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 20.71% is in line with its 5-year average of 20.26%, around the middle of its 5-year range (17.71%–26.08%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.07% above its 12-month average of 20.50%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 20.71%.
TAX RATE
20.71%
TAX RATE AVG TTM
20.50%
TAX RATE AVG 3Y
20.79%
TAX RATE AVG 5Y
20.26%
TAX RATE AVG 10Y
23.47%
TAX RATE AVG 15Y
26.96%
TAX RATE AVG 20Y
28.76%
CURRENT VS TTM AVG
+1.07%
CURRENT VS 3Y AVG
-0.36%
CURRENT VS 5Y AVG
+2.27%
CURRENT VS 10Y AVG
-11.74%
CURRENT VS 15Y AVG
-23.18%
CURRENT VS 20Y AVG
-27.96%
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 | 20.71% |
| 2025-12-31 | 20.02% |
| 2025-09-30 | 20.67% |
| 2025-06-30 | 20.57% |
| 2025-03-31 | 17.71% |
| 2024-12-31 | 18.57% |
| 2024-09-30 | 23.18% |
| 2024-06-30 | 21.07% |
| 2024-03-31 | 20.95% |
| 2023-12-31 | 24.43% |
| 2021-12-31 | 26.08% |
| 2021-06-30 | 19.09% |
| 2020-12-31 | -40.85% |
| 2020-06-30 | 17.28% |
| 2019-12-31 | 11.12% |
| 2019-06-30 | 19.47% |
| 2018-09-30 | 6.80% |
| 2018-06-30 | 22.48% |
| 2017-12-31 | 15.22% |
| 2017-09-30 | 33.41% |
| 2017-06-30 | 32.79% |
| 2017-03-31 | 32.49% |
| 2016-12-31 | 34.70% |
| 2016-09-30 | 34.18% |
| 2016-06-30 | 33.61% |
| 2016-03-31 | 26.03% |
| 2015-12-31 | 31.09% |
| 2015-09-30 | 32.23% |
| 2015-06-30 | 33.64% |
| 2015-03-31 | 33.44% |
| 2014-12-31 | 32.73% |
| 2014-09-30 | 32.51% |
| 2014-06-30 | 31.72% |
| 2014-05-08 | 31.84% |
| 2013-12-31 | -7.01% |
| 2013-09-30 | 26.49% |
| 2013-06-30 | 46.49% |
| 2013-03-31 | 36.96% |
| 2012-09-30 | 26.57% |
| 2012-06-30 | 35.39% |
| 2012-03-31 | 34.02% |
| 2011-12-31 | 34.64% |
| 2011-09-30 | -46.37% |
| 2011-06-30 | 33.13% |
| 2011-03-31 | 24.79% |
| 2010-12-31 | 40.43% |
| 2010-09-30 | 37.27% |
| 2010-06-30 | 45.56% |
| 2010-03-31 | 39.81% |
| 2009-09-30 | 3.16% |
| 2007-06-30 | 45.00% |
| 2007-03-31 | 45.00% |
| 2006-12-31 | 107.80% |
| 2006-09-30 | 40.00% |
| 2006-06-30 | 40.01% |
| 2006-03-31 | 39.97% |
| 2005-09-30 | 40.78% |
| 2005-06-30 | 40.00% |
| 2005-03-31 | 40.00% |
| 2004-12-31 | -127.69% |
| 2004-09-30 | 30.07% |
| 2004-06-30 | 39.47% |
| 2004-03-31 | 40.08% |
| 2003-12-31 | 41.56% |
| 2003-09-30 | -162.29% |
| 2003-06-30 | 0.26% |
| 2003-03-31 | 1.11% |
| 2002-12-31 | 0.34% |
| 2002-09-30 | 3.10% |
