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 15.88% is 11% below its 5-year average of 17.92%, around the middle of its 5-year range (1.48%–39.05%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.03% below its 12-month average of 17.27%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 15.88%.
TAX RATE
15.88%
TAX RATE AVG TTM
17.27%
TAX RATE AVG 3Y
17.85%
TAX RATE AVG 5Y
17.92%
TAX RATE AVG 10Y
20.86%
TAX RATE AVG 15Y
20.55%
TAX RATE AVG 20Y
19.44%
CURRENT VS TTM AVG
-8.03%
CURRENT VS 3Y AVG
-11.03%
CURRENT VS 5Y AVG
-11.34%
CURRENT VS 10Y AVG
-23.85%
CURRENT VS 15Y AVG
-22.69%
CURRENT VS 20Y AVG
-18.31%
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 | 15.88% |
| 2026-03-31 | 19.90% |
| 2025-12-31 | 14.86% |
| 2025-09-30 | 18.68% |
| 2025-06-30 | 17.03% |
| 2024-12-31 | 16.63% |
| 2024-09-30 | 19.25% |
| 2024-06-30 | 20.64% |
| 2024-03-31 | 18.81% |
| 2023-12-31 | 9.94% |
| 2023-09-30 | 17.64% |
| 2023-06-30 | 17.06% |
| 2023-03-31 | 18.76% |
| 2022-12-31 | 1.48% |
| 2022-09-30 | 18.48% |
| 2022-06-30 | 18.24% |
| 2022-03-31 | 18.33% |
| 2021-12-31 | 39.05% |
| 2021-09-30 | 17.26% |
| 2021-06-30 | 17.13% |
| 2021-03-31 | 18.87% |
| 2020-12-31 | 16.68% |
| 2020-09-30 | 17.65% |
| 2020-06-30 | 17.92% |
| 2020-03-31 | 18.26% |
| 2019-12-31 | 20.21% |
| 2019-09-30 | 21.78% |
| 2019-06-30 | 23.34% |
| 2019-03-31 | 24.50% |
| 2018-12-31 | 29.95% |
| 2018-09-30 | 29.71% |
| 2018-06-30 | 29.52% |
| 2018-03-31 | 29.59% |
| 2017-12-31 | 243.67% |
| 2017-09-30 | 25.48% |
| 2017-06-30 | 30.40% |
| 2017-03-31 | 26.64% |
| 2016-12-31 | 23.29% |
| 2016-09-30 | 26.21% |
| 2016-06-30 | 27.25% |
| 2015-12-31 | 26.82% |
| 2015-09-30 | 64.46% |
| 2015-06-30 | 25.40% |
| 2015-03-31 | 26.23% |
| 2014-12-31 | 25.82% |
| 2014-09-30 | 23.46% |
| 2014-06-30 | 24.04% |
| 2014-03-31 | 19.60% |
| 2013-12-31 | 45.04% |
| 2013-09-30 | 20.60% |
| 2013-06-30 | 14.03% |
| 2013-03-31 | 152.99% |
| 2012-12-31 | 42.93% |
| 2012-09-30 | 5.39% |
| 2012-06-30 | 10.01% |
| 2012-03-31 | 9.99% |
| 2011-12-31 | 6.04% |
| 2011-09-30 | 3.24% |
| 2011-06-30 | 20.13% |
| 2011-03-31 | 19.26% |
| 2010-12-31 | 19.72% |
| 2010-09-30 | 19.50% |
| 2010-06-30 | 14.74% |
| 2010-03-31 | 17.49% |
| 2009-12-31 | -31.72% |
| 2009-09-30 | -8.72% |
| 2009-06-30 | 185.00% |
| 2008-12-31 | -5.13% |
| 2008-06-30 | 16.79% |
| 2008-03-31 | 13.01% |
| 2007-12-31 | 10.79% |
| 2007-09-30 | 11.82% |
| 2007-06-30 | 14.79% |
| 2007-03-31 | 16.53% |
| 2006-12-31 | 20.53% |
| 2006-09-30 | 19.69% |
| 2006-06-30 | 19.87% |
| 2006-03-31 | 15.05% |
| 2005-12-31 | 17.30% |
| 2005-09-30 | 15.72% |
| 2005-06-30 | 15.57% |
| 2005-03-31 | 16.16% |
| 2004-12-31 | 19.67% |
| 2004-09-30 | 22.31% |
| 2004-06-30 | 18.00% |
| 2004-03-31 | 18.83% |
| 2003-12-31 | 17.78% |
| 2003-09-30 | 13.52% |
| 2003-06-30 | 22.36% |
| 2003-03-31 | 23.40% |
| 2002-12-31 | 24.81% |
| 2002-09-30 | 29.42% |
