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 17.40% is 14% above its 5-year average of 15.20%, near the high end of its 5-year range (3.69%–22.61%).
As of the fiscal period ended Tuesday, June 30, 2026. 13.83% above its 12-month average of 15.28%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 17.40%.
TAX RATE
17.40%
TAX RATE AVG TTM
15.28%
TAX RATE AVG 3Y
15.60%
TAX RATE AVG 5Y
15.20%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+13.83%
CURRENT VS 3Y AVG
+11.50%
CURRENT VS 5Y AVG
+14.42%
CURRENT VS 10Y AVG
N/A
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 | 17.40% |
| 2025-12-31 | 16.83% |
| 2025-06-30 | 11.63% |
| 2024-12-31 | 15.04% |
| 2024-06-30 | 11.28% |
| 2023-12-31 | 19.15% |
| 2023-06-30 | 17.90% |
| 2022-12-31 | 18.61% |
| 2022-06-30 | 13.13% |
| 2021-12-31 | 22.61% |
| 2021-06-30 | 3.69% |
| 2020-12-31 | 23.31% |
| 2020-06-30 | 18.89% |
| 2019-12-31 | 13.19% |
| 2019-06-30 | 13.19% |
