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 18.91% is 31% above its 5-year average of 14.45%, near the high end of its 5-year range (3.94%–21.24%).
As of the fiscal period ended Tuesday, June 30, 2026. 17.62% above its 12-month average of 16.08%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 18.91%.
TAX RATE
18.91%
TAX RATE AVG TTM
16.08%
TAX RATE AVG 3Y
14.90%
TAX RATE AVG 5Y
14.45%
TAX RATE AVG 10Y
12.80%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+17.62%
CURRENT VS 3Y AVG
+26.91%
CURRENT VS 5Y AVG
+30.87%
CURRENT VS 10Y AVG
+47.67%
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 | 18.91% |
| 2026-03-27 | 19.13% |
| 2025-12-31 | 3.94% |
| 2025-09-30 | 17.15% |
| 2025-06-30 | 21.24% |
| 2025-03-31 | 12.43% |
| 2024-12-31 | 12.47% |
| 2024-09-30 | 14.20% |
| 2024-06-30 | 12.94% |
| 2024-03-31 | 11.79% |
| 2023-12-31 | 12.33% |
| 2023-09-30 | 13.18% |
| 2023-06-30 | 13.02% |
| 2023-03-31 | 14.02% |
| 2022-12-31 | 14.47% |
| 2022-06-30 | 20.07% |
| 2022-03-31 | 12.65% |
| 2021-12-31 | 13.89% |
| 2021-09-30 | 12.26% |
| 2021-06-30 | 15.15% |
| 2021-03-31 | 13.55% |
| 2020-12-31 | 11.95% |
| 2020-09-30 | 11.47% |
| 2020-06-30 | 10.13% |
| 2019-12-31 | 16.58% |
| 2019-09-30 | 11.30% |
| 2019-06-30 | 11.26% |
| 2019-03-31 | 10.58% |
| 2018-12-31 | 13.47% |
| 2018-09-30 | 9.80% |
| 2018-06-30 | 72.26% |
| 2018-03-31 | -19.94% |
| 2017-12-31 | 3.95% |
| 2017-09-30 | 5.15% |
| 2017-06-30 | 1.09% |
| 2016-12-31 | 3.20% |
| 2016-09-30 | 6.09% |
| 2016-06-30 | -5.34% |
| 2015-12-31 | 34.73% |
| 2015-06-30 | 10.60% |
| 2015-03-31 | 8.74% |
| 2014-12-31 | 6.13% |
| 2014-06-30 | 2.75% |
| 2014-03-31 | -2.44% |
| 2013-12-31 | 6.88% |
| 2013-09-30 | 1.17% |
| 2013-03-31 | 9.88% |
| 2012-12-31 | 2.45% |