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 18.33% is in line with its 5-year average of 17.66%, near the high end of its 5-year range (12.77%–20.64%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.36% below its 12-month average of 18.97%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 18.33%.
TAX RATE
18.33%
TAX RATE AVG TTM
18.97%
TAX RATE AVG 3Y
18.18%
TAX RATE AVG 5Y
17.66%
TAX RATE AVG 10Y
17.34%
TAX RATE AVG 15Y
20.07%
TAX RATE AVG 20Y
21.45%
CURRENT VS TTM AVG
-3.36%
CURRENT VS 3Y AVG
+0.81%
CURRENT VS 5Y AVG
+3.83%
CURRENT VS 10Y AVG
+5.74%
CURRENT VS 15Y AVG
-8.68%
CURRENT VS 20Y AVG
-14.53%
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 | 18.33% |
| 2026-03-31 | 18.20% |
| 2025-12-31 | 20.42% |
| 2025-09-30 | 19.07% |
| 2025-06-30 | 18.82% |
| 2025-03-31 | 20.64% |
| 2024-12-31 | 18.00% |
| 2024-09-30 | 17.48% |
| 2024-06-30 | 17.90% |
| 2024-03-31 | 17.71% |
| 2023-12-31 | 17.46% |
| 2023-09-30 | 15.91% |
| 2023-06-30 | 16.44% |
| 2023-03-31 | 17.34% |
| 2022-12-31 | 12.77% |
| 2022-09-30 | 17.84% |
| 2022-06-30 | 15.04% |
| 2022-03-31 | 18.28% |
| 2021-12-31 | 16.88% |
| 2021-09-30 | 15.55% |
| 2021-06-30 | 15.78% |
| 2021-03-31 | 16.96% |
| 2020-12-31 | 18.46% |
| 2020-09-30 | 12.68% |
| 2020-06-30 | 20.18% |
| 2020-03-31 | 7.31% |
| 2019-12-31 | 16.91% |
| 2019-09-30 | 16.23% |
| 2019-06-30 | 16.13% |
| 2019-03-31 | 7.38% |
| 2018-12-31 | 17.66% |
| 2018-09-30 | 11.24% |
| 2018-06-30 | 15.62% |
| 2018-03-31 | 16.31% |
| 2017-12-31 | 75.58% |
| 2017-09-30 | 4.28% |
| 2017-06-30 | 18.34% |
| 2017-03-31 | 27.84% |
| 2016-12-31 | 23.85% |
| 2016-09-30 | -152.11% |
| 2016-06-30 | 20.76% |
| 2016-03-31 | 27.14% |
| 2015-12-31 | 22.44% |
| 2015-09-30 | 23.73% |
| 2015-06-30 | 17.69% |
| 2015-03-31 | 28.52% |
| 2014-12-31 | 31.11% |
| 2014-09-30 | 26.92% |
| 2014-06-30 | 21.68% |
| 2014-03-31 | 30.27% |
| 2013-12-31 | 28.56% |
| 2013-11-08 | 21.47% |
| 2013-06-30 | 27.48% |
| 2013-03-31 | 26.45% |
| 2012-12-31 | 31.13% |
| 2012-09-30 | 20.99% |
| 2012-06-30 | 26.57% |
| 2012-03-31 | 29.95% |
| 2011-12-31 | 27.91% |
| 2011-09-30 | 18.64% |
| 2011-06-30 | 25.99% |
| 2011-03-31 | 27.91% |
| 2010-12-31 | 14.94% |
| 2010-09-30 | -4.21% |
| 2010-06-30 | 26.63% |
| 2010-03-31 | 28.67% |
| 2009-12-31 | 25.47% |
| 2009-09-30 | 19.05% |
| 2009-06-30 | 26.91% |
| 2009-03-31 | 29.20% |
| 2008-12-31 | 23.49% |
| 2008-09-30 | 28.00% |
| 2008-06-30 | 28.20% |
| 2008-03-31 | 29.97% |
| 2007-12-31 | 23.08% |
| 2007-09-30 | 30.49% |
| 2007-06-30 | 30.62% |
| 2007-03-31 | 30.58% |
| 2006-09-30 | 29.76% |
| 2006-06-30 | 29.80% |
| 2006-03-31 | 26.96% |
| 2005-12-31 | 32.55% |
| 2005-09-30 | 31.38% |
| 2005-06-30 | 31.96% |
| 2005-03-31 | 31.41% |
| 2004-12-31 | 24.24% |
| 2004-09-30 | 31.86% |
| 2004-06-30 | 32.71% |
| 2004-03-31 | 31.13% |
| 2003-12-31 | 34.26% |
| 2003-09-30 | 29.33% |
| 2003-06-30 | 29.30% |
| 2003-03-31 | 28.88% |
| 2002-12-31 | 29.44% |
| 2002-09-30 | 28.43% |
