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 20.45% is 39% above its 5-year average of 14.75%, near the high end of its 5-year range (14.09%–22.77%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.90% above its 12-month average of 18.95%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2026 (2026-06-30): 20.45%.
TAX RATE
20.45%
TAX RATE AVG TTM
18.95%
TAX RATE AVG 3Y
17.34%
TAX RATE AVG 5Y
14.75%
TAX RATE AVG 10Y
16.48%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+7.90%
CURRENT VS 3Y AVG
+17.94%
CURRENT VS 5Y AVG
+38.60%
CURRENT VS 10Y AVG
+24.05%
CURRENT VS 15Y AVG
N/A
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 | 20.45% |
| 2026-03-31 | 22.24% |
| 2025-12-31 | 14.80% |
| 2025-09-30 | 21.40% |
| 2025-06-30 | 15.87% |
| 2025-03-31 | 15.19% |
| 2024-12-31 | 14.93% |
| 2024-09-30 | 18.87% |
| 2024-06-30 | 22.77% |
| 2024-03-31 | 14.29% |
| 2023-12-31 | 14.52% |
| 2023-09-30 | 15.74% |
| 2023-06-30 | 14.31% |
| 2023-03-31 | 14.28% |
| 2022-12-31 | 14.85% |
| 2022-09-30 | 14.90% |
| 2022-06-30 | 14.56% |
| 2022-03-31 | 14.38% |
| 2021-12-31 | 14.31% |
| 2021-09-30 | 14.09% |
| 2021-06-30 | 15.01% |
| 2021-03-31 | 14.79% |
| 2020-12-31 | 12.24% |
| 2020-09-30 | 15.34% |
| 2020-06-30 | 14.49% |
| 2020-03-31 | 14.90% |
| 2019-12-31 | 14.69% |
| 2019-09-30 | 13.65% |
| 2019-06-30 | 14.27% |
| 2019-03-31 | 14.37% |
| 2018-12-31 | 13.57% |
| 2018-09-30 | 15.07% |
| 2018-06-30 | 15.02% |
| 2018-03-31 | 15.64% |
| 2017-12-31 | 23.25% |
| 2017-09-30 | 20.72% |
| 2017-06-30 | 20.46% |
| 2017-03-31 | 20.47% |
| 2016-12-31 | 20.66% |
| 2016-09-30 | 19.87% |
| 2016-06-30 | 20.56% |
| 2016-03-31 | 20.60% |
| 2015-12-31 | 13.85% |
| 2015-09-30 | 20.45% |
| 2015-06-30 | 3.85% |
| 2015-03-31 | 0.01% |
| 2014-12-31 | -6.38% |
| 2014-06-30 | 0.25% |
| 2014-03-31 | 0.22% |
| 2013-12-31 | 0.22% |
