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 28.32% is in line with its 5-year average of 28.82%, near the low end of its 5-year range (26.88%–31.82%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.06% below its 12-month average of 28.62%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 28.32%.
TAX RATE
28.32%
TAX RATE AVG TTM
28.62%
TAX RATE AVG 3Y
28.66%
TAX RATE AVG 5Y
28.82%
TAX RATE AVG 10Y
29.30%
TAX RATE AVG 15Y
33.20%
TAX RATE AVG 20Y
33.76%
CURRENT VS TTM AVG
-1.06%
CURRENT VS 3Y AVG
-1.18%
CURRENT VS 5Y AVG
-1.73%
CURRENT VS 10Y AVG
-3.34%
CURRENT VS 15Y AVG
-14.70%
CURRENT VS 20Y AVG
-16.11%
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 | 28.32% |
| 2026-03-31 | 28.52% |
| 2025-12-31 | 29.62% |
| 2025-09-30 | 28.24% |
| 2025-06-30 | 28.41% |
| 2025-03-31 | 28.32% |
| 2024-12-31 | 31.82% |
| 2024-09-30 | 26.88% |
| 2024-06-30 | 28.51% |
| 2024-03-31 | 27.95% |
| 2023-12-31 | 28.47% |
| 2023-09-30 | 29.72% |
| 2023-06-30 | 29.13% |
| 2023-03-31 | 28.78% |
| 2022-12-31 | 29.77% |
| 2022-09-30 | 28.69% |
| 2022-06-30 | 29.32% |
| 2022-03-31 | 28.88% |
| 2021-12-31 | 29.89% |
| 2021-09-30 | 29.50% |
| 2021-06-30 | 29.39% |
| 2021-03-31 | 29.57% |
| 2020-12-31 | 29.76% |
| 2020-09-30 | 29.80% |
| 2020-06-30 | 28.82% |
| 2020-03-31 | 30.36% |
| 2019-12-31 | 30.34% |
| 2019-09-30 | 29.73% |
| 2019-06-30 | 29.54% |
| 2019-03-31 | 29.86% |
| 2018-12-31 | 30.35% |
| 2018-09-30 | 30.09% |
| 2018-06-30 | 29.87% |
| 2018-03-31 | 29.85% |
| 2017-12-31 | 66.40% |
| 2017-09-30 | 42.10% |
| 2017-06-30 | 42.44% |
| 2017-03-31 | 42.40% |
| 2016-12-31 | 42.76% |
| 2016-09-30 | 42.71% |
| 2016-06-30 | 42.50% |
| 2016-03-31 | 42.48% |
| 2015-12-31 | 42.09% |
| 2015-09-30 | 43.06% |
| 2015-06-30 | 42.30% |
| 2015-03-31 | 41.28% |
| 2014-12-31 | 41.75% |
| 2014-09-30 | 45.78% |
| 2014-06-30 | 39.40% |
| 2014-03-31 | 39.54% |
| 2013-12-31 | 45.12% |
| 2013-09-30 | 209.63% |
| 2013-03-31 | -8.75% |
| 2012-12-31 | 8.97% |
| 2012-09-30 | 19.31% |
| 2007-12-31 | 23.48% |
| 2007-09-30 | 45.56% |
| 2007-06-30 | 46.56% |
| 2007-03-31 | 44.20% |
| 2006-12-31 | 42.25% |
| 2006-09-30 | 41.64% |
| 2006-06-30 | 45.86% |
| 2006-03-31 | 41.58% |
| 2005-12-31 | 42.59% |
| 2005-09-30 | 41.33% |
| 2005-06-30 | 21.40% |
