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 15.43% is in line with its 5-year average of 16.20%, around the middle of its 5-year range (11.23%–21.51%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.22% above its 12-month average of 14.95%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 15.43%.
TAX RATE
15.43%
TAX RATE AVG TTM
14.95%
TAX RATE AVG 3Y
15.28%
TAX RATE AVG 5Y
16.20%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+3.22%
CURRENT VS 3Y AVG
+0.99%
CURRENT VS 5Y AVG
-4.73%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 15.43% |
| 2026-03-31 | 12.46% |
| 2025-12-31 | 18.11% |
| 2025-09-30 | 11.23% |
| 2025-06-30 | 17.52% |
| 2025-03-31 | 14.15% |
| 2024-12-31 | 15.38% |
| 2024-09-30 | 14.59% |
| 2024-06-30 | 12.56% |
| 2023-09-30 | 20.42% |
| 2023-06-30 | 16.23% |
| 2022-12-31 | 18.89% |
| 2022-09-30 | 18.95% |
| 2022-06-30 | 21.51% |
| 2022-03-31 | 18.37% |
| 2021-12-31 | 13.86% |
| 2021-06-30 | 15.70% |
| 2021-03-31 | 17.12% |
| 2020-12-31 | 567.56% |
| 2020-09-30 | 15.45% |
| 2020-06-30 | 17.27% |
| 2020-03-31 | 16.40% |