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 17.39% is in line with its 5-year average of 17.44%, around the middle of its 5-year range (15.09%–19.33%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.87% above its 12-month average of 17.07%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 17.39%.
TAX RATE
17.39%
TAX RATE AVG TTM
17.07%
TAX RATE AVG 3Y
16.75%
TAX RATE AVG 5Y
17.44%
TAX RATE AVG 10Y
17.42%
TAX RATE AVG 15Y
18.81%
TAX RATE AVG 20Y
18.14%
CURRENT VS TTM AVG
+1.87%
CURRENT VS 3Y AVG
+3.82%
CURRENT VS 5Y AVG
-0.29%
CURRENT VS 10Y AVG
-0.18%
CURRENT VS 15Y AVG
-7.59%
CURRENT VS 20Y AVG
-4.16%
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 | 17.39% |
| 2026-03-31 | 16.69% |
| 2025-12-31 | 16.97% |
| 2025-09-30 | 17.50% |
| 2025-06-30 | 16.79% |
| 2025-03-31 | 15.83% |
| 2024-12-31 | 15.58% |
| 2024-09-30 | 15.81% |
| 2024-06-30 | 16.58% |
| 2024-03-31 | 16.43% |
| 2023-12-31 | 15.09% |
| 2023-09-30 | 17.71% |
| 2023-06-30 | 19.33% |
| 2023-03-31 | 18.88% |
| 2022-12-31 | 19.03% |
| 2022-09-30 | 18.67% |
| 2022-06-30 | 18.34% |
| 2022-03-31 | 17.86% |
| 2021-12-31 | 18.17% |
| 2021-09-30 | 18.91% |
| 2021-06-30 | 18.61% |
| 2021-03-31 | 18.27% |
| 2020-12-31 | 17.87% |
| 2020-09-30 | 17.94% |
| 2020-06-30 | 17.65% |
| 2020-03-31 | 14.61% |
| 2019-12-31 | 16.99% |
| 2019-09-30 | 16.80% |
| 2019-06-30 | 17.40% |
| 2019-03-31 | 16.03% |
| 2018-12-31 | 14.00% |
| 2018-09-30 | 17.62% |
| 2018-06-30 | 19.78% |
| 2018-03-31 | 17.14% |
| 2017-12-31 | 43.82% |
| 2017-09-30 | 27.74% |
| 2017-06-30 | 26.30% |
| 2017-03-31 | 26.00% |
| 2016-12-31 | 21.37% |
| 2016-09-30 | 28.00% |
| 2016-06-30 | 27.23% |
| 2016-03-31 | 27.39% |
| 2015-12-31 | 26.53% |
| 2015-09-30 | 28.02% |
| 2015-06-30 | 25.86% |
| 2015-03-31 | 26.27% |
| 2014-12-31 | 20.87% |
| 2014-09-30 | 26.64% |
| 2014-06-30 | 27.06% |
| 2014-03-31 | 17.02% |
| 2013-12-31 | 19.52% |
| 2013-09-30 | 21.18% |
| 2013-06-30 | 17.17% |
| 2013-03-31 | 13.18% |
| 2012-12-31 | 0.91% |
| 2012-09-30 | 0.28% |
| 2012-06-30 | -6.54% |
| 2012-03-31 | -10.39% |
| 2011-12-31 | -12.13% |
| 2011-09-30 | 9.92% |
| 2011-06-30 | 10.57% |
| 2011-03-31 | 13.16% |
| 2010-12-31 | 21.07% |
| 2010-09-30 | 3.01% |
| 2010-06-30 | 1.62% |
| 2010-03-31 | 11.52% |
| 2009-12-31 | -2.82% |
| 2009-09-30 | -6.95% |
| 2009-06-30 | -2.65% |
| 2009-03-31 | -39.89% |
| 2008-12-31 | -66.91% |
| 2008-09-30 | 34.73% |
| 2008-06-30 | 7.66% |
| 2007-12-31 | 14.81% |
| 2007-09-30 | 18.65% |
| 2007-06-30 | 18.36% |
| 2007-03-19 | 13.72% |
| 2006-12-31 | 20.50% |
| 2006-09-30 | 15.75% |
| 2006-06-30 | 18.53% |
| 2006-03-31 | 14.22% |
| 2005-12-31 | 20.57% |
| 2005-09-30 | 19.58% |
| 2005-06-30 | 16.63% |
| 2005-03-31 | 17.27% |
| 2004-12-31 | 23.74% |
| 2004-09-30 | 19.74% |
| 2004-06-30 | 19.99% |
| 2004-03-31 | 1.70% |
| 2003-12-31 | 12.21% |
| 2003-09-30 | 22.45% |
| 2003-06-30 | 20.89% |
| 2003-03-31 | 24.86% |
| 2002-12-31 | 9.97% |
| 2002-09-30 | 23.19% |
