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 20.64% is in line with its 5-year average of 19.44%, around the middle of its 5-year range (14.12%–24.96%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.65% above its 12-month average of 18.99%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 20.64%.
TAX RATE
20.64%
TAX RATE AVG TTM
18.99%
TAX RATE AVG 3Y
18.56%
TAX RATE AVG 5Y
19.44%
TAX RATE AVG 10Y
20.86%
TAX RATE AVG 15Y
23.89%
TAX RATE AVG 20Y
24.56%
CURRENT VS TTM AVG
+8.65%
CURRENT VS 3Y AVG
+11.18%
CURRENT VS 5Y AVG
+6.17%
CURRENT VS 10Y AVG
-1.08%
CURRENT VS 15Y AVG
-13.61%
CURRENT VS 20Y AVG
-15.98%
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 | 20.64% |
| 2026-03-31 | 18.58% |
| 2025-12-31 | 17.01% |
| 2025-09-30 | 19.43% |
| 2025-06-30 | 19.31% |
| 2025-03-31 | 17.31% |
| 2024-12-31 | 16.66% |
| 2024-09-30 | 18.74% |
| 2024-06-30 | 19.18% |
| 2024-03-31 | 14.12% |
| 2023-12-31 | 17.90% |
| 2023-09-30 | 18.63% |
| 2023-06-30 | 19.36% |
| 2023-03-31 | 18.28% |
| 2022-12-31 | 19.21% |
| 2022-09-30 | 20.38% |
| 2022-06-30 | 21.72% |
| 2022-03-31 | 21.67% |
| 2021-12-31 | 24.96% |
| 2021-09-30 | 22.15% |
| 2021-06-30 | 23.14% |
| 2021-03-31 | 24.20% |
| 2020-12-31 | 24.51% |
| 2020-09-30 | 24.41% |
| 2020-06-30 | 20.19% |
| 2020-03-31 | 21.17% |
| 2019-12-31 | 19.93% |
| 2019-09-30 | 23.08% |
| 2019-06-30 | 21.77% |
| 2019-03-31 | 19.39% |
| 2018-12-31 | 18.55% |
| 2018-09-30 | 20.80% |
| 2018-06-30 | 21.60% |
| 2018-03-31 | 18.49% |
| 2017-12-31 | 181.27% |
| 2017-09-30 | 28.98% |
| 2017-06-30 | 30.87% |
| 2017-03-31 | 25.22% |
| 2016-12-31 | 18.57% |
| 2016-09-30 | 26.14% |
| 2016-06-30 | 28.27% |
| 2016-03-31 | 21.79% |
| 2015-12-31 | 22.43% |
| 2015-09-30 | 29.34% |
| 2015-06-30 | 30.26% |
| 2015-03-31 | 26.69% |
| 2014-12-31 | 22.48% |
| 2014-09-30 | 30.28% |
| 2014-06-30 | 30.95% |
| 2014-03-31 | 29.87% |
| 2013-12-31 | 27.71% |
| 2013-09-30 | 30.74% |
| 2013-06-30 | 35.15% |
| 2013-03-31 | 31.68% |
| 2012-12-31 | 31.23% |
| 2012-09-30 | 32.46% |
| 2012-06-30 | 31.95% |
| 2012-03-31 | 31.50% |
| 2011-12-31 | 30.76% |
| 2011-09-30 | 31.51% |
| 2011-06-30 | 29.93% |
| 2011-03-31 | 30.24% |
| 2010-12-31 | 28.36% |
| 2010-09-30 | 30.16% |
| 2010-06-30 | 18.19% |
| 2010-03-31 | 24.98% |
| 2009-12-31 | 23.75% |
| 2009-09-30 | 30.16% |
| 2009-06-30 | 26.78% |
| 2009-03-31 | 20.92% |
| 2008-12-31 | -389.15% |
| 2008-09-30 | 67.95% |
| 2008-06-30 | 22.57% |
| 2008-03-31 | 21.67% |
| 2007-12-31 | 24.53% |
| 2007-09-30 | 28.29% |
| 2007-06-30 | 30.25% |
| 2007-03-31 | 28.84% |
| 2006-12-31 | 29.91% |
| 2006-09-30 | 31.57% |
| 2006-06-30 | 31.32% |
| 2006-03-31 | 30.62% |
| 2005-12-31 | 29.56% |
| 2005-09-30 | 30.43% |
| 2005-06-30 | 31.37% |
| 2005-03-31 | 30.70% |
| 2004-12-31 | 30.77% |
| 2004-09-30 | 32.14% |
| 2004-06-30 | 31.03% |
| 2004-03-31 | 29.16% |
| 2003-12-31 | 31.33% |
| 2003-09-30 | 33.60% |
| 2003-06-30 | 33.56% |
| 2003-03-31 | 32.67% |
| 2002-12-31 | 31.62% |
| 2002-09-30 | 31.59% |
