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 20.83% is in line with its 5-year average of 20.02%, around the middle of its 5-year range (9.07%–26.32%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.82% above its 12-month average of 19.68%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2026 (2026-06-30): 20.83%.
TAX RATE
20.83%
TAX RATE AVG TTM
19.68%
TAX RATE AVG 3Y
19.80%
TAX RATE AVG 5Y
20.02%
TAX RATE AVG 10Y
21.91%
TAX RATE AVG 15Y
23.75%
TAX RATE AVG 20Y
25.53%
CURRENT VS TTM AVG
+5.82%
CURRENT VS 3Y AVG
+5.18%
CURRENT VS 5Y AVG
+4.05%
CURRENT VS 10Y AVG
-4.93%
CURRENT VS 15Y AVG
-12.32%
CURRENT VS 20Y AVG
-18.43%
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 | 20.83% |
| 2026-03-31 | 18.29% |
| 2025-12-31 | 19.51% |
| 2025-09-30 | 19.94% |
| 2025-06-30 | 19.83% |
| 2025-03-31 | 14.28% |
| 2024-12-31 | 23.35% |
| 2024-09-30 | 21.91% |
| 2024-06-30 | 18.26% |
| 2024-03-31 | 21.91% |
| 2023-12-31 | 18.26% |
| 2023-09-30 | 23.39% |
| 2023-06-30 | 17.63% |
| 2023-03-31 | 23.77% |
| 2022-12-31 | 19.48% |
| 2022-09-30 | 24.44% |
| 2022-06-30 | 9.07% |
| 2022-03-31 | 20.12% |
| 2021-12-31 | 26.32% |
| 2021-09-30 | 15.94% |
| 2021-06-30 | 12.85% |
| 2021-03-31 | 33.66% |
| 2020-12-31 | 28.75% |
| 2020-09-30 | 25.27% |
| 2020-06-30 | 26.41% |
| 2020-03-31 | -3.38% |
| 2019-12-31 | 25.25% |
| 2019-09-30 | -2.94% |
| 2019-06-30 | 26.37% |
| 2019-03-31 | 26.01% |
| 2018-12-31 | 26.76% |
| 2018-09-30 | 13.94% |
| 2018-06-30 | 10.69% |
| 2018-03-31 | 18.12% |
| 2017-12-31 | 464.95% |
| 2017-09-30 | 32.93% |
| 2017-03-31 | 27.00% |
| 2016-12-31 | 27.99% |
| 2016-09-30 | 28.06% |
| 2016-06-30 | 23.92% |
| 2016-03-31 | 26.31% |
| 2015-12-31 | 31.65% |
| 2015-09-30 | 27.50% |
| 2015-06-30 | 25.67% |
| 2015-03-31 | 25.02% |
| 2014-12-31 | 27.70% |
| 2014-09-30 | 28.80% |
| 2014-06-30 | 25.44% |
| 2014-03-31 | 71.17% |
| 2013-12-31 | 29.00% |
| 2013-09-30 | 28.98% |
| 2013-06-30 | 52.67% |
| 2013-03-31 | 25.14% |
| 2012-12-31 | 28.17% |
| 2012-09-30 | 29.70% |
| 2012-06-30 | 21.16% |
| 2012-03-31 | 27.78% |
| 2011-12-31 | 30.02% |
| 2011-09-30 | 30.10% |
| 2011-06-30 | 27.73% |
| 2011-03-31 | 29.35% |
| 2010-12-31 | 28.06% |
| 2010-09-30 | 29.99% |
| 2010-06-30 | 37.94% |
| 2010-03-31 | 28.33% |
| 2009-12-31 | 30.56% |
| 2009-09-30 | 30.14% |
| 2009-06-30 | 29.99% |
| 2009-03-31 | 33.31% |
| 2008-12-31 | 34.40% |
| 2008-09-30 | 34.19% |
| 2008-06-30 | 31.16% |
| 2008-03-31 | -60.29% |
| 2007-12-31 | 35.20% |
| 2007-06-30 | -34.93% |
| 2007-03-31 | 42.62% |
| 2006-06-30 | 65.51% |
| 2006-03-31 | -371.04% |
| 2005-12-31 | 64.35% |
| 2004-12-31 | 24.30% |
| 2004-09-30 | 31.47% |
| 2004-06-30 | 27.70% |
| 2004-03-31 | 17.88% |
| 2003-12-31 | 28.69% |
| 2003-09-30 | 30.32% |
| 2003-06-30 | 29.87% |
| 2003-03-31 | 28.41% |
| 2002-12-31 | 25.53% |
| 2002-09-30 | 33.05% |