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 18.31% is in line with its 5-year average of 18.20%, around the middle of its 5-year range (7.74%–24.21%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.84% below its 12-month average of 19.04%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 18.31%.
TAX RATE
18.31%
TAX RATE AVG TTM
19.04%
TAX RATE AVG 3Y
18.32%
TAX RATE AVG 5Y
18.20%
TAX RATE AVG 10Y
18.65%
TAX RATE AVG 15Y
23.03%
TAX RATE AVG 20Y
23.79%
CURRENT VS TTM AVG
-3.84%
CURRENT VS 3Y AVG
-0.07%
CURRENT VS 5Y AVG
+0.61%
CURRENT VS 10Y AVG
-1.80%
CURRENT VS 15Y AVG
-20.48%
CURRENT VS 20Y AVG
-23.02%
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 | 18.31% |
| 2026-03-31 | 18.65% |
| 2025-12-31 | 21.37% |
| 2025-09-30 | 18.36% |
| 2025-06-30 | 18.51% |
| 2025-03-31 | 16.65% |
| 2024-12-31 | 19.70% |
| 2024-09-30 | 24.21% |
| 2024-06-30 | 7.74% |
| 2024-03-31 | 16.88% |
| 2023-12-31 | 19.44% |
| 2023-09-30 | 16.66% |
| 2023-06-30 | 17.03% |
| 2023-03-31 | 17.43% |
| 2022-12-31 | 18.69% |
| 2022-09-30 | 18.25% |
| 2022-06-30 | 18.19% |
| 2022-03-31 | 17.75% |
| 2021-12-31 | 18.73% |
| 2021-09-30 | 19.82% |
| 2021-06-30 | 18.56% |
| 2021-03-31 | 20.33% |
| 2020-12-31 | 19.66% |
| 2020-09-30 | 19.75% |
| 2020-06-30 | 19.23% |
| 2020-03-31 | 3.13% |
| 2019-12-31 | 17.68% |
| 2019-09-30 | 18.64% |
| 2019-06-30 | 18.29% |
| 2019-03-31 | 17.98% |
| 2018-12-31 | 19.83% |
| 2018-09-30 | 20.90% |
| 2018-06-30 | 18.11% |
| 2018-03-31 | 18.67% |
| 2017-12-31 | -17.21% |
| 2017-09-30 | 29.09% |
| 2017-06-30 | 32.23% |
| 2017-03-31 | 31.89% |
| 2016-12-31 | 32.17% |
| 2016-09-30 | 32.19% |
| 2016-06-30 | 31.84% |
| 2016-03-31 | 31.21% |
| 2015-12-31 | 30.89% |
| 2015-09-30 | 31.37% |
| 2015-06-30 | 31.06% |
| 2015-03-31 | 29.86% |
| 2014-12-31 | 29.28% |
| 2014-09-30 | 28.67% |
| 2014-06-30 | 29.50% |
| 2014-03-31 | 24.96% |
| 2013-12-31 | 29.90% |
| 2013-09-30 | 30.07% |
| 2013-06-30 | 30.21% |
| 2013-03-31 | 30.26% |
| 2012-12-31 | 30.44% |
| 2012-09-30 | 28.23% |
| 2012-06-30 | 27.83% |
| 2012-03-31 | 26.92% |
| 2011-12-31 | 36.48% |
| 2011-09-30 | 18.51% |
| 2011-06-30 | 23.37% |
| 2011-03-31 | 91.97% |
| 2009-09-30 | -164.98% |
| 2009-06-30 | 25.79% |
| 2009-03-31 | 26.09% |
| 2008-12-31 | 29.40% |
| 2008-09-30 | 29.23% |
| 2008-06-30 | 29.01% |
| 2008-03-31 | 27.92% |
| 2007-12-31 | 30.76% |
| 2007-09-30 | 27.85% |
| 2007-06-30 | 25.01% |
| 2007-03-31 | 25.20% |
| 2006-12-31 | 26.06% |
| 2006-09-30 | 26.60% |
| 2006-06-30 | 25.87% |
| 2006-03-31 | 22.74% |
| 2005-09-30 | 33.49% |
| 2005-03-31 | 28.06% |
| 2004-12-31 | 39.98% |
| 2004-09-30 | 30.45% |
| 2004-06-30 | 7.68% |
| 2004-03-31 | 30.45% |
| 2003-12-31 | 30.68% |
| 2003-09-30 | 28.01% |
| 2003-06-30 | 34.14% |
| 2003-03-31 | 33.94% |
| 2002-09-30 | 23.61% |
