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 35.90% is 44% above its 5-year average of 24.96%, near the low end of its 5-year range (7.69%–116.67%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.57% above its 12-month average of 35.00%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 35.90%.
TAX RATE
35.90%
TAX RATE AVG TTM
35.00%
TAX RATE AVG 3Y
36.76%
TAX RATE AVG 5Y
24.96%
TAX RATE AVG 10Y
26.31%
TAX RATE AVG 15Y
29.61%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+2.57%
CURRENT VS 3Y AVG
-2.34%
CURRENT VS 5Y AVG
+43.79%
CURRENT VS 10Y AVG
+36.44%
CURRENT VS 15Y AVG
+21.25%
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 | 35.90% |
| 2026-03-31 | 46.88% |
| 2025-06-30 | 22.22% |
| 2024-12-31 | 7.69% |
| 2024-09-30 | 116.67% |
| 2024-06-30 | 25.00% |
| 2024-03-31 | 17.05% |
| 2023-09-30 | 28.18% |
| 2023-06-30 | 31.25% |
| 2023-03-31 | 22.92% |
| 2022-12-31 | 7.89% |
| 2022-09-30 | 23.36% |
| 2022-06-30 | 26.23% |
| 2022-03-31 | 23.19% |
| 2021-09-30 | 21.36% |
| 2021-06-30 | 22.92% |
| 2021-03-31 | 23.55% |
| 2020-12-31 | 20.94% |
| 2020-09-30 | 20.08% |
| 2020-06-30 | 26.47% |
| 2019-12-31 | 21.46% |
| 2019-09-30 | 21.62% |
| 2019-06-30 | 21.13% |
| 2019-03-31 | 21.95% |
| 2018-12-31 | 32.71% |
| 2018-09-30 | 22.45% |
| 2018-06-30 | 26.55% |
| 2018-03-31 | 22.22% |
| 2017-12-31 | 146.15% |
| 2017-09-30 | 34.57% |
| 2017-06-30 | 34.88% |
| 2017-03-31 | 37.59% |
| 2016-12-31 | 39.67% |
| 2016-09-30 | 38.99% |
| 2016-06-30 | 39.32% |
| 2016-03-31 | 36.27% |
| 2015-12-31 | 36.73% |
| 2015-09-30 | 37.89% |
| 2015-06-30 | 38.31% |
| 2015-03-31 | 38.27% |
| 2014-12-31 | 37.53% |
| 2014-09-30 | 35.65% |
| 2014-06-30 | 38.35% |
| 2014-03-31 | 38.31% |
| 2013-12-31 | 38.42% |
| 2013-09-30 | 35.05% |
| 2013-06-30 | 37.24% |
| 2013-03-31 | 37.95% |
| 2012-12-31 | 31.23% |
| 2012-09-30 | 35.74% |