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 18.40% is in line with its 5-year average of 16.99%, near the low end of its 5-year range (14.03%–31.20%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.93% below its 12-month average of 20.21%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 18.40%.
TAX RATE
18.40%
TAX RATE AVG TTM
20.21%
TAX RATE AVG 3Y
16.62%
TAX RATE AVG 5Y
16.99%
TAX RATE AVG 10Y
15.02%
TAX RATE AVG 15Y
15.29%
TAX RATE AVG 20Y
15.55%
CURRENT VS TTM AVG
-8.93%
CURRENT VS 3Y AVG
+10.76%
CURRENT VS 5Y AVG
+8.30%
CURRENT VS 10Y AVG
+22.52%
CURRENT VS 15Y AVG
+20.36%
CURRENT VS 20Y AVG
+18.35%
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 | 18.40% |
| 2026-03-31 | 16.48% |
| 2025-12-31 | 31.20% |
| 2025-09-30 | 16.51% |
| 2025-06-30 | 18.45% |
| 2025-03-31 | 18.76% |
| 2024-12-31 | 17.11% |
| 2024-09-30 | 14.60% |
| 2024-06-30 | 14.95% |
| 2024-03-31 | 14.03% |
| 2023-12-31 | 16.03% |
| 2023-09-30 | 17.51% |
| 2023-06-30 | 16.55% |
| 2023-03-31 | 16.92% |
| 2022-12-31 | 17.67% |
| 2022-09-30 | 17.32% |
| 2022-06-30 | 16.95% |
| 2022-03-31 | 16.49% |
| 2021-12-31 | 17.40% |
| 2021-09-30 | 16.35% |
| 2021-06-30 | 16.01% |
| 2021-03-31 | 16.17% |
| 2020-09-30 | 14.42% |
| 2020-06-30 | 11.76% |
| 2020-03-31 | 6.21% |
| 2019-12-31 | -18.47% |
| 2019-09-30 | 12.42% |
| 2019-06-30 | 11.44% |
| 2019-03-31 | 9.08% |
| 2018-12-31 | 11.88% |
| 2018-09-30 | 8.85% |
| 2018-06-30 | 7.31% |
| 2018-03-31 | 7.11% |
| 2017-12-31 | 23.50% |
| 2017-09-30 | 17.50% |
| 2017-06-30 | 18.94% |
| 2017-03-31 | 14.50% |
| 2016-12-31 | 11.53% |
| 2016-09-30 | 17.52% |
| 2016-06-30 | 16.13% |
| 2016-03-31 | 12.65% |
| 2015-12-31 | 14.03% |
| 2015-09-30 | 19.78% |
| 2015-06-30 | 19.25% |
| 2015-03-31 | 17.35% |
| 2014-12-31 | 15.83% |
| 2014-09-30 | 11.54% |
| 2014-06-30 | 16.26% |
| 2014-03-31 | 14.47% |
| 2013-12-31 | 9.39% |
| 2013-09-30 | 17.02% |
| 2013-06-30 | 16.68% |
| 2013-03-31 | 15.72% |
| 2012-12-31 | 0.75% |
| 2012-09-30 | 20.64% |
| 2012-06-30 | 18.28% |
| 2012-03-31 | 19.29% |
| 2011-12-31 | 4.07% |
| 2011-09-30 | 11.74% |
| 2011-06-30 | 15.55% |
| 2011-03-31 | 15.13% |
| 2010-12-31 | 16.26% |
| 2010-09-30 | 16.46% |
| 2010-06-30 | 14.64% |
| 2010-03-31 | 12.23% |
| 2009-12-31 | 2.95% |
| 2009-09-30 | 16.05% |
| 2009-06-30 | 15.57% |
| 2009-03-31 | -3.34% |
| 2008-09-30 | 17.62% |
| 2008-06-30 | 7.29% |
| 2008-03-31 | 12.33% |
| 2007-12-31 | 15.88% |
| 2007-09-30 | 18.13% |
| 2007-06-30 | 18.52% |
| 2007-03-31 | 14.78% |
| 2006-12-31 | 22.70% |
| 2006-09-30 | 23.36% |
| 2006-06-30 | 22.00% |
| 2006-03-31 | 15.22% |
| 2005-12-31 | 23.92% |
| 2005-09-30 | 22.66% |
| 2005-06-30 | 22.82% |
| 2005-03-31 | 18.75% |
| 2004-12-31 | 16.47% |
| 2004-09-30 | 23.76% |
| 2004-06-30 | 24.44% |
| 2004-03-31 | 22.75% |
| 2003-12-31 | -5.25% |
| 2003-09-30 | 26.19% |
| 2003-06-30 | 25.97% |
| 2003-03-31 | 25.65% |
| 2002-12-31 | 22.45% |
| 2002-09-30 | 25.66% |
