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 18.26% is in line with its 5-year average of 18.74%, near the low end of its 5-year range (14.57%–28.99%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.75% below its 12-month average of 18.97%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 18.26%.
TAX RATE
18.26%
TAX RATE AVG TTM
18.97%
TAX RATE AVG 3Y
18.24%
TAX RATE AVG 5Y
18.74%
TAX RATE AVG 10Y
20.62%
TAX RATE AVG 15Y
23.08%
TAX RATE AVG 20Y
25.61%
CURRENT VS TTM AVG
-3.75%
CURRENT VS 3Y AVG
+0.12%
CURRENT VS 5Y AVG
-2.59%
CURRENT VS 10Y AVG
-11.46%
CURRENT VS 15Y AVG
-20.89%
CURRENT VS 20Y AVG
-28.70%
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 | 18.26% |
| 2026-03-31 | 18.16% |
| 2025-12-31 | 17.42% |
| 2025-09-30 | 20.49% |
| 2025-06-30 | 20.52% |
| 2025-03-31 | 21.18% |
| 2024-12-31 | 19.70% |
| 2024-09-30 | 14.74% |
| 2024-06-30 | 18.00% |
| 2024-03-31 | 17.55% |
| 2023-12-31 | 14.57% |
| 2023-09-30 | 17.70% |
| 2023-06-30 | 18.79% |
| 2023-03-31 | 17.68% |
| 2022-12-31 | 18.53% |
| 2022-09-30 | 19.84% |
| 2022-06-30 | 21.08% |
| 2022-03-31 | 21.99% |
| 2021-12-31 | 20.25% |
| 2021-09-30 | 18.44% |
| 2021-06-30 | 28.99% |
| 2021-03-31 | 22.42% |
| 2020-12-31 | 20.41% |
| 2020-09-30 | 18.26% |
| 2020-06-30 | 33.59% |
| 2020-03-31 | 21.26% |
| 2019-12-31 | 7.94% |
| 2019-09-30 | 16.68% |
| 2019-06-30 | 22.78% |
| 2019-03-31 | 24.12% |
| 2018-12-31 | 23.11% |
| 2018-09-30 | -50.90% |
| 2018-06-30 | 22.46% |
| 2018-03-31 | 18.29% |
| 2017-12-31 | 155.08% |
| 2017-09-30 | 22.87% |
| 2017-06-30 | 23.47% |
| 2017-03-31 | 25.58% |
| 2016-12-31 | 25.56% |
| 2016-09-30 | 26.26% |
| 2016-06-30 | 25.58% |
| 2016-03-31 | 27.10% |
| 2015-12-31 | 16.10% |
| 2015-09-30 | 26.17% |
| 2015-06-30 | 25.64% |
| 2015-03-31 | 27.26% |
| 2014-12-31 | 28.66% |
| 2014-09-30 | 27.55% |
| 2014-06-30 | 27.89% |
| 2014-03-31 | 28.03% |
| 2013-12-31 | 0.52% |
| 2013-09-30 | 28.12% |
| 2013-06-30 | 27.41% |
| 2013-03-31 | 27.78% |
| 2012-12-31 | 32.00% |
| 2012-09-30 | 29.31% |
| 2012-06-30 | 30.00% |
| 2012-03-31 | 29.16% |
| 2011-12-31 | 31.49% |
| 2011-09-30 | 31.67% |
| 2011-06-30 | 32.86% |
| 2011-03-31 | 37.63% |
| 2010-12-31 | 32.41% |
| 2010-09-30 | 33.94% |
| 2010-06-30 | 33.65% |
| 2010-03-31 | 33.84% |
| 2009-12-31 | 34.89% |
| 2009-09-30 | 33.95% |
| 2009-06-30 | 34.35% |
| 2009-03-31 | 35.49% |
| 2008-12-31 | 34.83% |
| 2008-09-30 | 33.30% |
| 2008-06-30 | 33.58% |
| 2008-03-31 | 31.06% |
| 2007-12-31 | 33.33% |
| 2007-09-30 | 34.49% |
| 2007-06-30 | 34.51% |
| 2007-03-31 | 35.01% |
| 2006-12-31 | 35.35% |
| 2006-09-30 | 33.29% |
| 2006-06-30 | 34.97% |
| 2006-03-31 | 33.16% |
| 2005-12-31 | 23.40% |
| 2005-09-30 | 20.17% |
| 2005-06-30 | 29.69% |
| 2005-03-31 | 29.83% |
| 2004-12-31 | 34.09% |
| 2004-09-30 | 34.29% |
| 2004-06-30 | 34.39% |
| 2004-03-31 | 34.39% |
| 2003-12-31 | 33.56% |
| 2003-09-30 | 33.61% |
| 2003-06-30 | 34.32% |
| 2003-03-31 | 35.98% |
| 2002-12-31 | 35.00% |
| 2002-09-30 | 34.80% |
