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 26% below its 5-year average of 24.64%, around the middle of its 5-year range (10.61%–35.04%).
As of the fiscal period ended Tuesday, June 30, 2026. 30.58% below its 12-month average of 26.37%.
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
26.37%
TAX RATE AVG 3Y
22.46%
TAX RATE AVG 5Y
24.64%
TAX RATE AVG 10Y
25.08%
TAX RATE AVG 15Y
25.03%
TAX RATE AVG 20Y
28.80%
CURRENT VS TTM AVG
-30.58%
CURRENT VS 3Y AVG
-18.47%
CURRENT VS 5Y AVG
-25.69%
CURRENT VS 10Y AVG
-27.02%
CURRENT VS 15Y AVG
-26.86%
CURRENT VS 20Y AVG
-36.43%
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 | 24.03% |
| 2025-12-31 | 35.04% |
| 2025-09-30 | 22.75% |
| 2025-06-30 | 31.73% |
| 2025-03-31 | 17.82% |
| 2024-12-31 | 10.61% |
| 2024-09-30 | 24.10% |
| 2024-06-30 | 23.43% |
| 2023-12-31 | 20.44% |
| 2023-09-30 | 18.76% |
| 2022-12-31 | 32.18% |
| 2022-09-30 | 31.39% |
| 2022-06-30 | 24.75% |
| 2022-03-31 | 30.17% |
| 2021-12-31 | 29.10% |
| 2021-09-30 | 25.67% |
| 2021-06-30 | 23.18% |
| 2020-12-31 | 26.54% |
| 2020-09-30 | 29.61% |
| 2020-06-30 | 29.59% |
| 2019-12-31 | 38.79% |
| 2019-09-30 | 13.90% |
| 2018-12-31 | 19.36% |
| 2018-09-30 | 11.67% |
| 2017-12-31 | 66.47% |
| 2017-09-30 | -193.33% |
| 2016-12-31 | 39.30% |
| 2016-03-31 | 29.17% |
| 2015-12-31 | 30.11% |
| 2015-09-30 | 20.39% |
| 2015-06-30 | 17.72% |
| 2014-12-31 | 33.48% |
| 2014-09-30 | 37.48% |
| 2014-06-30 | 17.65% |
| 2013-12-31 | 32.36% |
| 2013-09-30 | 27.98% |
| 2013-06-30 | 54.79% |
| 2012-12-31 | 32.90% |
| 2012-09-30 | -26.23% |
| 2011-12-31 | 33.63% |
| 2011-09-30 | 4.37% |
| 2011-06-30 | 6.70% |
| 2011-03-31 | 76.12% |
| 2010-12-31 | 36.02% |
| 2010-09-30 | 58.28% |
| 2010-06-30 | 106.61% |
| 2009-12-31 | 39.15% |
| 2009-09-30 | 33.04% |
| 2008-12-31 | 48.67% |
| 2008-09-30 | 49.14% |
| 2008-06-30 | 74.58% |
| 2007-12-31 | 206.55% |
| 2007-06-30 | 195.28% |
| 2006-12-31 | 36.03% |
| 2006-09-30 | 51.13% |
| 2006-06-30 | -37.72% |
| 2006-03-31 | 35.00% |
| 2005-12-31 | 10.89% |
| 2005-09-30 | 23.35% |
| 2005-06-30 | 37.18% |
| 2005-03-31 | 34.26% |
| 2004-12-31 | 39.20% |
| 2004-09-30 | 15.11% |
| 2004-06-30 | -32.92% |
| 2004-03-31 | 42.63% |
| 2003-12-31 | 43.29% |
| 2003-09-30 | 27.62% |
| 2003-06-30 | 141.38% |
| 2003-03-31 | 62.51% |
| 2002-12-31 | 47.35% |
| 2002-09-30 | 60.06% |
