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 25.54% is 48% above its 5-year average of 17.26%, near the high end of its 5-year range (8.03%–25.54%).
As of the fiscal period ended Tuesday, June 30, 2026. 44.30% above its 12-month average of 17.70%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 25.54%.
TAX RATE
25.54%
TAX RATE AVG TTM
17.70%
TAX RATE AVG 3Y
15.26%
TAX RATE AVG 5Y
17.26%
TAX RATE AVG 10Y
17.93%
TAX RATE AVG 15Y
16.16%
TAX RATE AVG 20Y
15.40%
CURRENT VS TTM AVG
+44.30%
CURRENT VS 3Y AVG
+67.44%
CURRENT VS 5Y AVG
+48.00%
CURRENT VS 10Y AVG
+42.45%
CURRENT VS 15Y AVG
+58.09%
CURRENT VS 20Y AVG
+65.87%
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 | 25.54% |
| 2026-03-31 | 18.88% |
| 2025-12-31 | 16.41% |
| 2025-09-30 | 13.02% |
| 2025-06-30 | 14.66% |
| 2025-03-31 | 15.30% |
| 2024-12-31 | 13.44% |
| 2024-09-30 | 16.13% |
| 2024-06-30 | 16.00% |
| 2024-03-31 | 16.00% |
| 2023-12-31 | 13.80% |
| 2023-09-30 | 14.18% |
| 2023-06-30 | 8.03% |
| 2023-03-31 | 19.53% |
| 2022-12-31 | 20.24% |
| 2022-09-30 | 19.33% |
| 2022-06-30 | 21.97% |
| 2022-03-31 | 22.03% |
| 2021-12-31 | 14.16% |
| 2021-09-30 | 19.55% |
| 2021-06-30 | 24.26% |
| 2021-03-31 | 22.00% |
| 2020-12-31 | 37.15% |
| 2020-09-30 | 10.93% |
| 2020-06-30 | 18.62% |
| 2020-03-31 | 21.50% |
| 2019-12-31 | 22.08% |
| 2019-09-30 | 2.07% |
| 2019-06-30 | 16.78% |
| 2019-03-31 | 31.10% |
| 2018-12-31 | 33.96% |
| 2018-09-30 | 28.80% |
| 2018-06-30 | 15.67% |
| 2018-03-31 | 25.99% |
| 2017-12-31 | 18.24% |
| 2017-09-30 | 8.15% |
| 2017-06-30 | 19.02% |
| 2017-03-31 | 19.03% |
| 2016-12-31 | 19.20% |
| 2016-09-30 | 13.26% |
| 2016-06-30 | 8.62% |
| 2016-03-31 | 17.50% |
| 2015-12-31 | 19.22% |
| 2015-09-30 | 17.13% |
| 2015-06-30 | 9.19% |
| 2015-03-31 | 14.12% |
| 2014-12-31 | 12.82% |
| 2014-09-30 | 14.42% |
| 2014-06-30 | 7.42% |
| 2014-03-31 | 13.75% |
| 2013-12-31 | 3.81% |
| 2013-09-30 | 16.51% |
| 2013-06-30 | 10.83% |
| 2013-03-31 | 11.79% |
| 2012-12-31 | 15.39% |
| 2012-09-30 | 19.92% |
| 2012-06-30 | 14.83% |
| 2012-03-31 | 14.89% |
| 2011-12-31 | 11.80% |
| 2011-09-30 | 14.72% |
| 2011-06-30 | 10.87% |
| 2011-03-31 | 4.82% |
| 2010-12-31 | 10.35% |
| 2010-09-30 | 13.68% |
| 2010-06-30 | 13.44% |
| 2010-03-31 | 17.39% |
| 2009-12-31 | 11.31% |
| 2009-09-30 | 14.27% |
| 2009-06-30 | 19.78% |
| 2009-03-31 | 12.90% |
| 2008-09-30 | 28.63% |
| 2008-06-30 | 24.21% |
| 2008-03-31 | 29.89% |
| 2007-12-31 | -15.60% |
| 2007-09-30 | 7.12% |
| 2007-06-30 | 0.64% |
| 2007-03-31 | 10.03% |
| 2006-12-31 | 10.64% |
| 2006-09-30 | 8.45% |
| 2006-06-30 | 9.48% |
| 2006-03-31 | 10.48% |
| 2005-12-31 | 10.46% |
| 2005-09-30 | 9.31% |
| 2005-06-30 | 6.53% |
| 2005-03-31 | 10.94% |
| 2004-12-31 | 5.50% |
| 2004-09-30 | 4.94% |
| 2004-06-01 | 6.85% |
| 2004-03-31 | 7.24% |
| 2003-12-31 | 8.35% |
| 2003-09-30 | 7.17% |
| 2003-06-30 | 5.21% |
| 2003-03-31 | 2.69% |
| 2002-12-31 | -60.94% |
