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 19.79% is in line with its 5-year average of 20.70%, around the middle of its 5-year range (16.81%–22.61%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.42% below its 12-month average of 20.92%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 19.79%.
TAX RATE
19.79%
TAX RATE AVG TTM
20.92%
TAX RATE AVG 3Y
20.83%
TAX RATE AVG 5Y
20.70%
TAX RATE AVG 10Y
19.25%
TAX RATE AVG 15Y
21.34%
TAX RATE AVG 20Y
23.19%
CURRENT VS TTM AVG
-5.42%
CURRENT VS 3Y AVG
-4.99%
CURRENT VS 5Y AVG
-4.42%
CURRENT VS 10Y AVG
+2.78%
CURRENT VS 15Y AVG
-7.30%
CURRENT VS 20Y AVG
-14.66%
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 | 19.79% |
| 2026-03-31 | 22.61% |
| 2025-12-31 | 20.56% |
| 2025-09-30 | 20.86% |
| 2025-06-30 | 20.78% |
| 2025-03-31 | 20.78% |
| 2024-09-30 | 20.74% |
| 2024-06-30 | 21.12% |
| 2024-03-31 | 20.95% |
| 2023-12-31 | 21.68% |
| 2023-09-30 | 20.59% |
| 2023-06-30 | 21.05% |
| 2023-03-31 | 20.46% |
| 2022-12-31 | 16.81% |
| 2022-09-30 | 20.57% |
| 2022-06-30 | 20.39% |
| 2022-03-31 | 20.64% |
| 2021-12-31 | 17.28% |
| 2021-09-30 | 20.44% |
| 2021-06-30 | 20.60% |
| 2021-03-31 | 18.66% |
| 2020-12-31 | 18.52% |
| 2020-09-30 | 19.01% |
| 2020-06-30 | 20.30% |
| 2020-03-31 | 13.51% |
| 2019-12-31 | 15.21% |
| 2019-09-30 | 16.55% |
| 2019-06-30 | 15.50% |
| 2019-03-31 | 14.55% |
| 2018-12-31 | 14.33% |
| 2018-09-30 | 16.40% |
| 2018-06-30 | 16.58% |
| 2018-03-31 | 15.50% |
| 2017-12-31 | 96.39% |
| 2017-09-30 | 24.38% |
| 2017-06-30 | 23.95% |
| 2017-03-31 | 18.80% |
| 2016-12-31 | 19.74% |
| 2016-09-30 | 27.14% |
| 2016-06-30 | 21.39% |
| 2016-03-31 | 23.21% |
| 2015-09-30 | 23.86% |
| 2015-06-30 | 24.33% |
| 2015-03-31 | 26.56% |
| 2014-12-31 | 23.52% |
| 2014-09-30 | 26.25% |
| 2014-06-30 | 25.49% |
| 2014-03-31 | 25.77% |
| 2013-12-31 | 26.24% |
| 2013-09-30 | 26.67% |
| 2013-06-30 | 24.10% |
| 2013-03-31 | 19.78% |
| 2012-12-31 | 25.97% |
| 2012-09-30 | 26.32% |
| 2012-06-30 | 27.07% |
| 2012-03-31 | 26.67% |
| 2011-12-31 | 27.78% |
| 2011-09-30 | 25.92% |
| 2011-06-30 | 23.70% |
| 2011-03-31 | 25.73% |
| 2010-12-31 | 23.13% |
| 2010-09-30 | 27.08% |
| 2010-06-30 | 27.91% |
| 2010-03-31 | 28.38% |
| 2009-12-31 | 7.59% |
| 2009-09-30 | 28.14% |
| 2009-06-30 | 28.99% |
| 2009-03-31 | 29.45% |
| 2008-12-31 | 29.59% |
| 2008-09-30 | 29.50% |
| 2008-06-30 | 29.87% |
| 2008-03-31 | 30.24% |
| 2007-12-31 | 27.21% |
| 2007-09-30 | 28.56% |
| 2007-06-30 | 29.94% |
| 2007-03-31 | 29.46% |
| 2006-12-31 | 31.88% |
| 2006-09-30 | 31.47% |
| 2006-06-30 | 30.90% |
| 2006-03-31 | 30.36% |
| 2005-12-31 | 30.67% |
| 2005-09-30 | 30.26% |
| 2005-06-30 | 29.78% |
| 2005-03-31 | 28.52% |
| 2004-12-31 | 32.12% |
| 2004-09-30 | 27.47% |
| 2004-06-30 | 26.48% |
| 2004-03-31 | 27.36% |
| 2003-12-31 | 26.96% |
| 2003-09-30 | 25.47% |
| 2003-06-30 | 26.67% |
| 2003-03-31 | 27.69% |
| 2002-12-31 | 27.81% |
| 2002-09-30 | 27.56% |
