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 22.75% is in line with its 5-year average of 22.28%, near the high end of its 5-year range (20.50%–23.04%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.35% above its 12-month average of 22.01%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.75%.
TAX RATE
22.75%
TAX RATE AVG TTM
22.01%
TAX RATE AVG 3Y
22.30%
TAX RATE AVG 5Y
22.28%
TAX RATE AVG 10Y
22.11%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+3.35%
CURRENT VS 3Y AVG
+2.04%
CURRENT VS 5Y AVG
+2.12%
CURRENT VS 10Y AVG
+2.90%
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 | 22.75% |
| 2026-03-31 | 20.50% |
| 2025-12-31 | 22.23% |
| 2025-09-30 | 22.38% |
| 2025-06-30 | 22.21% |
| 2025-03-31 | 21.93% |
| 2024-12-31 | 22.28% |
| 2024-09-30 | 22.22% |
| 2024-06-30 | 22.39% |
| 2024-03-31 | 22.27% |
| 2023-12-31 | 20.70% |
| 2023-09-30 | 21.76% |
| 2023-06-30 | 22.84% |
| 2023-03-31 | 22.58% |
| 2022-12-31 | 23.04% |
| 2022-09-30 | 22.06% |
| 2022-06-30 | 22.37% |
| 2022-03-31 | 21.98% |
| 2021-12-31 | 22.57% |
| 2021-09-30 | 22.28% |
| 2021-06-30 | 21.90% |
| 2021-03-31 | 21.59% |
| 2020-12-31 | 21.66% |
| 2020-09-30 | 22.65% |
| 2020-06-30 | 23.24% |
| 2020-03-31 | 19.24% |
| 2019-12-31 | 20.06% |
| 2019-09-30 | 22.16% |
| 2019-06-30 | 23.27% |
| 2019-03-31 | 15.59% |
| 2018-12-31 | 21.49% |
| 2018-09-30 | 22.09% |
| 2018-06-30 | 21.95% |
| 2018-03-31 | 15.74% |
| 2017-12-31 | 110.35% |
| 2017-09-30 | 36.85% |
| 2017-06-30 | 36.69% |
| 2017-03-31 | 18.52% |
| 2016-12-31 | -772.11% |
| 2016-09-30 | 1.81% |
| 2016-06-30 | 0.00% |
