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 18.86% is 49% below its 5-year average of 37.00%, near the low end of its 5-year range (0.00%–66.67%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.67% below its 12-month average of 19.38%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 18.86%.
TAX RATE
18.86%
TAX RATE AVG TTM
19.38%
TAX RATE AVG 3Y
29.89%
TAX RATE AVG 5Y
37.00%
TAX RATE AVG 10Y
38.22%
TAX RATE AVG 15Y
31.55%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-2.67%
CURRENT VS 3Y AVG
-36.91%
CURRENT VS 5Y AVG
-49.03%
CURRENT VS 10Y AVG
-50.65%
CURRENT VS 15Y AVG
-40.21%
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 | 18.86% |
| 2025-09-30 | 15.87% |
| 2025-06-30 | 23.40% |
| 2024-09-30 | 40.91% |
| 2024-06-30 | 36.84% |
| 2023-12-31 | 0.00% |
| 2023-09-30 | 57.81% |
| 2023-06-30 | 45.45% |
| 2022-09-30 | 59.68% |
| 2022-06-30 | 41.51% |
| 2021-09-30 | 66.67% |
| 2019-12-31 | 23.81% |
| 2019-09-30 | 31.51% |
| 2019-06-30 | 50.00% |
| 2019-03-31 | 21.21% |
| 2018-12-31 | 68.18% |
| 2018-09-30 | 20.69% |
| 2018-06-30 | 23.81% |
| 2018-03-31 | 76.19% |
| 2017-09-30 | 34.21% |
| 2017-06-30 | 38.64% |
| 2017-03-31 | 48.00% |
| 2016-12-31 | 75.00% |
| 2016-09-30 | 12.70% |
| 2016-06-30 | 24.44% |
| 2016-03-31 | 28.95% |
| 2015-09-30 | 24.49% |
| 2015-06-30 | 29.27% |
| 2015-03-31 | 26.74% |
| 2014-12-31 | 34.55% |
| 2014-09-30 | 28.00% |
| 2014-06-30 | 30.61% |
| 2014-03-31 | 27.66% |
| 2013-12-31 | 24.18% |
| 2013-09-30 | 33.17% |
| 2013-06-30 | 25.49% |
| 2013-03-31 | 26.22% |
| 2012-12-31 | 22.11% |
| 2012-09-30 | 34.44% |
| 2012-06-30 | 30.72% |
| 2012-03-31 | 32.29% |
| 2011-12-31 | 34.37% |
| 2011-09-30 | 31.69% |
| 2011-06-30 | 35.96% |
