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 27.99% is in line with its 5-year average of 25.92%, around the middle of its 5-year range (10.07%–41.73%).
As of the fiscal period ended Tuesday, June 30, 2026. 13.58% above its 12-month average of 24.65%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 27.99%.
TAX RATE
27.99%
TAX RATE AVG TTM
24.65%
TAX RATE AVG 3Y
24.91%
TAX RATE AVG 5Y
25.92%
TAX RATE AVG 10Y
25.03%
TAX RATE AVG 15Y
28.46%
TAX RATE AVG 20Y
30.63%
CURRENT VS TTM AVG
+13.58%
CURRENT VS 3Y AVG
+12.40%
CURRENT VS 5Y AVG
+7.98%
CURRENT VS 10Y AVG
+11.84%
CURRENT VS 15Y AVG
-1.65%
CURRENT VS 20Y AVG
-8.61%
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 | 27.99% |
| 2025-12-31 | 24.78% |
| 2025-09-30 | 20.81% |
| 2025-06-30 | 25.01% |
| 2025-03-31 | 21.93% |
| 2024-12-31 | 10.07% |
| 2024-09-30 | 25.15% |
| 2024-06-30 | 26.46% |
| 2024-03-31 | 26.42% |
| 2023-12-31 | 21.08% |
| 2023-09-30 | 27.01% |
| 2023-06-30 | 27.33% |
| 2023-03-31 | 25.38% |
| 2022-12-31 | 41.73% |
| 2022-09-30 | 25.42% |
| 2022-06-30 | 25.24% |
| 2022-03-31 | 24.81% |
| 2021-12-31 | 31.33% |
| 2021-09-30 | 25.55% |
| 2021-06-30 | 26.39% |
| 2021-03-31 | 12.94% |
| 2020-12-31 | 21.46% |
| 2020-09-30 | 23.88% |
| 2020-06-30 | 26.62% |
| 2020-03-31 | 18.94% |
| 2019-12-31 | 24.96% |
| 2019-09-30 | 21.85% |
| 2019-06-30 | 24.57% |
| 2019-03-31 | 0.00% |
| 2018-12-31 | 4.11% |
| 2018-09-30 | 24.92% |
| 2018-06-30 | 21.61% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | -32.30% |
| 2017-09-30 | 35.17% |
| 2017-06-30 | 37.35% |
| 2017-03-31 | 33.94% |
| 2016-09-30 | 39.37% |
| 2016-06-30 | -20.69% |
| 2016-03-31 | 35.78% |
| 2015-12-31 | 67.93% |
| 2015-09-30 | 35.99% |
| 2015-06-30 | 35.01% |
| 2015-03-31 | 37.29% |
| 2014-09-30 | 37.85% |
| 2014-06-30 | 38.87% |
| 2013-12-31 | -68.59% |
| 2013-06-30 | 38.64% |
| 2012-09-30 | 36.83% |
| 2012-06-30 | 33.94% |
| 2012-03-31 | 39.12% |
| 2011-09-30 | 45.22% |
| 2011-06-30 | 41.71% |
| 2011-03-31 | 48.37% |
| 2010-09-30 | -78.93% |
| 2010-06-30 | 46.40% |
| 2009-09-30 | 29.80% |
| 2009-06-30 | 112.58% |
| 2008-09-30 | 34.66% |
| 2008-06-30 | 36.87% |
| 2008-03-31 | 32.89% |
| 2007-12-31 | 129.96% |
| 2007-09-30 | 34.48% |
| 2007-06-30 | 38.68% |
| 2007-03-31 | 35.52% |
| 2006-09-30 | 38.09% |
| 2006-06-30 | 36.41% |
| 2006-03-31 | 39.00% |
| 2005-12-31 | 39.00% |
| 2005-09-30 | 39.00% |
| 2005-06-30 | 37.27% |
| 2005-03-31 | 39.00% |
| 2004-12-31 | 36.81% |
| 2004-09-30 | 39.50% |
| 2004-06-30 | 39.50% |
| 2004-03-31 | 39.50% |
| 2003-12-31 | 37.61% |
| 2003-09-30 | 40.00% |
| 2003-06-30 | 40.00% |
| 2003-03-31 | 40.00% |
| 2002-12-31 | 37.87% |
| 2002-09-30 | 40.50% |
