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 19.04% is in line with its 5-year average of 19.16%, near the high end of its 5-year range (-18.33%–21.15%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.34% below its 12-month average of 20.33%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 19.04%.
TAX RATE
19.04%
TAX RATE AVG TTM
20.33%
TAX RATE AVG 3Y
19.66%
TAX RATE AVG 5Y
19.16%
TAX RATE AVG 10Y
18.91%
TAX RATE AVG 15Y
24.31%
TAX RATE AVG 20Y
26.54%
CURRENT VS TTM AVG
-6.34%
CURRENT VS 3Y AVG
-3.15%
CURRENT VS 5Y AVG
-0.60%
CURRENT VS 10Y AVG
+0.67%
CURRENT VS 15Y AVG
-21.68%
CURRENT VS 20Y AVG
-28.26%
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 | 19.04% |
| 2026-03-31 | 20.44% |
| 2025-12-31 | 21.15% |
| 2025-09-30 | 20.68% |
| 2025-06-30 | 20.33% |
| 2025-03-31 | 19.35% |
| 2024-12-31 | 3.03% |
| 2024-09-30 | 19.15% |
| 2024-06-30 | 18.70% |
| 2024-03-31 | 17.90% |
| 2023-12-31 | 20.53% |
| 2023-09-30 | 19.53% |
| 2023-06-30 | 19.08% |
| 2023-03-31 | 19.71% |
| 2022-12-31 | 13.05% |
| 2022-09-30 | -18.33% |
| 2022-06-30 | 20.17% |
| 2022-03-31 | 18.46% |
| 2021-12-31 | 14.00% |
| 2021-09-30 | 10.47% |
| 2021-06-30 | 17.40% |
| 2021-03-31 | 18.00% |
| 2020-12-31 | 10.00% |
| 2020-09-30 | 18.34% |
| 2020-06-30 | 17.61% |
| 2020-03-31 | 17.15% |
| 2019-12-31 | 16.04% |
| 2019-09-30 | 19.56% |
| 2019-06-30 | 20.03% |
| 2019-03-31 | 17.79% |
| 2018-12-31 | 17.64% |
| 2018-09-30 | 20.25% |
| 2018-06-30 | 20.39% |
| 2018-03-31 | 20.06% |
| 2017-12-31 | -119.51% |
| 2017-09-30 | 31.09% |
| 2017-06-30 | 33.03% |
| 2017-03-31 | 30.01% |
| 2016-12-31 | 31.86% |
| 2016-09-30 | 30.71% |
| 2016-06-30 | 33.38% |
| 2016-03-31 | 33.27% |
| 2015-12-31 | 31.07% |
| 2015-09-30 | 33.01% |
| 2015-06-30 | 32.88% |
| 2015-03-31 | 32.41% |
| 2014-12-31 | 29.46% |
| 2014-09-30 | 31.99% |
| 2014-06-30 | 33.29% |
| 2014-03-31 | 31.92% |
| 2013-12-31 | -47.39% |
| 2013-09-30 | 33.89% |
| 2013-06-30 | 28.97% |
| 2013-03-31 | 31.48% |
| 2012-12-31 | 36.11% |
| 2012-09-30 | 35.43% |
| 2012-06-30 | 32.84% |
| 2012-03-31 | 36.18% |
| 2011-12-31 | 36.77% |
| 2011-09-30 | 38.24% |
| 2011-06-30 | 35.69% |
| 2011-03-31 | 35.17% |
| 2010-12-31 | 36.19% |
| 2010-09-30 | 36.20% |
| 2010-06-30 | 34.81% |
| 2010-03-31 | 35.05% |
| 2009-12-31 | 33.39% |
| 2009-09-30 | 37.81% |
| 2009-06-30 | 32.62% |
| 2009-03-31 | 34.59% |
| 2008-12-31 | 15.11% |
| 2008-09-30 | 31.18% |
| 2008-06-30 | 33.26% |
| 2008-03-31 | 32.56% |
| 2007-12-31 | 34.47% |
| 2007-09-30 | 33.46% |
| 2007-06-30 | 32.99% |
| 2007-03-31 | 32.95% |
| 2006-09-30 | 36.32% |
| 2006-06-30 | 35.26% |
| 2006-03-31 | 28.41% |
| 2005-12-31 | -11.40% |
| 2005-09-30 | 29.36% |
| 2005-06-30 | 33.21% |
| 2005-03-31 | 31.61% |
| 2004-12-31 | 31.77% |
| 2004-09-30 | 30.98% |
| 2004-06-30 | 32.23% |
| 2004-03-31 | 32.57% |
| 2003-12-31 | 27.64% |
| 2003-09-30 | 31.36% |
| 2003-06-30 | 32.10% |
| 2003-03-31 | 34.02% |
| 2002-12-31 | 30.65% |
| 2002-09-30 | 30.36% |
