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 18.60% is in line with its 5-year average of 19.37%, around the middle of its 5-year range (12.27%–21.33%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.08% above its 12-month average of 16.90%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 18.60%.
TAX RATE
18.60%
TAX RATE AVG TTM
16.90%
TAX RATE AVG 3Y
17.56%
TAX RATE AVG 5Y
19.37%
TAX RATE AVG 10Y
19.63%
TAX RATE AVG 15Y
18.68%
TAX RATE AVG 20Y
22.05%
CURRENT VS TTM AVG
+10.08%
CURRENT VS 3Y AVG
+5.90%
CURRENT VS 5Y AVG
-3.96%
CURRENT VS 10Y AVG
-5.26%
CURRENT VS 15Y AVG
-0.42%
CURRENT VS 20Y AVG
-15.64%
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 | 18.60% |
| 2026-03-31 | 14.73% |
| 2025-12-31 | 16.08% |
| 2025-09-30 | 13.75% |
| 2025-06-30 | 21.33% |
| 2025-03-31 | 20.60% |
| 2024-12-31 | 14.48% |
| 2024-09-30 | 20.39% |
| 2024-06-30 | 12.27% |
| 2024-03-31 | 18.46% |
| 2023-12-31 | 18.04% |
| 2023-09-30 | 19.62% |
| 2023-06-30 | 20.00% |
| 2023-03-31 | 19.48% |
| 2022-12-31 | 20.78% |
| 2022-09-30 | 19.40% |
| 2022-06-30 | 19.64% |
| 2022-03-31 | 18.49% |
| 2021-12-31 | 19.59% |
| 2021-09-30 | 19.46% |
| 2021-06-30 | 19.31% |
| 2021-03-31 | 18.49% |
| 2020-12-31 | 10.49% |
| 2020-09-30 | 20.73% |
| 2020-06-30 | 20.73% |
| 2020-03-31 | 20.49% |
| 2019-12-31 | 20.20% |
| 2019-09-30 | 20.46% |
| 2019-06-30 | 20.36% |
| 2019-03-31 | 19.95% |
| 2018-12-31 | 21.41% |
| 2018-09-30 | 18.47% |
| 2018-06-30 | 19.80% |
| 2018-03-31 | 19.02% |
| 2017-12-31 | 129.72% |
| 2017-09-30 | 32.65% |
| 2017-06-30 | 32.69% |
| 2017-03-31 | 33.99% |
| 2016-12-31 | 35.03% |
| 2016-09-30 | 33.02% |
| 2016-06-30 | 32.59% |
| 2016-03-31 | 32.19% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
| 2013-12-31 | 0.00% |
| 2008-12-31 | 15.89% |
| 2008-09-30 | 29.10% |
| 2008-06-30 | 27.74% |
| 2008-03-31 | 24.85% |
| 2007-12-31 | 29.95% |
| 2007-06-30 | 28.21% |
| 2007-03-31 | 26.09% |
| 2006-12-31 | 26.89% |
| 2006-09-30 | 26.56% |
| 2006-06-30 | 72.73% |
| 2003-06-30 | 82.19% |
| 2002-12-31 | 27.24% |
| 2002-09-30 | 26.92% |
