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 17.20% is in line with its 5-year average of 18.64%, around the middle of its 5-year range (8.56%–23.42%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.12% above its 12-month average of 15.61%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 17.20%.
TAX RATE
17.20%
TAX RATE AVG TTM
15.61%
TAX RATE AVG 3Y
18.56%
TAX RATE AVG 5Y
18.64%
TAX RATE AVG 10Y
18.73%
TAX RATE AVG 15Y
21.96%
TAX RATE AVG 20Y
21.69%
CURRENT VS TTM AVG
+10.12%
CURRENT VS 3Y AVG
-7.33%
CURRENT VS 5Y AVG
-7.74%
CURRENT VS 10Y AVG
-8.18%
CURRENT VS 15Y AVG
-21.71%
CURRENT VS 20Y AVG
-20.73%
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 | 17.20% |
| 2026-03-31 | 16.58% |
| 2025-12-31 | 8.56% |
| 2025-09-30 | 17.35% |
| 2025-06-30 | 18.38% |
| 2025-03-31 | 18.49% |
| 2024-12-31 | 18.92% |
| 2024-09-30 | 20.13% |
| 2024-06-30 | 20.02% |
| 2024-03-31 | 19.32% |
| 2023-12-31 | 23.42% |
| 2023-09-30 | 18.98% |
| 2023-06-30 | 18.75% |
| 2023-03-31 | 18.17% |
| 2022-12-31 | 18.84% |
| 2022-09-30 | 18.59% |
| 2022-06-30 | 18.13% |
| 2022-03-31 | 18.60% |
| 2021-12-31 | 19.16% |
| 2021-09-30 | 18.75% |
| 2021-06-30 | 17.70% |
| 2021-03-31 | 18.81% |
| 2020-12-31 | 19.38% |
| 2020-09-30 | 19.61% |
| 2020-06-30 | 19.26% |
| 2020-03-31 | 16.42% |
| 2019-12-31 | 19.43% |
| 2019-09-30 | 20.07% |
| 2019-06-30 | 20.03% |
| 2019-03-31 | 18.77% |
| 2018-12-31 | 18.58% |
| 2018-09-30 | 19.68% |
| 2018-06-30 | 18.99% |
| 2018-03-31 | 18.20% |
| 2017-12-31 | 84.77% |
| 2017-09-30 | 31.53% |
| 2017-06-30 | 30.99% |
| 2017-03-31 | 30.49% |
| 2016-12-31 | 30.65% |
| 2016-09-30 | 31.85% |
| 2016-06-30 | 28.85% |
| 2016-03-31 | 32.31% |
| 2015-12-31 | 32.49% |
| 2015-09-30 | 31.10% |
| 2015-06-30 | 31.83% |
| 2015-03-31 | 32.01% |
| 2014-12-31 | 28.25% |
| 2014-09-30 | 32.24% |
| 2014-06-30 | 23.38% |
| 2014-03-31 | 31.86% |
| 2013-12-31 | 21.55% |
| 2013-09-30 | 7.45% |
| 2013-06-30 | -818.80% |
| 2013-03-31 | 0.60% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2010-06-30 | 1.94% |
| 2008-06-30 | 12.29% |
| 2007-12-31 | -0.66% |
| 2007-09-30 | 4.17% |
| 2007-03-31 | 7.27% |
| 2006-12-31 | 37.73% |
| 2006-09-30 | 27.21% |
| 2006-06-30 | 27.63% |
| 2006-03-31 | 21.58% |
| 2005-12-31 | 27.76% |
| 2005-09-30 | 27.44% |
| 2005-06-30 | 28.96% |
| 2005-03-31 | 27.62% |
| 2004-12-31 | 25.97% |
| 2004-09-30 | 27.91% |
| 2004-06-30 | 25.64% |
| 2004-03-31 | 25.63% |
| 2003-12-31 | 24.93% |
| 2003-09-30 | 27.38% |
| 2003-06-30 | 27.07% |
| 2003-03-31 | 27.53% |
| 2002-12-31 | 27.17% |
| 2002-09-30 | 27.83% |