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 20.89% is in line with its 5-year average of 21.24%, near the high end of its 5-year range (13.89%–22.34%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.41% below its 12-month average of 20.97%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 20.89%.
TAX RATE
20.89%
TAX RATE AVG TTM
20.97%
TAX RATE AVG 3Y
21.15%
TAX RATE AVG 5Y
21.24%
TAX RATE AVG 10Y
21.11%
TAX RATE AVG 15Y
25.82%
TAX RATE AVG 20Y
27.80%
CURRENT VS TTM AVG
-0.41%
CURRENT VS 3Y AVG
-1.25%
CURRENT VS 5Y AVG
-1.65%
CURRENT VS 10Y AVG
-1.03%
CURRENT VS 15Y AVG
-19.09%
CURRENT VS 20Y AVG
-24.87%
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 | 20.89% |
| 2026-03-31 | 21.02% |
| 2025-12-31 | 21.86% |
| 2025-09-30 | 20.60% |
| 2025-06-30 | 20.50% |
| 2025-03-31 | 20.00% |
| 2024-12-31 | 13.89% |
| 2024-09-30 | 21.42% |
| 2024-06-30 | 22.34% |
| 2024-03-31 | 21.02% |
| 2023-12-31 | 21.63% |
| 2023-09-30 | 21.19% |
| 2023-06-30 | 21.38% |
| 2023-03-31 | 21.16% |
| 2022-12-31 | 21.86% |
| 2022-09-30 | 21.45% |
| 2022-06-30 | 21.29% |
| 2022-03-31 | 21.29% |
| 2021-12-31 | 20.55% |
| 2021-09-30 | 21.09% |
| 2021-06-30 | 22.09% |
| 2021-03-31 | 20.51% |
| 2020-12-31 | 22.14% |
| 2020-09-30 | 19.52% |
| 2020-06-30 | 21.01% |
| 2020-03-31 | 21.10% |
| 2019-12-31 | 20.77% |
| 2019-09-30 | 21.54% |
| 2019-06-30 | 21.75% |
| 2019-03-31 | 20.35% |
| 2018-12-31 | 20.01% |
| 2018-09-30 | 21.43% |
| 2018-06-30 | 20.72% |
| 2018-03-31 | 21.07% |
| 2017-12-31 | 24.20% |
| 2017-09-30 | 33.97% |
| 2017-06-30 | 24.62% |
| 2017-03-31 | 33.50% |
| 2016-12-31 | 31.55% |
| 2016-09-30 | 29.36% |
| 2016-06-30 | 33.14% |
| 2016-03-31 | 34.19% |
| 2015-12-31 | 31.92% |
| 2015-09-30 | 34.50% |
| 2015-06-30 | 34.69% |
| 2015-03-31 | 34.47% |
| 2014-12-31 | 34.64% |
| 2014-09-30 | 33.39% |
| 2014-06-30 | 33.69% |
| 2014-03-31 | 31.99% |
| 2013-12-31 | 31.22% |
| 2013-09-30 | 32.42% |
| 2013-06-30 | 33.34% |
| 2013-03-31 | 25.36% |
| 2012-12-31 | 33.54% |
| 2012-09-30 | 32.90% |
| 2012-06-30 | 32.30% |
| 2012-03-31 | 29.37% |
| 2011-12-31 | 33.29% |
| 2011-09-30 | 33.11% |
| 2011-06-30 | 33.76% |
| 2011-03-31 | 33.82% |
| 2010-12-31 | 42.95% |
| 2010-09-30 | 28.66% |
| 2010-06-30 | 34.53% |
| 2010-03-31 | 34.18% |
| 2009-12-31 | 37.23% |
| 2009-09-30 | 34.25% |
| 2009-06-30 | 34.70% |
| 2009-03-31 | 34.97% |
| 2008-12-31 | 34.04% |
| 2008-09-30 | 33.97% |
| 2008-06-30 | 34.78% |
| 2008-03-31 | 34.83% |
| 2007-12-31 | 26.67% |
| 2007-09-30 | 33.33% |
| 2007-06-30 | 33.83% |
| 2007-03-31 | 32.13% |
| 2006-12-31 | 33.96% |
| 2006-09-30 | 31.86% |
| 2006-06-30 | 32.40% |
| 2006-03-31 | 32.42% |
| 2005-12-31 | 35.94% |
| 2005-09-30 | 31.37% |
| 2005-06-30 | 33.33% |
| 2005-03-31 | 33.82% |
| 2004-12-31 | 33.68% |
| 2004-09-30 | 31.46% |
| 2004-06-30 | 32.83% |
| 2004-03-31 | 32.92% |
| 2003-12-31 | 33.80% |
| 2003-09-30 | 33.02% |
| 2003-06-30 | 32.12% |
| 2003-03-31 | 33.42% |
| 2002-12-31 | 32.00% |
| 2002-09-30 | 34.68% |
