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 21.05% is 16% below its 5-year average of 24.97%, near the low end of its 5-year range (16.50%–55.72%).
As of the fiscal period ended Tuesday, June 30, 2026. 13.04% above its 12-month average of 18.62%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2026 (2026-06-30): 21.05%.
TAX RATE
21.05%
TAX RATE AVG TTM
18.62%
TAX RATE AVG 3Y
21.34%
TAX RATE AVG 5Y
24.97%
TAX RATE AVG 10Y
21.72%
TAX RATE AVG 15Y
27.04%
TAX RATE AVG 20Y
29.10%
CURRENT VS TTM AVG
+13.04%
CURRENT VS 3Y AVG
-1.37%
CURRENT VS 5Y AVG
-15.71%
CURRENT VS 10Y AVG
-3.10%
CURRENT VS 15Y AVG
-22.14%
CURRENT VS 20Y AVG
-27.67%
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 | 21.05% |
| 2026-03-31 | 16.50% |
| 2025-06-30 | 18.32% |
| 2025-03-31 | 24.55% |
| 2024-06-30 | 26.22% |
| 2024-03-31 | 23.78% |
| 2023-06-30 | 18.97% |
| 2023-03-31 | 24.47% |
| 2022-06-30 | 23.43% |
| 2022-03-31 | 21.68% |
| 2021-06-30 | 55.72% |
| 2021-04-30 | 24.58% |
| 2021-01-31 | 10.73% |
| 2020-06-16 | 27.82% |
| 2019-04-30 | 22.02% |
| 2018-04-30 | 6.91% |
| 2017-04-30 | 35.10% |
| 2016-04-30 | 38.53% |
| 2015-04-30 | 38.50% |
| 2014-04-30 | 37.17% |
| 2013-04-30 | 39.02% |
| 2012-04-30 | 39.72% |
| 2011-04-30 | 38.88% |
| 2010-04-30 | 37.64% |
| 2010-01-31 | 44.99% |
| 2009-04-30 | 39.92% |
| 2009-01-31 | 34.31% |
| 2008-04-30 | 39.82% |
| 2007-04-30 | 41.85% |
| 2007-01-31 | 0.82% |
| 2006-04-30 | 40.11% |
| 2005-04-30 | 37.49% |
| 2005-01-31 | 38.85% |
| 2004-04-30 | 39.54% |
| 2004-01-31 | 39.40% |
| 2003-10-31 | 39.44% |
| 2003-07-31 | 38.82% |
| 2003-04-30 | 41.27% |
| 2003-01-31 | 40.65% |
