-31 | 16.02% |
| 2022-12-31 | 23.59% |
| 2022-09-30 | 9.12% |
| 2022-06-30 | 23.52% |
| 2022-03-31 | 26.25% |
| 2021-12-31 | 22.69% |
| 2021-09-30 | 21.32% |
| 2021-06-30 | 15.44% |
| 2021-03-31 | 21.21% |
| 2020-12-31 | 10.06% |
| 2020-09-30 | 23.74% |
| 2020-06-30 | 24.99% |
| 2020-03-31 | 14.59% |
| 2019-12-31 | 24.25% |
| 2019-09-30 | 23.66% |
| 2019-06-30 | 25.07% |
| 2019-03-31 | 19.98% |
| 2018-12-31 | 23.88% |
| 2018-09-30 | 21.32% |
| 2018-06-30 | 21.27% |
| 2018-03-31 | 21.18% |
| 2017-12-31 | 53.95% |
| 2017-09-30 | 33.96% |
| 2017-06-30 | 34.21% |
| 2017-03-31 | 31.42% |
| 2016-12-31 | 32.54% |
| 2016-09-30 | 32.87% |
| 2016-06-30 | 33.78% |
| 2016-03-31 | 31.44% |
| 2015-12-31 | 26.60% |
| 2015-09-30 | 27.37% |
| 2015-06-30 | 29.93% |
| 2015-03-31 | 36.88% |
| 2014-09-30 | 16.09% |
| 2014-06-30 | 18.16% |
| 2014-03-31 | 17.05% |
| 2013-12-31 | 19.92% |
| 2013-09-30 | 10.94% |
| 2013-06-30 | 24.75% |
| 2013-03-31 | 17.67% |
| 2012-12-31 | 31.17% |
| 2012-09-30 | 27.72% |
| 2012-06-30 | 26.13% |
| 2012-03-31 | 27.22% |
| 2011-12-31 | 25.21% |
| 2011-09-30 | 27.56% |
| 2011-06-30 | 27.15% |
| 2011-03-31 | 29.15% |
| 2010-12-31 | 27.60% |
| 2010-09-30 | 26.63% |
| 2010-06-30 | 25.88% |
| 2010-03-31 | 23.71% |
| 2009-12-31 | 14.09% |
| 2009-09-30 | 24.32% |
| 2009-06-30 | 26.06% |
| 2009-03-31 | 28.63% |
| 2008-12-31 | -11.62% |
| 2008-06-30 | 29.28% |
| 2008-03-31 | 27.95% |
| 2007-12-31 | 30.38% |
| 2007-09-30 | 12.63% |
| 2007-06-30 | 24.39% |
| 2007-03-31 | 31.75% |
| 2006-12-31 | 25.97% |
| 2006-09-30 | 27.25% |
| 2006-06-30 | 27.27% |
| 2006-03-31 | 22.07% |
| 2005-12-31 | 13.29% |
| 2005-09-30 | 22.48% |
| 2005-06-30 | 19.19% |
| 2005-03-31 | 33.96% |
| 2004-12-31 | 26.65% |
| 2004-09-30 | 40.42% |
| 2004-06-30 | 41.28% |
| 2004-03-31 | 41.33% |
| 2003-12-31 | 32.95% |
| 2003-09-30 | 33.80% |
| 2003-06-30 | 36.19% |
| 2003-03-31 | 30.63% |
