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 18.73% is in line with its 5-year average of 19.10%, around the middle of its 5-year range (16.01%–20.14%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.32% above its 12-month average of 18.31%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 18.73%.
TAX RATE
18.73%
TAX RATE AVG TTM
18.31%
TAX RATE AVG 3Y
18.95%
TAX RATE AVG 5Y
19.10%
TAX RATE AVG 10Y
19.13%
TAX RATE AVG 15Y
22.13%
TAX RATE AVG 20Y
23.30%
CURRENT VS TTM AVG
+2.32%
CURRENT VS 3Y AVG
-1.13%
CURRENT VS 5Y AVG
-1.94%
CURRENT VS 10Y AVG
-2.08%
CURRENT VS 15Y AVG
-15.36%
CURRENT VS 20Y AVG
-19.61%
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 | 18.73% |
| 2026-03-31 | 18.96% |
| 2025-12-31 | 16.10% |
| 2025-09-30 | 18.97% |
| 2025-06-30 | 18.77% |
| 2025-03-31 | 19.10% |
| 2024-12-31 | 20.14% |
| 2024-09-30 | 19.02% |
| 2024-06-30 | 19.19% |
| 2024-03-31 | 19.03% |
| 2023-12-31 | 20.06% |
| 2023-09-30 | 18.85% |
| 2023-06-30 | 18.82% |
| 2023-03-31 | 18.89% |
| 2022-12-31 | 18.13% |
| 2022-09-30 | 19.43% |
| 2022-06-30 | 19.52% |
| 2022-03-31 | 18.36% |
| 2021-12-31 | 16.01% |
| 2021-09-30 | 19.51% |
| 2021-06-30 | 19.46% |
| 2021-03-31 | 18.73% |
| 2020-12-31 | 20.15% |
| 2020-09-30 | 17.01% |
| 2020-06-30 | 16.33% |
| 2020-03-31 | 21.44% |
| 2019-12-31 | 20.03% |
| 2019-09-30 | 17.85% |
| 2019-06-30 | 21.63% |
| 2019-03-31 | 21.01% |
| 2018-12-31 | 7.52% |
| 2018-09-30 | 17.63% |
| 2018-06-30 | 22.14% |
| 2018-03-31 | 22.25% |
| 2017-12-31 | 132.69% |
| 2017-09-30 | 30.26% |
| 2017-06-30 | 33.44% |
| 2017-03-31 | 33.21% |
| 2016-12-31 | 34.37% |
| 2016-09-30 | 33.98% |
| 2016-06-30 | 34.09% |
| 2016-03-31 | 34.09% |
| 2015-12-31 | 32.43% |
| 2015-09-30 | 33.91% |
| 2015-06-30 | 33.30% |
| 2015-03-31 | 33.76% |
| 2014-12-31 | 32.29% |
| 2014-09-30 | 32.96% |
| 2014-06-30 | 33.86% |
| 2014-03-31 | 33.19% |
| 2013-12-31 | 33.05% |
| 2013-09-30 | 33.51% |
| 2013-06-30 | 32.51% |
| 2013-03-31 | 31.33% |
| 2012-12-31 | 24.00% |
| 2012-09-30 | 13.35% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2008-03-31 | 28.24% |
| 2007-12-31 | 33.70% |
| 2007-09-30 | 32.78% |
| 2007-06-30 | 31.61% |
| 2007-03-31 | 31.70% |
| 2006-12-31 | 32.80% |
| 2006-09-30 | 31.90% |
| 2006-06-30 | 32.74% |
| 2006-03-31 | 32.17% |
| 2005-09-30 | 30.93% |
| 2005-06-30 | 30.70% |
| 2005-03-31 | 29.96% |
| 2004-12-31 | 31.20% |
| 2004-09-30 | 31.03% |
| 2004-06-30 | 30.45% |
| 2004-03-31 | 30.16% |
| 2003-12-31 | 29.25% |
| 2003-09-30 | 29.98% |
| 2003-06-30 | 30.42% |
| 2003-03-31 | 30.29% |
| 2002-09-30 | 28.22% |
