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 21.53% is in line with its 5-year average of 22.23%, around the middle of its 5-year range (6.30%–29.05%).
As of the fiscal period ended Tuesday, June 30, 2026. 15.34% above its 12-month average of 18.67%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 21.53%.
TAX RATE
21.53%
TAX RATE AVG TTM
18.67%
TAX RATE AVG 3Y
20.40%
TAX RATE AVG 5Y
22.23%
TAX RATE AVG 10Y
21.74%
TAX RATE AVG 15Y
25.91%
TAX RATE AVG 20Y
26.57%
CURRENT VS TTM AVG
+15.34%
CURRENT VS 3Y AVG
+5.58%
CURRENT VS 5Y AVG
-3.12%
CURRENT VS 10Y AVG
-0.95%
CURRENT VS 15Y AVG
-16.89%
CURRENT VS 20Y AVG
-18.96%
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 | 21.53% |
| 2026-03-31 | 21.36% |
| 2025-12-31 | 6.30% |
| 2025-09-30 | 21.96% |
| 2025-06-30 | 22.19% |
| 2025-03-31 | 22.19% |
| 2024-12-31 | 12.09% |
| 2024-09-30 | 23.39% |
| 2024-03-31 | 23.40% |
| 2023-12-31 | 29.05% |
| 2023-09-30 | 20.89% |
| 2022-12-31 | 16.05% |
| 2022-09-30 | 23.55% |
| 2022-06-30 | 27.73% |
| 2022-03-31 | 21.00% |
| 2021-12-31 | 16.15% |
| 2021-06-30 | 23.01% |
| 2021-03-31 | 23.00% |
| 2020-12-31 | 24.08% |
| 2020-09-30 | 20.74% |
| 2020-06-30 | 19.96% |
| 2020-03-31 | 21.01% |
| 2019-12-31 | 23.45% |
| 2019-09-30 | 20.11% |
| 2019-06-30 | 21.00% |
| 2019-03-31 | 21.01% |
| 2018-12-31 | 25.41% |
| 2018-09-30 | 10.55% |
| 2018-06-30 | 20.52% |
| 2018-03-31 | 20.49% |
| 2017-12-31 | -193.62% |
| 2017-09-30 | 34.01% |
| 2017-06-30 | 34.01% |
| 2017-03-31 | 33.98% |
| 2016-09-30 | 34.04% |
| 2015-12-31 | 21.29% |
| 2015-09-30 | 32.55% |
| 2015-06-30 | 35.01% |
| 2015-03-31 | 34.99% |
| 2014-12-31 | 32.98% |
| 2014-09-30 | 32.23% |
| 2014-06-30 | 35.00% |
| 2014-03-31 | 34.96% |
| 2013-12-31 | 27.45% |
| 2013-09-30 | 31.31% |
| 2013-06-30 | 34.99% |
| 2013-03-31 | 34.98% |
| 2012-12-31 | 31.78% |
| 2012-09-30 | 31.93% |
| 2012-06-30 | 35.82% |
| 2012-03-31 | 36.03% |
| 2011-12-31 | 1.29% |
| 2011-09-30 | 29.73% |
| 2011-06-30 | 34.99% |
| 2011-03-31 | 35.03% |
| 2010-12-31 | 24.02% |
| 2010-09-30 | 36.00% |
| 2010-06-30 | 35.96% |
| 2009-12-31 | 33.88% |
| 2009-09-30 | 36.90% |
| 2008-09-30 | 17.40% |
| 2008-06-30 | 34.96% |
| 2008-03-31 | 35.00% |
| 2007-09-30 | 15.39% |
| 2007-03-31 | 37.01% |
| 2006-09-30 | 37.02% |
| 2006-03-31 | 37.06% |
| 2005-12-31 | 25.60% |
| 2005-09-30 | 34.00% |
| 2005-06-30 | 34.00% |
| 2005-03-31 | 34.00% |
| 2004-12-31 | 17.11% |
| 2004-09-30 | 32.09% |
| 2004-06-30 | 32.00% |
| 2004-03-31 | 32.00% |
| 2003-12-31 | 24.97% |
| 2003-09-30 | 30.66% |
| 2003-06-30 | 30.00% |
| 2002-12-31 | 20.57% |
| 2002-09-30 | 30.03% |
