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 19.84% is 10% below its 5-year average of 22.13%, near the high end of its 5-year range (-43.82%–31.58%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.28% 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): 19.84%.
TAX RATE
19.84%
TAX RATE AVG TTM
19.40%
TAX RATE AVG 3Y
22.70%
TAX RATE AVG 5Y
22.13%
TAX RATE AVG 10Y
21.39%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+2.28%
CURRENT VS 3Y AVG
-12.59%
CURRENT VS 5Y AVG
-10.35%
CURRENT VS 10Y AVG
-7.24%
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 | 19.84% |
| 2026-03-31 | 19.49% |
| 2025-12-31 | 18.45% |
| 2025-09-30 | 24.51% |
| 2025-06-30 | 14.71% |
| 2025-03-31 | 27.06% |
| 2024-12-31 | -1.01% |
| 2024-09-30 | 31.58% |
| 2024-06-30 | 26.44% |
| 2024-03-31 | 18.52% |
| 2023-12-31 | 23.53% |
| 2023-09-30 | 18.57% |
| 2023-06-30 | 29.70% |
| 2023-03-31 | 25.00% |
| 2022-12-31 | 17.04% |
| 2022-09-30 | 19.85% |
| 2022-06-30 | 19.05% |
| 2022-03-31 | 29.60% |
| 2021-12-31 | -43.82% |
| 2021-09-30 | 30.77% |
| 2021-06-30 | 6.83% |
| 2020-12-31 | 51.85% |
| 2020-09-30 | -10.00% |
| 2020-06-30 | 550.00% |
| 2020-03-31 | 1.89% |
| 2019-12-31 | -51.11% |
| 2019-09-30 | 47.22% |
| 2019-06-30 | 24.14% |
| 2019-03-31 | 24.74% |
| 2018-12-31 | 58.25% |
| 2018-06-30 | -40.19% |
| 2018-03-31 | 48.67% |
| 2017-09-30 | 22.97% |
| 2017-06-30 | -5.00% |
| 2017-03-31 | 14.77% |
