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 27.84% is in line with its 5-year average of 28.06%, around the middle of its 5-year range (22.40%–31.34%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.66% below its 12-month average of 28.31%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2027 (2026-06-30): 27.84%.
TAX RATE
27.84%
TAX RATE AVG TTM
28.31%
TAX RATE AVG 3Y
27.99%
TAX RATE AVG 5Y
28.06%
TAX RATE AVG 10Y
28.20%
TAX RATE AVG 15Y
33.96%
TAX RATE AVG 20Y
35.97%
CURRENT VS TTM AVG
-1.66%
CURRENT VS 3Y AVG
-0.53%
CURRENT VS 5Y AVG
-0.78%
CURRENT VS 10Y AVG
-1.27%
CURRENT VS 15Y AVG
-18.02%
CURRENT VS 20Y AVG
-22.59%
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 | 27.84% |
| 2026-03-31 | 31.34% |
| 2025-12-31 | 26.74% |
| 2025-09-30 | 29.33% |
| 2025-06-30 | 26.31% |
| 2025-03-31 | 29.70% |
| 2024-12-31 | 24.96% |
| 2024-09-30 | 27.51% |
| 2024-06-30 | 27.06% |
| 2024-03-31 | 29.49% |
| 2023-12-31 | 28.98% |
| 2023-09-30 | 27.38% |
| 2023-06-30 | 27.25% |
| 2023-03-31 | 22.40% |
| 2022-12-31 | 27.69% |
| 2022-09-30 | 29.25% |
| 2022-06-30 | 28.01% |
| 2022-03-31 | 29.56% |
| 2021-12-31 | 26.42% |
| 2021-09-30 | 28.57% |
| 2021-06-30 | 27.80% |
| 2021-03-31 | 32.57% |
| 2020-12-31 | 28.06% |
| 2020-09-30 | 30.78% |
| 2020-06-30 | 30.82% |
| 2020-03-31 | 24.93% |
| 2019-12-31 | 28.29% |
| 2019-09-30 | 29.07% |
| 2019-06-30 | 28.74% |
| 2019-03-31 | 24.84% |
| 2018-12-31 | 28.35% |
| 2018-09-30 | 27.68% |
| 2018-06-30 | 25.74% |
| 2018-03-31 | 51.03% |
| 2017-12-31 | 4.17% |
| 2017-09-30 | 39.97% |
| 2017-06-30 | 35.40% |
| 2017-03-31 | 44.01% |
| 2016-12-31 | 40.77% |
| 2016-09-30 | 41.31% |
| 2016-06-30 | 38.97% |
| 2016-03-31 | 39.21% |
| 2015-12-31 | 41.64% |
| 2015-09-30 | 41.19% |
| 2015-06-30 | 41.50% |
| 2015-03-31 | 40.92% |
| 2014-12-31 | 42.01% |
| 2014-09-30 | 41.20% |
| 2014-06-02 | 41.41% |
| 2014-03-31 | 41.26% |
| 2013-12-31 | 41.23% |
| 2013-09-30 | 41.54% |
| 2013-06-30 | 41.21% |
| 2013-03-31 | 39.57% |
| 2012-12-31 | 41.83% |
| 2012-09-30 | 40.66% |
| 2012-06-30 | 40.56% |
| 2012-03-31 | 44.97% |
| 2011-12-31 | 39.43% |
| 2011-09-30 | 40.38% |
| 2011-06-30 | 41.06% |
| 2011-03-31 | 43.92% |
| 2010-12-31 | 43.26% |
| 2010-09-30 | 39.57% |
| 2010-06-30 | 39.85% |
| 2010-03-31 | 28.27% |
| 2009-12-31 | 42.45% |
| 2009-09-30 | 43.20% |
| 2009-06-30 | 43.05% |
| 2009-03-31 | 51.17% |
| 2008-12-31 | 42.43% |
| 2008-09-30 | 40.71% |
| 2008-06-30 | 41.07% |
| 2008-03-31 | 51.47% |
| 2007-12-31 | 44.37% |
| 2007-09-30 | 43.75% |
| 2007-06-30 | 43.80% |
| 2007-03-31 | 50.78% |
| 2006-12-31 | 42.20% |
| 2006-09-30 | 22.87% |
| 2006-06-30 | 41.60% |
| 2005-12-31 | 40.50% |
| 2005-09-30 | 40.50% |
| 2005-06-30 | 40.50% |
| 2005-03-31 | 41.26% |
| 2004-12-31 | 41.00% |
| 2004-09-30 | 41.00% |
| 2004-06-30 | 41.00% |
| 2004-03-31 | 43.79% |
| 2003-12-31 | 40.00% |
| 2003-09-30 | 40.76% |
| 2003-06-30 | 39.09% |
| 2003-03-31 | 41.17% |
| 2002-12-31 | 41.00% |
| 2002-09-30 | 40.97% |
