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 20.28% is in line with its 5-year average of 21.11%, around the middle of its 5-year range (7.27%–48.37%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.50% above its 12-month average of 18.52%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 20.28%.
TAX RATE
20.28%
TAX RATE AVG TTM
18.52%
TAX RATE AVG 3Y
21.31%
TAX RATE AVG 5Y
21.11%
TAX RATE AVG 10Y
21.08%
TAX RATE AVG 15Y
26.62%
TAX RATE AVG 20Y
29.16%
CURRENT VS TTM AVG
+9.50%
CURRENT VS 3Y AVG
-4.85%
CURRENT VS 5Y AVG
-3.91%
CURRENT VS 10Y AVG
-3.81%
CURRENT VS 15Y AVG
-23.81%
CURRENT VS 20Y AVG
-30.46%
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 | 20.28% |
| 2026-03-31 | 20.91% |
| 2025-12-31 | 7.27% |
| 2025-09-30 | 21.55% |
| 2025-06-30 | 22.59% |
| 2025-03-31 | 22.17% |
| 2024-12-31 | 48.37% |
| 2024-09-30 | 17.24% |
| 2024-06-30 | 22.16% |
| 2024-03-31 | 20.49% |
| 2023-12-31 | 21.27% |
| 2023-09-30 | 20.61% |
| 2023-06-30 | 21.10% |
| 2023-03-31 | 21.63% |
| 2022-12-31 | 20.38% |
| 2022-09-30 | 21.18% |
| 2022-06-30 | 20.70% |
| 2022-03-31 | 20.38% |
| 2021-12-31 | 16.95% |
| 2021-09-30 | 20.10% |
| 2021-06-30 | 21.30% |
| 2021-03-31 | 21.34% |
| 2020-12-31 | 21.41% |
| 2020-09-30 | 21.36% |
| 2020-06-30 | 20.69% |
| 2020-03-31 | 20.26% |
| 2019-12-31 | 20.45% |
| 2019-09-30 | 20.81% |
| 2019-06-30 | 21.17% |
| 2019-03-31 | 20.88% |
| 2018-12-31 | 20.06% |
| 2018-09-30 | 21.17% |
| 2018-06-30 | 22.10% |
| 2018-03-31 | 22.02% |
| 2017-12-31 | 29.49% |
| 2017-09-30 | 33.29% |
| 2017-06-30 | 33.24% |
| 2017-03-31 | 33.20% |
| 2016-12-31 | 33.60% |
| 2016-09-30 | 39.97% |
| 2016-06-30 | 34.10% |
| 2016-03-31 | 32.75% |
| 2015-12-31 | 34.12% |
| 2015-09-30 | 34.48% |
| 2015-06-30 | 34.05% |
| 2015-03-31 | 34.58% |
| 2014-12-31 | 35.21% |
| 2014-09-30 | 34.63% |
| 2014-06-30 | 35.72% |
| 2014-03-31 | 34.81% |
| 2013-12-31 | 34.97% |
| 2013-09-30 | 40.54% |
| 2013-06-30 | 36.08% |
| 2013-03-31 | 33.42% |
| 2012-09-30 | 32.43% |
| 2012-06-30 | 31.54% |
| 2011-12-31 | 22.70% |
| 2011-09-30 | 33.94% |
| 2011-06-30 | 35.17% |
| 2011-03-31 | 37.01% |
| 2010-09-30 | 35.07% |
| 2010-06-30 | 35.53% |
| 2010-03-31 | 36.31% |
| 2009-12-31 | 37.54% |
| 2009-09-30 | 36.80% |
| 2009-06-30 | 39.08% |
| 2009-03-31 | 36.57% |
| 2008-12-31 | 37.15% |
| 2008-09-30 | 37.39% |
| 2008-06-30 | 37.43% |
| 2008-03-31 | 37.42% |
| 2007-12-31 | 37.32% |
| 2007-09-30 | 37.67% |
| 2007-06-30 | 37.73% |
| 2007-03-31 | 37.77% |
| 2006-12-31 | 36.44% |
| 2006-09-30 | 35.18% |
| 2006-06-30 | 38.71% |
| 2006-03-31 | 38.10% |
| 2005-12-31 | 14.30% |
| 2005-09-30 | 107.72% |
| 2005-06-30 | 38.90% |
| 2005-03-31 | 38.75% |
| 2004-12-31 | 32.47% |
| 2004-09-30 | 34.83% |
| 2004-06-30 | 34.05% |
| 2004-03-31 | 35.19% |
| 2003-12-31 | 34.96% |
| 2003-09-30 | 35.80% |
| 2003-06-30 | 34.85% |
| 2003-03-31 | 35.77% |
| 2002-12-31 | 35.13% |
| 2002-09-30 | 35.26% |
