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 21.86% is 13% above its 5-year average of 19.34%, near the high end of its 5-year range (3.14%–29.17%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.18% above its 12-month average of 20.78%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 21.86%.
TAX RATE
21.86%
TAX RATE AVG TTM
20.78%
TAX RATE AVG 3Y
19.05%
TAX RATE AVG 5Y
19.34%
TAX RATE AVG 10Y
17.04%
TAX RATE AVG 15Y
18.85%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+5.18%
CURRENT VS 3Y AVG
+14.75%
CURRENT VS 5Y AVG
+13.02%
CURRENT VS 10Y AVG
+28.26%
CURRENT VS 15Y AVG
+15.94%
CURRENT VS 20Y AVG
N/A
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 | 21.86% |
| 2026-03-31 | 22.08% |
| 2025-12-31 | 17.50% |
| 2025-09-30 | 22.88% |
| 2025-06-30 | 19.59% |
| 2025-03-31 | 18.48% |
| 2024-12-31 | 18.33% |
| 2024-09-30 | 11.68% |
| 2024-06-30 | 19.22% |
| 2024-03-31 | 19.71% |
| 2023-12-31 | 14.71% |
| 2023-09-30 | 3.14% |
| 2023-06-30 | 22.54% |
| 2023-03-31 | 22.09% |
| 2022-12-31 | 17.65% |
| 2022-09-30 | 18.26% |
| 2022-06-30 | 17.20% |
| 2022-03-31 | 23.79% |
| 2021-12-31 | 26.54% |
| 2021-09-30 | 13.36% |
| 2021-06-30 | 29.17% |
| 2020-12-31 | 5.09% |
| 2020-09-30 | 17.70% |
| 2020-06-30 | 2.86% |
| 2020-03-31 | 15.86% |
| 2019-12-31 | 3.00% |
| 2019-09-30 | 21.21% |
| 2019-06-30 | 12.30% |
| 2019-03-31 | 16.23% |
| 2018-12-31 | 2.74% |
| 2018-09-30 | -22.02% |
| 2018-06-30 | 12.62% |
| 2018-03-31 | 5.27% |
| 2017-12-31 | 72.48% |
| 2017-09-30 | 26.63% |
| 2017-06-30 | 23.13% |
| 2017-03-31 | -170.44% |
| 2016-12-31 | 32.06% |
| 2016-09-30 | 39.20% |
| 2016-06-30 | 38.49% |
| 2016-03-31 | 38.40% |
| 2015-12-31 | 27.81% |
| 2015-09-30 | 38.68% |
| 2015-06-30 | 39.04% |
| 2015-03-31 | 38.01% |
| 2014-12-31 | -611.31% |
| 2014-09-30 | 8.11% |
| 2014-06-30 | 9.26% |
| 2013-12-31 | 73.99% |
| 2013-09-30 | 13.82% |
| 2013-06-30 | 9.53% |
| 2012-12-31 | 19.30% |
| 2012-09-30 | 4.42% |
| 2011-09-30 | 15.20% |
| 2011-06-30 | 6.90% |
| 2011-03-31 | 10.90% |
