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 14.21% is 30% below its 5-year average of 20.35%, near the low end of its 5-year range (14.21%–21.93%).
As of the fiscal period ended Tuesday, June 30, 2026. 28.24% below its 12-month average of 19.80%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 14.21%.
TAX RATE
14.21%
TAX RATE AVG TTM
19.80%
TAX RATE AVG 3Y
21.02%
TAX RATE AVG 5Y
20.35%
TAX RATE AVG 10Y
17.59%
TAX RATE AVG 15Y
15.15%
TAX RATE AVG 20Y
18.68%
CURRENT VS TTM AVG
-28.24%
CURRENT VS 3Y AVG
-32.38%
CURRENT VS 5Y AVG
-30.15%
CURRENT VS 10Y AVG
-19.20%
CURRENT VS 15Y AVG
-6.17%
CURRENT VS 20Y AVG
-23.93%
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 | 14.21% |
| 2026-03-31 | 20.70% |
| 2025-12-31 | 21.83% |
| 2025-09-30 | 21.00% |
| 2025-06-30 | 21.28% |
| 2025-03-31 | 20.70% |
| 2024-12-31 | 20.14% |
| 2024-06-30 | 21.23% |
| 2024-03-31 | 20.60% |
| 2023-12-31 | 21.20% |
| 2023-09-30 | 21.93% |
| 2023-06-30 | 20.57% |
| 2023-03-31 | 19.60% |
| 2022-12-31 | 19.03% |
| 2022-06-30 | 17.43% |
| 2022-03-31 | 19.41% |
| 2021-12-31 | 21.12% |
| 2021-09-30 | 18.93% |
| 2021-06-30 | 19.54% |
| 2021-03-31 | 19.09% |
| 2020-12-31 | 19.72% |
| 2020-09-30 | 19.91% |
| 2020-06-30 | 16.98% |
| 2020-03-31 | 17.01% |
| 2019-12-31 | 19.54% |
| 2019-09-30 | 16.26% |
| 2019-06-30 | 3.93% |
| 2019-03-31 | 6.96% |
| 2018-12-31 | 10.14% |
| 2018-09-30 | 13.82% |
| 2018-06-30 | 8.53% |
| 2018-03-31 | 11.95% |
| 2017-12-31 | 99.80% |
| 2017-09-30 | 11.94% |
| 2017-06-30 | 13.49% |
| 2017-03-31 | 17.48% |
| 2016-12-31 | 12.48% |
| 2016-09-30 | 7.98% |
| 2016-06-30 | 27.10% |
| 2016-03-31 | 19.22% |
| 2015-12-31 | 8.58% |
| 2015-09-30 | 15.81% |
| 2015-06-30 | 17.61% |
| 2015-03-31 | 22.51% |
| 2014-12-31 | -546.18% |
| 2014-09-30 | 0.46% |
| 2014-06-30 | 0.00% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.51% |
| 2013-09-30 | -15.37% |
| 2013-06-30 | 0.87% |
| 2013-03-31 | 1.89% |
| 2012-12-31 | 49.39% |
| 2011-09-30 | -41.49% |
| 2011-03-31 | 20.77% |
| 2010-12-31 | 26.85% |
| 2010-09-30 | 30.47% |
| 2010-06-30 | 25.84% |
| 2010-03-31 | 28.51% |
| 2009-12-31 | 18.52% |
| 2009-09-30 | 24.03% |
| 2009-06-30 | 23.55% |
| 2009-03-31 | 26.20% |
| 2008-12-31 | 25.95% |
| 2008-09-30 | 30.94% |
| 2008-06-30 | 30.26% |
| 2008-03-31 | 30.41% |
| 2007-12-31 | 28.57% |
| 2007-09-30 | 30.03% |
| 2007-06-30 | 28.98% |
| 2007-03-31 | 29.41% |
| 2006-12-31 | 28.92% |
| 2006-09-30 | 29.71% |
| 2006-06-30 | 29.03% |
| 2006-03-31 | 30.16% |
| 2005-12-31 | 30.76% |
| 2005-09-30 | 30.09% |
| 2005-06-30 | 31.46% |
| 2005-03-31 | 30.15% |
| 2004-12-31 | 29.10% |
| 2004-09-30 | 30.33% |
| 2004-06-30 | 27.74% |
| 2004-03-31 | 28.79% |
| 2003-12-31 | 18.86% |
| 2003-09-30 | 33.93% |
| 2003-06-30 | 27.61% |
| 2003-03-31 | 29.82% |
| 2002-12-31 | 25.90% |
| 2002-09-30 | 24.34% |
