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 21.61% is in line with its 5-year average of 20.78%, near the high end of its 5-year range (15.25%–23.39%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.54% above its 12-month average of 21.29%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 21.61%.
TAX RATE
21.61%
TAX RATE AVG TTM
21.29%
TAX RATE AVG 3Y
21.37%
TAX RATE AVG 5Y
20.78%
TAX RATE AVG 10Y
20.70%
TAX RATE AVG 15Y
26.35%
TAX RATE AVG 20Y
28.38%
CURRENT VS TTM AVG
+1.54%
CURRENT VS 3Y AVG
+1.14%
CURRENT VS 5Y AVG
+4.00%
CURRENT VS 10Y AVG
+4.39%
CURRENT VS 15Y AVG
-17.97%
CURRENT VS 20Y AVG
-23.84%
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 | 21.61% |
| 2026-03-31 | 21.32% |
| 2025-12-31 | 21.04% |
| 2025-09-30 | 20.66% |
| 2025-06-30 | 21.79% |
| 2025-03-31 | 21.06% |
| 2024-12-31 | 21.56% |
| 2024-09-30 | 20.30% |
| 2024-06-30 | 22.29% |
| 2024-03-31 | 21.61% |
| 2023-12-31 | 18.99% |
| 2023-09-30 | 21.83% |
| 2023-06-30 | 21.38% |
| 2023-03-31 | 22.61% |
| 2022-12-31 | 18.55% |
| 2022-09-30 | 19.00% |
| 2022-06-30 | 19.08% |
| 2022-03-31 | 17.83% |
| 2021-12-31 | 15.25% |
| 2021-09-30 | 19.74% |
| 2021-06-30 | 23.39% |
| 2021-03-31 | 18.51% |
| 2020-12-31 | 20.28% |
| 2020-09-30 | 18.41% |
| 2020-06-30 | 18.08% |
| 2020-03-30 | 19.97% |
| 2019-12-31 | 14.96% |
| 2019-09-30 | 22.34% |
| 2019-06-30 | 22.04% |
| 2019-03-31 | 22.38% |
| 2018-12-31 | 20.29% |
| 2018-09-30 | 21.55% |
| 2018-06-30 | 23.22% |
| 2018-03-31 | 19.82% |
| 2017-12-31 | 47.25% |
| 2017-09-30 | 33.25% |
| 2017-06-30 | 31.06% |
| 2017-03-31 | 33.57% |
| 2016-12-31 | 36.06% |
| 2016-09-30 | 33.92% |
| 2016-06-30 | 33.74% |
| 2016-03-31 | 34.21% |
| 2015-12-31 | 34.17% |
| 2015-09-30 | 36.01% |
| 2015-06-30 | 34.28% |
| 2015-03-31 | 34.08% |
| 2014-12-31 | 31.21% |
| 2014-09-30 | 31.97% |
| 2014-06-30 | 26.98% |
| 2014-03-31 | 28.63% |
| 2013-12-31 | 30.16% |
| 2013-09-30 | 31.18% |
| 2013-06-30 | 35.06% |
| 2013-03-31 | 34.92% |
| 2012-12-31 | 32.71% |
| 2012-09-30 | 31.56% |
| 2012-06-30 | 36.33% |
| 2012-03-31 | 36.47% |
| 2011-12-31 | 37.68% |
| 2011-09-30 | 30.99% |
| 2011-06-30 | 37.03% |
| 2011-03-31 | 36.33% |
| 2010-12-31 | 36.16% |
| 2010-09-30 | 35.86% |
| 2010-06-30 | 36.19% |
| 2010-03-31 | 33.67% |
| 2009-12-31 | 35.16% |
| 2009-09-30 | 30.51% |
| 2009-06-30 | 34.24% |
| 2009-03-31 | 32.02% |
| 2008-12-31 | 35.26% |
| 2008-09-30 | 33.42% |
| 2008-06-30 | 34.49% |
| 2008-03-31 | 35.30% |
| 2007-12-31 | 33.64% |
| 2007-09-30 | 35.68% |
| 2007-06-30 | 35.94% |
| 2007-03-31 | 34.05% |
| 2006-12-31 | 32.41% |
| 2006-09-30 | 36.24% |
| 2006-06-30 | 34.86% |
| 2006-03-31 | 36.13% |
| 2005-12-31 | 31.86% |
| 2005-09-30 | 33.17% |
| 2005-06-30 | 33.98% |
| 2005-03-31 | 33.14% |
| 2004-12-31 | 36.77% |
| 2004-09-30 | 34.32% |
| 2004-06-30 | 35.13% |
| 2004-03-31 | 35.55% |
| 2003-12-31 | 35.79% |
| 2003-09-30 | 32.30% |
| 2003-06-30 | 35.88% |
| 2003-03-31 | 34.61% |
| 2002-12-31 | 35.33% |
| 2002-09-30 | 33.72% |
