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 19.03% is in line with its 5-year average of 18.38%, near the high end of its 5-year range (11.36%–19.84%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.56% above its 12-month average of 18.55%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 19.03%.
TAX RATE
19.03%
TAX RATE AVG TTM
18.55%
TAX RATE AVG 3Y
17.75%
TAX RATE AVG 5Y
18.38%
TAX RATE AVG 10Y
18.18%
TAX RATE AVG 15Y
18.82%
TAX RATE AVG 20Y
18.58%
CURRENT VS TTM AVG
+2.56%
CURRENT VS 3Y AVG
+7.21%
CURRENT VS 5Y AVG
+3.53%
CURRENT VS 10Y AVG
+4.68%
CURRENT VS 15Y AVG
+1.12%
CURRENT VS 20Y AVG
+2.43%
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 | 19.03% |
| 2026-03-31 | 18.50% |
| 2025-12-31 | 17.98% |
| 2025-09-30 | 19.84% |
| 2025-06-30 | 17.42% |
| 2025-03-31 | 19.11% |
| 2024-12-31 | 19.09% |
| 2024-09-30 | 17.93% |
| 2024-06-30 | 17.15% |
| 2024-03-31 | 17.84% |
| 2023-06-30 | 11.36% |
| 2023-03-31 | 17.36% |
| 2022-12-31 | 14.81% |
| 2022-03-31 | 18.99% |
| 2021-12-31 | 19.15% |
| 2021-06-30 | 17.94% |
| 2021-03-31 | 17.42% |
| 2020-12-31 | 21.04% |
| 2020-09-30 | 17.41% |
| 2020-06-30 | 18.97% |
| 2020-03-31 | -49.06% |
| 2019-12-31 | 23.05% |
| 2019-09-30 | 17.74% |
| 2019-06-30 | 13.53% |
| 2019-03-31 | 14.24% |
| 2018-09-30 | 5.53% |
| 2017-09-30 | 16.49% |
| 2017-03-31 | 24.09% |
| 2016-12-31 | 18.74% |
| 2016-09-30 | 25.13% |
| 2016-06-30 | 28.73% |
| 2016-03-31 | 26.03% |
| 2015-12-31 | 37.67% |
| 2015-09-30 | 18.77% |
| 2015-06-30 | 22.97% |
| 2015-03-31 | 23.97% |
| 2014-12-31 | -8.30% |
| 2014-09-30 | 17.57% |
| 2014-06-30 | 16.43% |
| 2013-12-31 | 21.93% |
| 2013-09-30 | 19.55% |
| 2013-06-30 | 8.15% |
| 2013-03-31 | 19.89% |
| 2012-12-31 | 11.43% |
| 2012-09-30 | 22.92% |
| 2012-06-30 | 4.35% |
| 2012-03-31 | 18.66% |
| 2011-03-31 | 15.03% |
| 2010-12-31 | -72.10% |
| 2010-09-30 | 2.48% |
| 2010-06-30 | 7.01% |
| 2010-03-31 | 14.80% |
| 2009-12-31 | 5.50% |
| 2009-09-30 | 8.42% |
| 2009-06-30 | 14.53% |
| 2009-03-31 | 20.00% |
| 2008-12-31 | 12.41% |
| 2008-09-30 | 19.60% |
| 2008-06-30 | 19.19% |
| 2008-03-31 | 22.86% |
| 2007-12-31 | 28.12% |
| 2007-09-30 | 28.55% |
| 2007-06-30 | 28.60% |
| 2007-03-31 | 21.96% |
| 2006-12-31 | 29.79% |
| 2006-09-30 | 27.95% |
| 2006-06-30 | 29.35% |
| 2006-03-31 | 28.66% |
| 2005-12-31 | 28.71% |
| 2005-09-30 | 28.66% |
| 2005-06-30 | 29.89% |
| 2005-03-31 | 30.56% |
| 2004-12-31 | 28.84% |
| 2004-09-30 | 28.41% |
| 2004-06-30 | 30.48% |
| 2004-03-31 | 29.67% |
| 2003-12-31 | 29.78% |
| 2003-09-30 | 27.29% |
| 2003-06-30 | 29.52% |
| 2003-03-31 | 24.36% |
| 2002-12-31 | 27.42% |
| 2002-09-30 | 26.38% |
