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 15.25% is 22% below its 5-year average of 19.43%, near the low end of its 5-year range (15.25%–21.50%).
As of the fiscal period ended Tuesday, June 30, 2026. 13.86% below its 12-month average of 17.71%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 15.25%.
TAX RATE
15.25%
TAX RATE AVG TTM
17.71%
TAX RATE AVG 3Y
18.89%
TAX RATE AVG 5Y
19.43%
TAX RATE AVG 10Y
19.19%
TAX RATE AVG 15Y
21.17%
TAX RATE AVG 20Y
23.05%
CURRENT VS TTM AVG
-13.86%
CURRENT VS 3Y AVG
-19.25%
CURRENT VS 5Y AVG
-21.51%
CURRENT VS 10Y AVG
-20.50%
CURRENT VS 15Y AVG
-27.96%
CURRENT VS 20Y AVG
-33.81%
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 | 15.25% |
| 2026-03-31 | 18.70% |
| 2025-12-31 | 16.41% |
| 2025-09-30 | 19.67% |
| 2025-06-30 | 18.51% |
| 2025-03-31 | 20.00% |
| 2024-12-31 | 16.94% |
| 2024-09-30 | 18.01% |
| 2024-06-30 | 18.52% |
| 2024-03-31 | 19.09% |
| 2023-12-31 | 19.67% |
| 2023-09-30 | 21.50% |
| 2023-06-30 | 19.68% |
| 2023-03-31 | 21.15% |
| 2022-12-31 | 16.60% |
| 2022-09-30 | 20.50% |
| 2022-06-30 | 20.50% |
| 2022-03-31 | 20.50% |
| 2021-12-31 | 21.08% |
| 2021-09-30 | 20.88% |
| 2021-06-30 | 20.76% |
| 2021-03-31 | 20.98% |
| 2020-12-31 | 19.00% |
| 2020-09-30 | 21.53% |
| 2020-06-30 | 19.33% |
| 2020-03-31 | 15.61% |
| 2019-12-31 | 20.31% |
| 2019-09-30 | 17.45% |
| 2019-06-30 | 16.84% |
| 2019-03-31 | 18.50% |
| 2018-12-31 | 17.88% |
| 2018-09-30 | 19.53% |
| 2018-06-30 | 17.65% |
| 2018-03-31 | 16.42% |
| 2017-12-31 | 20.81% |
| 2017-09-30 | 26.89% |
| 2017-06-30 | 30.81% |
| 2017-03-31 | 26.05% |
| 2016-12-31 | 27.88% |
| 2016-09-30 | 25.00% |
| 2016-06-30 | 28.26% |
| 2016-03-31 | 25.08% |
| 2015-12-31 | 24.32% |
| 2015-09-30 | 25.00% |
| 2015-06-30 | 25.99% |
| 2015-03-31 | 24.95% |
| 2014-12-31 | 23.12% |
| 2014-09-30 | 25.42% |
| 2014-06-30 | 25.01% |
| 2014-03-31 | 22.00% |
| 2013-12-31 | -6.21% |
| 2013-09-30 | 20.09% |
| 2013-06-30 | 21.26% |
| 2013-03-31 | 23.07% |
| 2012-12-31 | -1.56% |
| 2012-09-30 | 9.58% |
| 2012-06-30 | 29.57% |
| 2012-03-31 | 8.48% |
| 2011-12-31 | -4.44% |
| 2011-09-30 | 27.62% |
| 2011-06-30 | 22.14% |
| 2011-03-31 | 24.25% |
| 2010-12-31 | 13.79% |
| 2010-09-30 | 31.72% |
| 2010-06-30 | 31.12% |
| 2010-03-31 | 30.12% |
| 2009-12-31 | 32.92% |
| 2009-09-30 | 33.77% |
| 2009-06-30 | 22.13% |
| 2009-03-31 | 35.77% |
| 2008-12-31 | 30.94% |
| 2008-09-30 | 18.09% |
| 2008-06-30 | 33.26% |
| 2007-12-31 | 33.19% |
| 2007-09-30 | 32.70% |
| 2007-06-30 | 32.99% |
| 2007-03-31 | 32.60% |
| 2006-12-31 | 30.98% |
| 2006-09-30 | 29.04% |
| 2006-06-30 | 31.75% |
| 2006-03-31 | 32.62% |
| 2005-12-31 | -41.13% |
| 2005-09-30 | 29.19% |
| 2005-06-30 | 33.00% |
| 2005-03-31 | 28.99% |
| 2004-12-31 | 31.93% |
| 2004-09-30 | 32.07% |
| 2004-06-30 | 33.00% |
| 2004-03-31 | 33.01% |
| 2003-12-31 | 32.42% |
| 2003-09-30 | 32.93% |
| 2003-06-30 | 33.08% |
| 2003-03-31 | 33.50% |
| 2002-12-31 | 34.53% |
| 2002-09-30 | 34.70% |
