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 11.93% is 42% below its 5-year average of 20.53%, near the low end of its 5-year range (11.93%–23.68%).
As of the fiscal period ended Tuesday, June 30, 2026. 32.23% below its 12-month average of 17.60%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2026 (2026-06-30): 11.93%.
TAX RATE
11.93%
TAX RATE AVG TTM
17.60%
TAX RATE AVG 3Y
20.04%
TAX RATE AVG 5Y
20.53%
TAX RATE AVG 10Y
20.43%
TAX RATE AVG 15Y
24.49%
TAX RATE AVG 20Y
25.59%
CURRENT VS TTM AVG
-32.23%
CURRENT VS 3Y AVG
-40.46%
CURRENT VS 5Y AVG
-41.90%
CURRENT VS 10Y AVG
-41.62%
CURRENT VS 15Y AVG
-51.28%
CURRENT VS 20Y AVG
-53.38%
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 | 11.93% |
| 2026-03-31 | 19.05% |
| 2025-12-31 | 20.03% |
| 2025-09-30 | 19.50% |
| 2025-06-30 | 17.51% |
| 2025-03-31 | 20.88% |
| 2024-12-31 | 23.68% |
| 2024-09-30 | 21.33% |
| 2024-06-30 | 20.23% |
| 2024-03-31 | 20.06% |
| 2023-12-31 | 20.65% |
| 2023-09-30 | 20.96% |
| 2023-06-30 | 20.20% |
| 2023-03-31 | 19.35% |
| 2022-12-31 | 21.88% |
| 2022-09-30 | 20.28% |
| 2022-06-30 | 21.58% |
| 2022-03-31 | 20.14% |
| 2021-12-31 | 21.53% |
| 2021-09-30 | 21.49% |
| 2021-06-30 | 20.50% |
| 2021-03-31 | 21.27% |
| 2020-12-31 | 20.74% |
| 2020-09-30 | 21.57% |
| 2020-06-30 | 21.24% |
| 2020-03-31 | 18.13% |
| 2019-12-31 | 19.93% |
| 2019-09-30 | 20.16% |
| 2019-06-30 | 19.69% |
| 2019-03-31 | 19.56% |
| 2018-12-31 | 19.47% |
| 2018-09-30 | 19.68% |
| 2018-06-30 | 21.65% |
| 2018-03-31 | 25.61% |
| 2017-12-31 | 33.00% |
| 2017-09-30 | 27.98% |
| 2017-06-30 | 28.86% |
| 2017-03-31 | 27.01% |
| 2016-12-31 | 29.35% |
| 2016-09-30 | 26.80% |
| 2016-06-30 | 30.97% |
| 2016-03-31 | 31.73% |
| 2015-12-31 | 30.19% |
| 2015-09-30 | 31.42% |
| 2015-06-30 | 32.52% |
| 2015-03-31 | 30.78% |
| 2014-12-31 | 29.81% |
| 2014-09-30 | 29.51% |
| 2014-06-30 | 26.28% |
| 2014-03-31 | 25.83% |
| 2013-12-31 | 27.53% |
| 2013-09-30 | 28.53% |
| 2013-06-30 | 25.10% |
| 2013-03-31 | 26.76% |
| 2012-12-31 | 30.03% |
| 2012-09-30 | 30.58% |
| 2012-06-30 | 25.71% |
| 2012-03-31 | 31.62% |
| 2011-12-31 | 33.00% |
| 2011-09-30 | 33.63% |
| 2011-06-30 | 37.83% |
| 2011-03-31 | 33.59% |
| 2010-12-31 | 35.62% |
| 2010-09-30 | 28.83% |
| 2010-06-30 | 29.27% |
| 2010-03-31 | 18.53% |
| 2009-12-31 | 26.89% |
| 2009-09-30 | 13.98% |
| 2009-06-30 | 30.69% |
| 2009-03-31 | 30.07% |
| 2008-12-31 | 31.30% |
| 2008-09-30 | 31.44% |
| 2008-06-30 | 32.71% |
| 2008-03-31 | 33.00% |
| 2007-12-31 | 33.13% |
| 2007-09-30 | 32.94% |
| 2007-06-30 | 7.84% |
| 2007-03-31 | 33.62% |
| 2006-12-31 | 32.01% |
| 2006-09-30 | 35.35% |
| 2006-06-30 | 27.98% |
| 2006-03-31 | 35.32% |
| 2005-12-30 | 35.04% |
| 2005-09-30 | 34.30% |
| 2004-12-31 | 39.64% |
| 2004-09-30 | 35.08% |
| 2004-06-30 | 24.70% |
| 2004-03-31 | 34.90% |
| 2003-12-31 | 36.00% |
| 2003-09-30 | 36.02% |
| 2003-06-30 | 28.95% |
| 2003-03-31 | 36.35% |
| 2002-12-31 | 37.10% |
| 2002-09-30 | 36.70% |
