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 18.57% is 11% above its 5-year average of 16.77%, near the high end of its 5-year range (8.18%–18.62%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.20% above its 12-month average of 16.85%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 18.57%.
TAX RATE
18.57%
TAX RATE AVG TTM
16.85%
TAX RATE AVG 3Y
16.66%
TAX RATE AVG 5Y
16.77%
TAX RATE AVG 10Y
16.56%
TAX RATE AVG 15Y
18.94%
TAX RATE AVG 20Y
19.04%
CURRENT VS TTM AVG
+10.20%
CURRENT VS 3Y AVG
+11.47%
CURRENT VS 5Y AVG
+10.71%
CURRENT VS 10Y AVG
+12.11%
CURRENT VS 15Y AVG
-1.99%
CURRENT VS 20Y AVG
-2.50%
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 | 18.57% |
| 2026-03-31 | 18.57% |
| 2025-12-31 | 17.46% |
| 2025-09-30 | 14.88% |
| 2025-06-30 | 14.77% |
| 2025-03-31 | 16.97% |
| 2024-12-31 | 18.62% |
| 2024-09-30 | 15.77% |
| 2024-06-30 | 16.77% |
| 2024-03-31 | 16.46% |
| 2023-12-31 | 17.78% |
| 2023-09-30 | 14.87% |
| 2023-06-30 | 15.04% |
| 2023-03-31 | 8.28% |
| 2022-12-31 | 17.15% |
| 2022-09-30 | 17.67% |
| 2022-06-30 | 16.53% |
| 2022-03-31 | 15.91% |
| 2021-12-31 | 8.18% |
| 2021-09-30 | 17.34% |
| 2021-06-30 | 17.50% |
| 2021-03-31 | 17.56% |
| 2020-12-31 | 17.15% |
| 2020-09-30 | 18.35% |
| 2020-06-30 | 14.76% |
| 2020-03-31 | 16.41% |
| 2019-12-31 | 18.43% |
| 2019-09-30 | 18.45% |
| 2019-06-30 | 14.83% |
| 2019-03-31 | 15.77% |
| 2018-12-31 | 15.43% |
| 2018-09-30 | 12.77% |
| 2018-06-30 | 16.43% |
| 2018-03-31 | 14.96% |
| 2017-12-31 | 43.82% |
| 2017-09-30 | 25.14% |
| 2017-06-30 | 25.98% |
| 2017-03-31 | 25.43% |
| 2016-12-31 | 27.30% |
| 2016-09-30 | 26.79% |
| 2016-06-30 | 26.75% |
| 2016-03-31 | 25.83% |
| 2015-12-31 | 21.08% |
| 2015-09-30 | 25.18% |
| 2015-06-30 | 33.50% |
| 2015-03-31 | 21.82% |
| 2014-12-31 | 21.76% |
| 2014-09-30 | 23.21% |
| 2014-06-30 | 23.45% |
| 2014-03-31 | 22.25% |
| 2013-12-31 | 21.83% |
| 2013-09-30 | 8.15% |
| 2013-06-30 | 17.78% |
| 2013-03-31 | 19.80% |
| 2012-12-31 | 23.83% |
| 2012-09-30 | 23.34% |
| 2012-06-30 | 22.98% |
| 2012-03-31 | 23.87% |
| 2011-12-31 | 24.17% |
| 2011-09-30 | 22.36% |
| 2011-06-30 | 21.13% |
| 2011-03-31 | 15.96% |
| 2010-12-31 | 21.50% |
| 2010-09-30 | 26.73% |
| 2010-06-30 | 23.30% |
| 2010-03-31 | -0.83% |
| 2009-12-31 | -0.21% |
| 2009-09-30 | 16.12% |
| 2009-06-30 | 17.89% |
| 2009-03-31 | 19.62% |
| 2008-12-31 | 16.14% |
| 2008-09-30 | 1.87% |
| 2008-06-30 | 16.72% |
| 2008-03-31 | 18.41% |
| 2007-12-31 | 4.84% |
| 2007-09-30 | 20.92% |
| 2007-06-30 | 19.49% |
| 2007-03-31 | 15.31% |
| 2006-12-31 | 19.86% |
| 2006-09-30 | 20.59% |
| 2006-06-30 | 22.02% |
| 2006-03-31 | 23.78% |
| 2005-12-31 | 23.87% |
| 2005-09-30 | 24.75% |
| 2005-06-30 | 25.00% |
| 2005-03-31 | 26.75% |
| 2004-09-30 | 27.65% |
| 2004-06-30 | 28.17% |
| 2004-03-31 | 28.18% |
| 2003-12-31 | 29.26% |
| 2003-09-30 | 29.34% |
| 2003-06-30 | 29.65% |
| 2003-03-31 | 29.29% |
| 2002-12-31 | 31.09% |
| 2002-09-30 | 29.57% |
