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 20.59% is in line with its 5-year average of 19.01%, near the high end of its 5-year range (6.87%–22.81%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.54% above its 12-month average of 19.89%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 20.59%.
TAX RATE
20.59%
TAX RATE AVG TTM
19.89%
TAX RATE AVG 3Y
19.17%
TAX RATE AVG 5Y
19.01%
TAX RATE AVG 10Y
18.10%
TAX RATE AVG 15Y
22.44%
TAX RATE AVG 20Y
23.84%
CURRENT VS TTM AVG
+3.54%
CURRENT VS 3Y AVG
+7.45%
CURRENT VS 5Y AVG
+8.34%
CURRENT VS 10Y AVG
+13.77%
CURRENT VS 15Y AVG
-8.23%
CURRENT VS 20Y AVG
-13.63%
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 | 20.59% |
| 2026-03-31 | 20.52% |
| 2025-12-31 | 18.56% |
| 2025-09-30 | 19.84% |
| 2025-06-30 | 19.94% |
| 2025-03-31 | 21.10% |
| 2024-12-31 | 19.07% |
| 2024-09-30 | 17.92% |
| 2024-06-30 | 22.81% |
| 2024-03-31 | 17.93% |
| 2023-12-31 | 15.55% |
| 2023-09-30 | 17.63% |
| 2023-06-30 | 17.69% |
| 2023-03-31 | 17.63% |
| 2022-12-31 | 18.44% |
| 2022-09-30 | 19.96% |
| 2022-06-30 | 17.48% |
| 2022-03-31 | 6.87% |
| 2021-12-31 | 14.08% |
| 2021-09-30 | 18.61% |
| 2021-06-30 | 19.91% |
| 2021-03-31 | 19.22% |
| 2020-12-31 | 18.22% |
| 2020-09-30 | 17.77% |
| 2020-06-30 | 15.62% |
| 2020-03-31 | 16.06% |
| 2019-12-31 | 17.90% |
| 2019-09-30 | 17.70% |
| 2019-06-30 | 16.47% |
| 2019-03-31 | 15.43% |
| 2018-12-31 | 14.90% |
| 2018-09-30 | 18.11% |
| 2018-06-30 | 17.33% |
| 2018-03-31 | 17.37% |
| 2017-12-31 | 6.27% |
| 2017-09-30 | 26.66% |
| 2017-06-30 | 25.82% |
| 2017-03-31 | 28.56% |
| 2016-12-31 | 27.54% |
| 2016-09-30 | 28.73% |
| 2016-06-30 | 30.27% |
| 2016-03-31 | 25.54% |
| 2015-12-31 | 27.59% |
| 2015-09-30 | 23.93% |
| 2015-06-30 | 28.62% |
| 2015-03-31 | 31.13% |
| 2014-12-31 | 28.87% |
| 2014-09-30 | 30.85% |
| 2014-06-30 | 29.49% |
| 2014-03-31 | 30.23% |
| 2013-12-31 | 29.46% |
| 2013-09-30 | 31.41% |
| 2013-06-30 | 33.08% |
| 2013-03-31 | 30.21% |
| 2012-12-31 | 29.15% |
| 2012-09-30 | 31.48% |
| 2012-06-30 | 31.16% |
| 2012-03-31 | 31.09% |
| 2011-12-31 | 25.80% |
| 2011-09-30 | 30.72% |
| 2011-06-30 | 31.06% |
| 2011-03-31 | 21.95% |
| 2010-12-31 | 32.48% |
| 2010-09-30 | 29.45% |
| 2010-06-30 | 29.06% |
| 2010-03-31 | 27.14% |
| 2009-12-31 | 19.06% |
| 2009-09-30 | 26.95% |
| 2009-06-30 | 25.42% |
| 2009-03-31 | 27.43% |
| 2008-12-31 | 26.63% |
| 2008-09-30 | 30.46% |
| 2008-06-30 | 32.94% |
| 2008-03-31 | 32.27% |
| 2007-12-31 | 31.21% |
| 2007-09-30 | 31.74% |
| 2007-06-30 | 31.81% |
| 2007-03-31 | 23.09% |
| 2006-12-31 | 24.85% |
| 2006-09-30 | 30.41% |
| 2006-06-30 | 28.05% |
| 2006-03-31 | 28.35% |
| 2005-12-31 | 26.58% |
| 2005-09-30 | 27.15% |
| 2005-06-30 | 23.14% |
| 2005-03-31 | 25.12% |
| 2004-12-31 | -286.00% |
| 2004-09-30 | 18.29% |
| 2004-06-30 | 19.67% |
| 2004-03-31 | 14.16% |
| 2003-12-31 | -1.52% |
| 2003-09-30 | 14.50% |
| 2003-06-30 | 14.12% |
| 2003-03-31 | 19.56% |
| 2002-12-31 | 14.83% |
| 2002-09-30 | 16.49% |
