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 18.41% is 68% below its 5-year average of 57.16%, near the low end of its 5-year range (-88.22%–296.68%).
As of the fiscal period ended Tuesday, June 30, 2026.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 18.41%.
TAX RATE
18.41%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
10.09%
TAX RATE AVG 5Y
57.16%
TAX RATE AVG 10Y
18.36%
TAX RATE AVG 15Y
29.65%
TAX RATE AVG 20Y
37.89%
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
+82.48%
CURRENT VS 5Y AVG
-67.79%
CURRENT VS 10Y AVG
+0.27%
CURRENT VS 15Y AVG
-37.90%
CURRENT VS 20Y AVG
-51.41%
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 | 18.41% |
| 2024-06-30 | 1.77% |
| 2022-03-31 | 296.68% |
| 2021-06-30 | -88.22% |
| 2021-03-31 | 6.45% |
| 2020-09-30 | 1.46% |
| 2020-06-30 | -36.98% |
| 2020-03-31 | 31.82% |
| 2019-09-30 | 27.46% |
| 2019-06-30 | -15.63% |
| 2019-03-31 | 62.27% |
| 2018-12-31 | 51.61% |
| 2018-09-30 | 25.11% |
| 2018-06-30 | 16.23% |
| 2018-03-31 | 242.34% |
| 2017-12-31 | -15.00% |
| 2017-06-30 | 19.22% |
| 2017-03-31 | 21.26% |
| 2016-12-31 | 51.60% |
| 2016-09-30 | 45.09% |
| 2016-06-30 | 278.09% |
| 2016-03-31 | 30.01% |
| 2015-12-31 | 19.09% |
| 2015-09-30 | 46.52% |
| 2015-06-30 | 46.41% |
| 2014-12-31 | 28.34% |
| 2014-09-30 | 33.60% |
| 2014-06-30 | 33.88% |
| 2014-03-31 | 34.80% |
| 2013-12-31 | -10.68% |
| 2013-09-30 | 35.46% |
| 2013-06-30 | 37.03% |
| 2013-03-31 | 39.08% |
| 2012-12-31 | 49.53% |
| 2012-09-30 | 34.56% |
| 2012-06-30 | 40.41% |
| 2012-03-31 | 43.14% |
| 2011-12-31 | 57.06% |
| 2011-09-30 | 45.86% |
| 2011-06-30 | 44.39% |
| 2011-03-31 | 49.05% |
| 2010-12-31 | 61.35% |
| 2010-09-30 | 45.31% |
| 2010-06-30 | 24.35% |
| 2010-03-31 | 38.90% |
| 2009-12-31 | 57.02% |
| 2009-09-30 | 44.50% |
| 2009-06-30 | 42.45% |
| 2009-03-31 | 43.51% |
| 2008-12-31 | 46.91% |
| 2008-09-30 | 42.77% |
| 2008-06-30 | 37.01% |
| 2008-03-31 | 46.79% |
| 2007-12-31 | 34.97% |
| 2007-09-30 | 44.53% |
| 2007-06-30 | 41.64% |
| 2007-03-31 | 47.41% |
| 2006-12-31 | 45.71% |
| 2006-09-30 | 43.39% |
| 2006-06-30 | 53.97% |
| 2006-03-31 | 57.80% |
| 2005-12-31 | 59.70% |
| 2005-09-30 | 54.61% |
| 2005-06-30 | 54.61% |
| 2005-03-31 | 55.96% |
| 2004-12-31 | 54.95% |
| 2004-09-30 | 54.84% |
| 2004-06-30 | 55.32% |
| 2004-03-31 | 54.33% |
| 2003-12-31 | 82.47% |
| 2003-09-30 | 51.56% |
| 2003-06-30 | 55.31% |
| 2003-03-31 | 55.74% |
| 2002-12-31 | 80.75% |
| 2002-09-30 | 51.14% |