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 35.75% is 47% above its 5-year average of 24.26%, near the high end of its 5-year range (-0.65%–35.75%).
As of the fiscal period ended Tuesday, June 30, 2026. 37.92% above its 12-month average of 25.92%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 35.75%.
TAX RATE
35.75%
TAX RATE AVG TTM
25.92%
TAX RATE AVG 3Y
25.25%
TAX RATE AVG 5Y
24.26%
TAX RATE AVG 10Y
25.90%
TAX RATE AVG 15Y
28.28%
TAX RATE AVG 20Y
28.82%
CURRENT VS TTM AVG
+37.92%
CURRENT VS 3Y AVG
+41.60%
CURRENT VS 5Y AVG
+47.34%
CURRENT VS 10Y AVG
+38.01%
CURRENT VS 15Y AVG
+26.44%
CURRENT VS 20Y AVG
+24.07%
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 | 35.75% |
| 2026-03-31 | 25.89% |
| 2025-12-31 | 10.70% |
| 2025-09-30 | 30.88% |
| 2025-06-30 | 26.37% |
| 2025-03-31 | 22.74% |
| 2024-12-31 | 17.29% |
| 2024-09-30 | 21.93% |
| 2024-06-30 | 26.03% |
| 2024-03-31 | 27.85% |
| 2023-12-31 | -0.65% |
| 2023-09-30 | 26.81% |
| 2023-06-30 | 26.67% |
| 2023-03-31 | 25.27% |
| 2022-12-31 | 20.15% |
| 2022-09-30 | 22.80% |
| 2022-06-30 | 29.41% |
| 2022-03-31 | 23.86% |
| 2021-12-31 | 23.07% |
| 2021-09-30 | 18.21% |
| 2021-06-30 | 21.52% |
| 2021-03-31 | 17.91% |
| 2020-12-31 | 26.27% |
| 2020-09-30 | 22.56% |
| 2020-06-30 | 31.18% |
| 2020-03-31 | 26.06% |
| 2019-12-31 | -12.08% |
| 2019-09-30 | 34.74% |
| 2019-06-30 | 26.15% |
| 2019-03-31 | 30.23% |
| 2018-12-31 | 23.90% |
| 2018-09-30 | 25.69% |
| 2018-06-30 | 24.73% |
| 2018-03-31 | 26.01% |
| 2017-12-31 | 50.87% |
| 2017-09-30 | 28.06% |
| 2017-06-30 | -10.96% |
| 2017-03-31 | 28.92% |
| 2016-09-30 | 30.89% |
| 2016-06-30 | 30.85% |
| 2016-03-31 | 30.66% |
| 2015-09-30 | -11.40% |
| 2015-06-30 | 43.39% |
| 2014-12-31 | 3.03% |
| 2014-06-30 | 32.39% |
| 2014-03-31 | 31.71% |
| 2013-12-31 | 51.99% |
| 2013-09-30 | 36.38% |
| 2013-06-30 | 36.32% |
| 2013-03-31 | 44.65% |
| 2012-12-31 | 27.85% |
| 2012-09-30 | 36.69% |
| 2012-06-30 | 38.02% |
| 2012-03-31 | 34.32% |
| 2011-12-31 | 32.10% |
| 2011-09-30 | 38.45% |
| 2011-06-30 | 33.46% |
| 2011-03-31 | 33.53% |
| 2010-12-31 | 13.31% |
| 2010-09-30 | 34.84% |
| 2010-06-30 | 31.78% |
| 2010-03-31 | 61.53% |
| 2009-03-31 | 108.27% |
| 2008-09-30 | 35.28% |
| 2008-06-30 | 33.15% |
| 2008-03-31 | 37.51% |
| 2007-12-31 | 29.24% |
| 2007-09-30 | 26.76% |
| 2007-06-30 | 38.03% |
| 2007-03-31 | -9.22% |
| 2006-09-30 | 31.45% |
| 2006-06-30 | 27.92% |
| 2006-03-31 | 29.74% |
| 2005-12-31 | 36.44% |
| 2005-09-30 | 18.21% |
| 2005-06-30 | 33.74% |
| 2005-03-31 | 35.97% |
| 2004-12-31 | 24.10% |
| 2004-09-30 | 38.00% |
| 2004-06-30 | 38.00% |
| 2004-03-31 | 38.58% |
| 2003-12-31 | 40.00% |
| 2003-06-30 | 40.00% |
| 2003-03-31 | 40.00% |
| 2002-12-31 | 37.31% |
| 2002-09-30 | 63.14% |