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 19.31% is in line with its 4-year average of 18.85%, around the middle of its 4-year range (15.69%–21.02%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.16% below its 12-month average of 19.73%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2026 (2026-06-30): 19.31%.
TAX RATE
19.31%
TAX RATE AVG TTM
19.73%
TAX RATE AVG 3Y
19.60%
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-2.16%
CURRENT VS 3Y AVG
-1.47%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 19.31% |
| 2026-03-31 | 18.52% |
| 2025-12-31 | 20.34% |
| 2025-09-30 | 20.90% |
| 2025-06-30 | 19.61% |
| 2025-03-31 | 20.38% |
| 2024-12-31 | 20.15% |
| 2024-09-30 | 17.72% |
| 2024-06-30 | 18.65% |
| 2024-03-31 | 15.69% |
| 2023-12-31 | 18.87% |
| 2023-09-30 | 21.02% |
| 2023-06-30 | 19.69% |
| 2023-03-31 | 15.86% |
| 2022-09-30 | 16.12% |