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 19.81% is in line with its 5-year average of 18.67%, near the high end of its 5-year range (7.94%–23.10%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.09% above its 12-month average of 19.40%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 19.81%.
TAX RATE
19.81%
TAX RATE AVG TTM
19.40%
TAX RATE AVG 3Y
19.30%
TAX RATE AVG 5Y
18.67%
TAX RATE AVG 10Y
16.74%
TAX RATE AVG 15Y
19.53%
TAX RATE AVG 20Y
20.97%
CURRENT VS TTM AVG
+2.09%
CURRENT VS 3Y AVG
+2.61%
CURRENT VS 5Y AVG
+6.08%
CURRENT VS 10Y AVG
+18.32%
CURRENT VS 15Y AVG
+1.43%
CURRENT VS 20Y AVG
-5.54%
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 | 19.81% |
| 2026-03-31 | 19.10% |
| 2025-12-31 | 17.59% |
| 2025-09-30 | 21.39% |
| 2025-06-30 | 19.12% |
| 2025-03-31 | 19.18% |
| 2024-12-31 | 20.43% |
| 2024-09-30 | 20.66% |
| 2024-06-30 | 7.94% |
| 2024-03-31 | 18.02% |
| 2023-12-31 | 20.69% |
| 2023-09-30 | 18.85% |
| 2023-06-30 | 16.79% |
| 2023-03-31 | 17.87% |
| 2022-12-31 | 15.86% |
| 2022-09-30 | 17.81% |
| 2022-06-30 | 18.61% |
| 2022-03-31 | 17.09% |
| 2021-12-31 | 23.10% |
| 2021-09-30 | 15.88% |
| 2021-06-30 | 15.59% |
| 2021-03-31 | 15.98% |
| 2020-12-31 | 9.54% |
| 2020-09-30 | 13.39% |
| 2020-06-30 | 14.19% |
| 2020-03-31 | 9.58% |
| 2019-12-31 | 13.19% |
| 2019-09-30 | 13.90% |
| 2019-06-30 | 14.19% |
| 2019-03-31 | 15.61% |
| 2018-12-31 | 8.65% |
| 2018-09-30 | 11.46% |
| 2018-06-30 | 9.05% |
| 2018-03-31 | 12.52% |
| 2017-12-31 | 44.43% |
| 2017-09-30 | 20.55% |
| 2017-06-30 | 16.63% |
| 2017-03-31 | 24.13% |
| 2016-12-31 | 19.52% |
| 2016-09-30 | 24.22% |
| 2016-06-30 | 21.91% |
| 2016-03-31 | 23.86% |
| 2015-12-31 | 26.53% |
| 2015-09-30 | 23.17% |
| 2015-06-30 | 24.92% |
| 2015-03-31 | 25.22% |
| 2014-12-31 | 23.21% |
| 2014-09-30 | 25.79% |
| 2014-06-30 | 25.43% |
| 2014-03-31 | 25.41% |
| 2013-12-31 | 22.67% |
| 2013-09-30 | 25.73% |
| 2013-06-30 | 24.50% |
| 2013-03-31 | 23.03% |
| 2012-12-31 | 30.25% |
| 2012-09-30 | 24.18% |
| 2012-06-30 | 25.09% |
| 2012-03-31 | 26.19% |
| 2011-12-31 | 24.75% |
| 2011-09-30 | 25.47% |
| 2011-06-30 | 26.55% |
| 2011-03-31 | 26.81% |
| 2010-12-31 | 26.00% |
| 2010-09-30 | 25.35% |
| 2010-06-30 | 26.26% |
| 2010-03-31 | 25.22% |
| 2009-12-31 | 18.69% |
| 2009-09-30 | 19.97% |
| 2009-06-30 | 15.49% |
| 2009-03-31 | 10.73% |
| 2008-09-30 | 25.02% |
| 2008-06-30 | 31.70% |
| 2008-03-31 | 25.50% |
| 2007-12-31 | 28.79% |
| 2007-09-30 | 27.89% |
| 2007-06-30 | 30.23% |
| 2007-03-31 | 30.27% |
| 2006-12-31 | 29.68% |
| 2006-09-30 | 30.80% |
| 2006-06-30 | 30.49% |
| 2006-03-31 | 29.94% |
| 2005-12-31 | 29.88% |
| 2005-09-30 | 30.13% |
| 2005-06-30 | 29.87% |
| 2005-03-31 | 30.33% |
| 2004-12-31 | 29.82% |
| 2004-09-30 | 31.19% |
| 2004-06-30 | 29.92% |
| 2004-03-31 | 29.70% |
| 2003-12-31 | 30.09% |
| 2003-09-30 | 30.61% |
| 2003-06-30 | 29.55% |
| 2003-03-31 | 29.93% |
| 2002-12-31 | 30.41% |
| 2002-09-30 | 29.97% |
