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 19.51% is 35% above its 5-year average of 14.50%, near the high end of its 5-year range (-175.91%–50.18%).
As of the fiscal period ended Tuesday, June 30, 2026. 11.83% above its 12-month average of 17.45%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 19.51%.
TAX RATE
19.51%
TAX RATE AVG TTM
17.45%
TAX RATE AVG 3Y
13.92%
TAX RATE AVG 5Y
14.50%
TAX RATE AVG 10Y
9.88%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+11.83%
CURRENT VS 3Y AVG
+40.11%
CURRENT VS 5Y AVG
+34.57%
CURRENT VS 10Y AVG
+97.45%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 19.51% |
| 2026-03-31 | 17.82% |
| 2025-12-31 | 15.40% |
| 2025-09-30 | 15.93% |
| 2025-06-30 | 18.57% |
| 2025-03-31 | -175.91% |
| 2024-12-31 | 3.48% |
| 2024-09-30 | 15.51% |
| 2024-06-30 | 21.51% |
| 2023-12-31 | -4.87% |
| 2023-09-30 | 6.03% |
| 2023-06-30 | 24.27% |
| 2022-12-31 | 50.18% |
| 2022-09-30 | -28.05% |
| 2022-06-30 | 47.53% |
| 2021-12-31 | 28.66% |
| 2021-09-30 | -92.19% |
| 2021-06-30 | 6.64% |
| 2020-12-31 | -9.36% |
| 2020-09-30 | -5.18% |
| 2020-06-30 | -3.36% |
| 2019-09-30 | 9.82% |
| 2019-06-30 | 13.24% |
| 2019-03-31 | 9.23% |
| 2018-12-31 | 17.87% |
| 2018-09-30 | 16.40% |
| 2018-03-31 | 156.75% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |