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 22.96% is in line with its 5-year average of 22.60%, near the high end of its 5-year range (-103.26%–27.34%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.75% above its 12-month average of 22.57%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 22.96%.
TAX RATE
22.96%
TAX RATE AVG TTM
22.57%
TAX RATE AVG 3Y
22.34%
TAX RATE AVG 5Y
22.60%
TAX RATE AVG 10Y
22.97%
TAX RATE AVG 15Y
25.58%
TAX RATE AVG 20Y
26.03%
CURRENT VS TTM AVG
+1.75%
CURRENT VS 3Y AVG
+2.78%
CURRENT VS 5Y AVG
+1.62%
CURRENT VS 10Y AVG
-0.02%
CURRENT VS 15Y AVG
-10.23%
CURRENT VS 20Y AVG
-11.78%
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 | 22.96% |
| 2026-03-31 | 22.66% |
| 2025-12-31 | 22.23% |
| 2025-09-30 | 23.03% |
| 2025-06-30 | 21.95% |
| 2025-03-31 | 22.13% |
| 2024-09-30 | 22.24% |
| 2024-06-30 | 22.56% |
| 2024-03-31 | 22.30% |
| 2023-12-31 | -103.26% |
| 2023-09-30 | 21.66% |
| 2023-06-30 | 22.05% |
| 2023-03-31 | 21.75% |
| 2022-12-31 | 25.49% |
| 2022-06-30 | 24.43% |
| 2022-03-31 | 27.34% |
| 2021-12-31 | 19.36% |
| 2021-09-30 | 23.70% |
| 2021-06-30 | 23.30% |
| 2021-03-31 | 25.84% |
| 2020-12-31 | -2.67% |
| 2020-09-30 | 24.05% |
| 2020-06-30 | 24.41% |
| 2020-03-31 | 3.38% |
| 2019-12-31 | 12.33% |
| 2019-09-30 | 24.00% |
| 2019-06-30 | 24.74% |
| 2019-03-31 | 20.63% |
| 2018-09-30 | 8.95% |
| 2018-06-30 | 22.20% |
| 2018-03-31 | 20.11% |
| 2017-09-30 | 3.62% |
| 2017-06-30 | 37.76% |
| 2017-03-31 | 35.81% |
| 2016-12-31 | 12.39% |
| 2016-09-30 | 36.37% |
| 2016-06-30 | 37.18% |
| 2016-03-31 | 37.66% |
| 2015-12-31 | 27.88% |
| 2015-09-30 | 37.27% |
| 2015-06-30 | 38.19% |
| 2015-03-31 | 37.84% |
| 2014-12-31 | 39.93% |
| 2014-09-30 | 36.70% |
| 2014-06-30 | 37.33% |
| 2014-03-31 | 16.35% |
| 2013-12-31 | -816.15% |
| 2013-09-30 | 35.52% |
| 2013-06-30 | 37.37% |
| 2013-03-31 | 37.00% |
| 2012-12-31 | 4.92% |
| 2012-09-30 | 34.93% |
| 2012-06-30 | 28.66% |
| 2012-03-31 | 28.62% |
| 2011-12-31 | 46.82% |
| 2011-09-30 | 7.69% |
| 2011-06-30 | -45.11% |
| 2010-09-30 | 38.09% |
| 2010-06-30 | -394.71% |
| 2009-09-30 | 5.17% |
| 2009-06-30 | 31.09% |
| 2009-03-31 | 34.55% |
| 2008-06-30 | 31.96% |
| 2008-03-31 | 29.28% |
| 2007-12-31 | 37.49% |
| 2007-06-30 | 24.18% |
| 2007-03-31 | 29.59% |
| 2006-12-31 | 28.10% |
| 2006-09-30 | 27.76% |
| 2006-06-30 | 18.95% |
| 2006-03-31 | 22.15% |
| 2005-12-31 | 26.42% |
| 2005-09-30 | 32.15% |
| 2005-06-30 | 21.57% |
| 2005-03-31 | -6.94% |
| 2004-12-31 | 35.09% |
| 2004-09-30 | -8.90% |
| 2004-06-30 | 30.13% |
| 2004-03-31 | 25.24% |
| 2003-12-31 | -524.51% |
| 2003-09-30 | 31.90% |
| 2003-06-30 | 36.13% |
| 2003-03-31 | 28.13% |
| 2002-12-31 | 33.82% |
| 2002-09-30 | 24.80% |
