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 17.81% is in line with its 5-year average of 17.50%, around the middle of its 5-year range (15.59%–18.77%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.27% below its 12-month average of 18.04%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 17.81%.
TAX RATE
17.81%
TAX RATE AVG TTM
18.04%
TAX RATE AVG 3Y
18.02%
TAX RATE AVG 5Y
17.50%
TAX RATE AVG 10Y
17.03%
TAX RATE AVG 15Y
20.17%
TAX RATE AVG 20Y
21.96%
CURRENT VS TTM AVG
-1.27%
CURRENT VS 3Y AVG
-1.19%
CURRENT VS 5Y AVG
+1.75%
CURRENT VS 10Y AVG
+4.56%
CURRENT VS 15Y AVG
-11.73%
CURRENT VS 20Y AVG
-18.93%
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 | 17.81% |
| 2026-03-31 | 18.54% |
| 2025-12-31 | 18.13% |
| 2025-09-30 | 17.25% |
| 2025-06-30 | 18.45% |
| 2025-03-31 | 18.38% |
| 2024-12-31 | 17.99% |
| 2024-09-30 | 17.86% |
| 2024-06-30 | 17.53% |
| 2024-03-31 | 17.70% |
| 2023-12-31 | 17.91% |
| 2023-09-30 | 17.96% |
| 2023-06-30 | 18.77% |
| 2023-03-31 | 18.19% |
| 2022-12-31 | 17.03% |
| 2022-09-30 | 16.93% |
| 2022-06-30 | 16.46% |
| 2022-03-31 | 15.59% |
| 2021-12-31 | 16.12% |
| 2021-09-30 | 16.50% |
| 2021-06-30 | 16.42% |
| 2021-03-31 | 16.26% |
| 2020-12-31 | 17.14% |
| 2020-09-30 | 16.35% |
| 2020-06-30 | 16.63% |
| 2020-03-31 | 16.27% |
| 2019-12-31 | 16.86% |
| 2019-09-30 | 17.07% |
| 2019-06-30 | 16.96% |
| 2019-03-31 | 16.15% |
| 2018-12-31 | 14.65% |
| 2018-09-30 | 15.73% |
| 2018-06-30 | 16.09% |
| 2018-03-31 | 15.32% |
| 2017-12-31 | 4.03% |
| 2017-09-30 | 23.84% |
| 2017-06-30 | 23.13% |
| 2017-03-31 | 22.23% |
| 2016-12-31 | 22.20% |
| 2016-09-30 | 22.52% |
| 2016-06-30 | 23.78% |
| 2016-03-31 | 23.15% |
| 2015-12-31 | 23.11% |
| 2015-09-30 | 23.66% |
| 2015-06-30 | 24.20% |
| 2015-03-31 | 24.45% |
| 2014-12-31 | 24.50% |
| 2014-09-30 | 25.08% |
| 2014-06-30 | 24.17% |
| 2014-03-31 | 24.13% |
| 2013-12-31 | 24.73% |
| 2013-09-30 | 23.83% |
| 2013-06-30 | 24.78% |
| 2013-03-25 | 24.97% |
| 2012-12-31 | 25.00% |
| 2012-09-30 | 25.64% |
| 2012-06-30 | 25.15% |
| 2012-03-31 | 25.37% |
| 2011-12-31 | 25.67% |
| 2011-09-30 | 26.32% |
| 2011-06-30 | 25.78% |
| 2011-03-31 | 25.53% |
| 2010-12-31 | 25.31% |
| 2010-09-30 | 25.88% |
| 2010-06-30 | 25.68% |
| 2010-03-31 | 25.48% |
| 2009-12-31 | 24.30% |
| 2009-09-30 | 25.36% |
| 2009-06-30 | 25.85% |
| 2009-03-31 | 26.92% |
| 2008-12-31 | 26.85% |
| 2008-09-30 | 27.93% |
| 2008-06-30 | 28.51% |
| 2008-03-31 | 28.51% |
| 2007-12-31 | 28.68% |
| 2007-09-30 | 29.07% |
| 2007-06-30 | 29.16% |
| 2007-03-31 | 28.97% |
| 2006-12-31 | 29.62% |
| 2006-09-30 | 29.53% |
| 2006-06-30 | 29.62% |
| 2006-03-31 | 29.59% |
| 2005-12-31 | 29.29% |
| 2005-09-30 | 28.73% |
| 2005-06-30 | 29.68% |
| 2005-03-31 | 30.01% |
| 2004-12-31 | 28.85% |
| 2004-09-30 | 28.62% |
| 2004-06-30 | 28.37% |
| 2004-03-31 | 29.02% |
| 2003-12-31 | 27.47% |
| 2003-09-30 | 28.97% |
| 2003-06-30 | 30.52% |
| 2003-03-31 | 30.07% |
| 2002-12-31 | 30.16% |
| 2002-09-30 | 30.22% |
