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 19.40% is in line with its 5-year average of 19.81%, around the middle of its 5-year range (-22.97%–38.20%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.54% above its 12-month average of 18.38%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2026 (2026-06-30): 19.40%.
TAX RATE
19.40%
TAX RATE AVG TTM
18.38%
TAX RATE AVG 3Y
18.60%
TAX RATE AVG 5Y
19.81%
TAX RATE AVG 10Y
22.67%
TAX RATE AVG 15Y
26.55%
TAX RATE AVG 20Y
29.09%
CURRENT VS TTM AVG
+5.54%
CURRENT VS 3Y AVG
+4.31%
CURRENT VS 5Y AVG
-2.11%
CURRENT VS 10Y AVG
-14.43%
CURRENT VS 15Y AVG
-26.93%
CURRENT VS 20Y AVG
-33.32%
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 | 19.40% |
| 2026-03-31 | 19.66% |
| 2025-12-31 | 19.47% |
| 2025-10-27 | 18.34% |
| 2025-06-30 | 15.03% |
| 2025-03-31 | 20.02% |
| 2024-12-31 | 19.20% |
| 2024-09-30 | 37.23% |
| 2024-06-30 | 38.20% |
| 2024-03-31 | 20.07% |
| 2023-12-31 | -22.97% |
| 2023-06-30 | 16.18% |
| 2023-03-31 | 19.01% |
| 2022-12-31 | 17.76% |
| 2022-09-30 | 21.48% |
| 2022-06-30 | 20.98% |
| 2022-03-31 | 22.07% |
| 2021-12-31 | 20.38% |
| 2021-09-30 | 22.45% |
| 2021-06-30 | 20.57% |
| 2021-03-31 | 20.95% |
| 2020-12-31 | 19.06% |
| 2020-09-30 | 22.19% |
| 2020-06-30 | 20.71% |
| 2020-03-31 | 16.16% |
| 2019-12-31 | 18.07% |
| 2019-09-30 | 22.83% |
| 2019-06-30 | 21.62% |
| 2019-03-31 | 21.94% |
| 2018-12-31 | 21.20% |
| 2018-09-30 | 26.60% |
| 2018-06-30 | 26.28% |
| 2018-03-31 | 26.46% |
| 2017-12-31 | 2.63% |
| 2017-09-30 | 35.77% |
| 2017-06-30 | 33.59% |
| 2017-03-31 | 33.96% |
| 2016-12-31 | 33.57% |
| 2016-09-30 | 31.49% |
| 2016-06-30 | 31.57% |
| 2016-03-31 | 32.17% |
| 2015-12-31 | 30.84% |
| 2015-09-30 | 33.24% |
| 2015-06-30 | 31.77% |
| 2015-03-31 | 33.50% |
| 2014-12-31 | 31.71% |
| 2014-09-30 | 32.89% |
| 2014-06-30 | 31.40% |
| 2014-03-31 | 33.18% |
| 2013-12-31 | 32.64% |
| 2013-09-30 | 34.89% |
| 2013-06-30 | 34.38% |
| 2013-03-31 | 34.50% |
| 2012-12-31 | 33.53% |
| 2012-09-30 | 35.62% |
| 2012-06-30 | 36.41% |
| 2012-03-31 | 35.98% |
| 2011-12-31 | 35.03% |
| 2011-09-30 | 34.58% |
| 2011-06-30 | 33.79% |
| 2011-03-31 | 32.96% |
| 2010-09-30 | 35.97% |
| 2010-06-30 | 36.04% |
| 2010-03-31 | 36.06% |
| 2009-12-31 | 34.68% |
| 2009-09-30 | 37.11% |
| 2009-06-30 | 37.17% |
| 2009-03-31 | 36.81% |
| 2008-12-31 | 36.90% |
| 2008-09-30 | 37.77% |
| 2008-06-30 | 36.45% |
| 2008-03-31 | 34.70% |
| 2007-12-31 | 36.21% |
| 2007-09-30 | 40.42% |
| 2007-06-30 | 37.10% |
| 2007-03-31 | 39.83% |
| 2006-12-31 | 38.58% |
| 2006-09-30 | 38.87% |
| 2006-06-30 | 39.28% |
| 2006-03-31 | 39.28% |
| 2005-12-31 | 39.04% |
| 2005-09-30 | 39.28% |
| 2005-06-30 | 37.98% |
| 2005-03-31 | 38.33% |
| 2004-12-31 | 37.70% |
| 2004-06-30 | 40.30% |
| 2004-03-31 | 40.38% |
| 2003-12-31 | 40.40% |
| 2003-09-30 | 38.00% |
| 2003-06-30 | 39.15% |
| 2003-03-31 | 39.17% |
| 2002-12-31 | 38.98% |
| 2002-09-30 | 39.28% |
