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 23.31% is in line with its 5-year average of 25.11%, near the high end of its 5-year range (-173.68%–46.92%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.26% below its 12-month average of 24.86%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 23.31%.
TAX RATE
23.31%
TAX RATE AVG TTM
24.86%
TAX RATE AVG 3Y
23.19%
TAX RATE AVG 5Y
25.11%
TAX RATE AVG 10Y
25.60%
TAX RATE AVG 15Y
27.33%
TAX RATE AVG 20Y
29.15%
CURRENT VS TTM AVG
-6.26%
CURRENT VS 3Y AVG
+0.49%
CURRENT VS 5Y AVG
-7.20%
CURRENT VS 10Y AVG
-8.98%
CURRENT VS 15Y AVG
-14.71%
CURRENT VS 20Y AVG
-20.04%
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 | 23.31% |
| 2026-03-31 | 24.94% |
| 2025-12-31 | 8.82% |
| 2025-09-30 | 20.31% |
| 2025-06-30 | 46.92% |
| 2025-03-31 | 21.95% |
| 2024-12-31 | 33.33% |
| 2024-09-30 | 26.17% |
| 2024-06-30 | 24.16% |
| 2024-03-31 | 22.06% |
| 2023-12-31 | 2.44% |
| 2023-09-30 | 23.95% |
| 2023-06-30 | 21.89% |
| 2023-03-31 | 27.92% |
| 2022-12-31 | 23.99% |
| 2022-06-30 | 27.89% |
| 2022-03-31 | 26.22% |
| 2021-12-31 | -173.68% |
| 2021-06-30 | 28.63% |
| 2021-03-31 | 25.27% |
| 2020-12-31 | 21.89% |
| 2020-09-30 | 25.26% |
| 2020-06-30 | 18.97% |
| 2019-12-31 | 23.76% |
| 2019-09-30 | 24.21% |
| 2019-06-30 | 22.31% |
| 2019-03-31 | 21.66% |
| 2018-12-31 | 20.23% |
| 2018-09-30 | 6.65% |
| 2018-06-30 | 17.35% |
| 2018-03-31 | 27.33% |
| 2017-12-31 | -376.29% |
| 2017-09-30 | 33.09% |
| 2017-06-30 | 31.57% |
| 2017-03-31 | 29.99% |
| 2016-12-31 | 35.66% |
| 2016-09-30 | 30.90% |
| 2016-06-30 | 33.16% |
| 2016-03-31 | 28.92% |
| 2015-12-31 | 21.10% |
| 2015-09-30 | 40.39% |
| 2015-06-30 | 39.01% |
| 2015-03-31 | 32.05% |
| 2014-12-31 | 30.95% |
| 2014-09-30 | 31.84% |
| 2014-06-30 | 34.02% |
| 2014-03-31 | 31.48% |
| 2013-12-31 | 36.83% |
| 2013-09-30 | 31.60% |
| 2013-03-31 | 33.46% |
| 2012-12-31 | 30.55% |
| 2012-09-30 | 28.29% |
| 2012-06-30 | 34.64% |
| 2012-03-31 | 31.78% |
| 2011-12-31 | 28.13% |
| 2011-09-30 | 13.94% |
| 2011-06-30 | 33.78% |
| 2011-03-31 | 34.33% |
| 2010-12-31 | 28.54% |
| 2010-09-30 | 34.96% |
| 2010-06-30 | 35.87% |
| 2010-03-31 | 36.66% |
| 2009-12-31 | 29.82% |
| 2009-09-30 | 35.25% |
| 2009-06-30 | 28.89% |
| 2009-03-31 | 31.91% |
| 2008-12-31 | 24.88% |
| 2008-09-30 | 22.42% |
| 2008-06-30 | 35.19% |
| 2008-03-31 | 35.46% |
| 2007-12-31 | 35.14% |
| 2007-09-30 | 33.63% |
| 2007-06-30 | 36.11% |
| 2007-03-31 | 35.47% |
| 2006-12-31 | 35.00% |
| 2006-09-30 | 35.72% |
| 2006-06-30 | 34.53% |
| 2006-03-31 | 34.77% |
| 2005-12-31 | 36.46% |
| 2005-09-30 | 35.26% |
| 2005-06-30 | 22.84% |
| 2005-03-31 | 33.09% |
| 2004-12-31 | 30.00% |
| 2004-09-30 | 34.91% |
| 2004-06-30 | 35.11% |
| 2004-03-31 | 33.56% |
| 2003-12-31 | 35.31% |
| 2003-09-30 | 32.99% |
| 2003-06-30 | 34.96% |
| 2003-03-31 | 33.48% |
| 2002-12-31 | 28.00% |
| 2002-09-30 | 35.73% |
