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 20.48% is in line with its 5-year average of 20.98%, near the low end of its 5-year range (16.92%–29.95%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.95% below its 12-month average of 20.68%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 20.48%.
TAX RATE
20.48%
TAX RATE AVG TTM
20.68%
TAX RATE AVG 3Y
20.61%
TAX RATE AVG 5Y
20.98%
TAX RATE AVG 10Y
24.45%
TAX RATE AVG 15Y
26.22%
TAX RATE AVG 20Y
26.64%
CURRENT VS TTM AVG
-0.95%
CURRENT VS 3Y AVG
-0.60%
CURRENT VS 5Y AVG
-2.36%
CURRENT VS 10Y AVG
-16.23%
CURRENT VS 15Y AVG
-21.88%
CURRENT VS 20Y AVG
-23.10%
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 | 20.48% |
| 2026-03-31 | 24.63% |
| 2025-12-31 | 18.93% |
| 2025-09-30 | 20.19% |
| 2025-06-30 | 19.17% |
| 2025-03-31 | 21.21% |
| 2024-12-31 | 18.45% |
| 2024-09-30 | 22.12% |
| 2024-06-30 | 21.26% |
| 2024-03-31 | 20.15% |
| 2023-12-31 | 16.92% |
| 2023-09-30 | 21.63% |
| 2023-06-30 | 22.75% |
| 2023-03-31 | 22.24% |
| 2022-12-31 | 27.08% |
| 2022-09-30 | 22.54% |
| 2022-06-30 | 26.60% |
| 2022-03-31 | 20.96% |
| 2021-12-31 | 21.23% |
| 2021-09-30 | 29.95% |
| 2021-06-30 | 22.75% |
| 2021-03-31 | 23.90% |
| 2020-12-31 | 23.46% |
| 2020-09-30 | 28.27% |
| 2020-03-31 | 22.64% |
| 2019-09-30 | 35.89% |
| 2019-06-30 | 31.58% |
| 2019-03-31 | 30.28% |
| 2018-12-31 | 23.19% |
| 2018-09-30 | 12.70% |
| 2018-06-30 | 23.18% |
| 2018-03-31 | 28.22% |
| 2017-12-31 | 34.03% |
| 2017-09-30 | 26.05% |
| 2017-06-30 | 25.76% |
| 2017-03-31 | 32.03% |
| 2016-12-31 | 28.52% |
| 2016-09-30 | 32.53% |
| 2016-06-30 | 30.16% |
| 2016-03-31 | 27.77% |
| 2015-12-31 | 29.51% |
| 2015-09-30 | 31.06% |
| 2015-06-30 | 31.79% |
| 2015-03-31 | 30.37% |
| 2014-12-31 | 27.41% |
| 2014-09-30 | 29.11% |
| 2014-06-30 | 29.93% |
| 2014-03-31 | 33.15% |
| 2013-12-31 | 44.66% |
| 2013-09-30 | 29.56% |
| 2013-06-30 | 30.48% |
| 2013-03-31 | 33.08% |
| 2012-12-31 | 41.60% |
| 2012-09-30 | 27.99% |
| 2012-06-30 | 27.66% |
| 2012-03-31 | 29.36% |
| 2011-12-31 | -342.09% |
| 2011-09-30 | 26.14% |
| 2011-06-30 | 25.05% |
| 2011-03-31 | 25.20% |
| 2010-09-30 | 26.35% |
| 2010-06-30 | 33.44% |
| 2010-03-31 | 27.25% |
| 2009-12-31 | 23.78% |
| 2009-09-30 | 17.77% |
| 2009-06-30 | 27.43% |
| 2009-03-31 | 36.68% |
| 2008-12-31 | 31.56% |
| 2008-09-30 | 30.59% |
| 2008-06-30 | 37.43% |
| 2008-03-31 | 40.98% |
| 2007-12-31 | 28.67% |
| 2007-09-30 | 27.12% |
| 2007-06-30 | 28.80% |
| 2007-03-31 | 26.98% |
| 2006-12-31 | 25.93% |
| 2006-09-30 | 25.91% |
| 2006-06-30 | 23.10% |
| 2006-03-31 | 23.66% |
| 2005-12-31 | 25.52% |
| 2005-09-30 | 30.03% |
| 2005-06-30 | 23.16% |
