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 15.65% is 16% below its 5-year average of 18.62%, near the high end of its 5-year range (-59.46%–29.19%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.87% above its 12-month average of 14.38%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 15.65%.
TAX RATE
15.65%
TAX RATE AVG TTM
14.38%
TAX RATE AVG 3Y
17.48%
TAX RATE AVG 5Y
18.62%
TAX RATE AVG 10Y
19.17%
TAX RATE AVG 15Y
21.90%
TAX RATE AVG 20Y
21.90%
CURRENT VS TTM AVG
+8.87%
CURRENT VS 3Y AVG
-10.46%
CURRENT VS 5Y AVG
-15.95%
CURRENT VS 10Y AVG
-18.37%
CURRENT VS 15Y AVG
-28.52%
CURRENT VS 20Y AVG
-28.52%
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 | 15.65% |
| 2026-03-31 | 15.59% |
| 2025-12-31 | 10.02% |
| 2025-06-30 | 16.25% |
| 2025-03-31 | 18.28% |
| 2024-12-31 | 17.11% |
| 2024-09-30 | 18.84% |
| 2024-06-30 | 17.45% |
| 2024-03-31 | 17.98% |
| 2023-12-31 | 29.19% |
| 2023-09-30 | 17.43% |
| 2023-06-30 | 20.23% |
| 2023-03-31 | 21.36% |
| 2022-12-31 | 20.58% |
| 2022-09-30 | 20.26% |
| 2022-06-30 | -59.46% |
| 2022-03-31 | 20.86% |
| 2021-12-31 | 21.50% |
| 2021-09-30 | 18.56% |
| 2021-03-31 | 24.25% |
| 2020-12-31 | 16.49% |
| 2020-06-30 | 19.32% |
| 2020-03-31 | 14.30% |
| 2019-12-31 | -15.20% |
| 2019-09-30 | 19.09% |
| 2019-06-30 | 19.98% |
| 2019-03-31 | 19.71% |
| 2018-12-31 | 18.76% |
| 2018-09-30 | 20.08% |
| 2018-06-30 | 19.44% |
| 2018-03-31 | 10.94% |
| 2017-12-31 | 28.12% |
| 2017-09-30 | 30.60% |
| 2017-06-30 | 27.87% |
| 2017-03-31 | 29.99% |
| 2016-12-31 | 29.77% |
| 2016-09-30 | 27.82% |
| 2016-06-30 | 28.96% |
| 2016-03-31 | 29.56% |
| 2015-12-31 | 27.75% |
| 2015-09-30 | 29.82% |
| 2015-06-30 | 29.20% |
| 2015-03-31 | 29.06% |
| 2014-12-31 | 33.52% |
| 2014-09-30 | 26.61% |
| 2014-06-30 | 18.70% |
| 2014-03-31 | 21.53% |
| 2013-12-31 | 23.22% |
| 2013-09-30 | 22.15% |
| 2013-06-30 | 21.26% |
| 2013-03-31 | 17.89% |
| 2005-12-31 | 28.37% |
| 2005-09-30 | 29.43% |
| 2005-06-30 | 29.27% |
| 2005-03-31 | 29.86% |
| 2004-12-31 | 28.06% |
| 2004-09-30 | 28.52% |
| 2004-06-30 | 25.70% |
| 2004-03-31 | 18.67% |
| 2003-12-31 | 25.75% |
| 2003-09-30 | 26.47% |
| 2003-06-30 | 15.09% |
| 2003-03-31 | 26.67% |
