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 20.77% is 27% above its 5-year average of 16.39%, near the high end of its 5-year range (13.31%–20.77%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.80% above its 12-month average of 18.74%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 20.77%.
TAX RATE
20.77%
TAX RATE AVG TTM
18.74%
TAX RATE AVG 3Y
16.58%
TAX RATE AVG 5Y
16.39%
TAX RATE AVG 10Y
15.98%
TAX RATE AVG 15Y
21.40%
TAX RATE AVG 20Y
23.31%
CURRENT VS TTM AVG
+10.80%
CURRENT VS 3Y AVG
+25.29%
CURRENT VS 5Y AVG
+26.71%
CURRENT VS 10Y AVG
+29.95%
CURRENT VS 15Y AVG
-2.95%
CURRENT VS 20Y AVG
-10.91%
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 | 20.77% |
| 2026-03-31 | 19.21% |
| 2025-12-31 | 16.11% |
| 2025-09-30 | 19.23% |
| 2025-06-30 | 18.40% |
| 2025-03-31 | 17.19% |
| 2024-12-31 | 17.32% |
| 2024-09-30 | 15.62% |
| 2024-06-30 | 14.70% |
| 2024-03-31 | 14.64% |
| 2023-12-31 | 13.31% |
| 2023-09-30 | 15.41% |
| 2023-06-30 | 13.58% |
| 2023-03-31 | 16.76% |
| 2022-12-31 | 18.50% |
| 2022-09-30 | 17.62% |
| 2022-06-30 | 14.14% |
| 2022-03-31 | 13.65% |
| 2021-12-31 | 15.79% |
| 2021-09-30 | 16.86% |
| 2021-06-30 | 15.38% |
| 2021-03-31 | 17.36% |
| 2020-12-31 | 14.52% |
| 2020-09-30 | 13.06% |
| 2020-06-30 | 14.23% |
| 2020-03-31 | 15.65% |
| 2019-12-31 | 15.46% |
| 2019-09-30 | 15.54% |
| 2019-06-30 | 16.55% |
| 2019-03-31 | 17.05% |
| 2018-12-31 | 7.96% |
| 2018-09-30 | 17.34% |
| 2018-06-30 | 12.00% |
| 2018-03-31 | 14.46% |
| 2017-12-31 | 36.85% |
| 2017-09-30 | 28.09% |
| 2017-06-30 | 27.57% |
| 2017-03-31 | 24.87% |
| 2016-12-31 | 26.41% |
| 2016-09-30 | 27.44% |
| 2016-06-30 | 27.18% |
| 2016-03-31 | 26.24% |
| 2015-12-31 | 31.12% |
| 2015-09-30 | 26.57% |
| 2015-06-30 | 28.33% |
| 2015-03-31 | 24.20% |
| 2014-12-31 | 26.35% |
| 2014-09-30 | 28.58% |
| 2014-06-30 | 31.26% |
| 2014-03-31 | 30.07% |
| 2013-12-31 | 29.98% |
| 2013-09-30 | 31.36% |
| 2013-06-30 | 31.45% |
| 2013-03-31 | 29.92% |
| 2012-12-31 | 30.56% |
| 2012-09-30 | 23.19% |
| 2012-06-30 | 29.13% |
| 2012-03-31 | 28.25% |
| 2011-12-31 | 28.42% |
| 2011-09-30 | 29.15% |
| 2011-06-30 | 27.48% |
| 2011-03-31 | 26.19% |
| 2010-12-31 | 30.09% |
| 2010-09-30 | 28.22% |
| 2010-06-30 | 25.86% |
| 2010-03-31 | 30.42% |
| 2009-12-31 | -10.74% |
| 2009-03-31 | 24.70% |
| 2008-12-31 | 27.88% |
| 2008-09-30 | 30.60% |
| 2008-06-30 | 30.38% |
| 2008-03-31 | 31.27% |
| 2007-12-31 | 31.01% |
| 2007-09-30 | 31.41% |
| 2007-06-30 | 32.58% |
| 2007-03-31 | 32.28% |
| 2006-12-31 | 34.75% |
| 2006-09-30 | 32.06% |
| 2006-06-30 | 33.29% |
| 2006-03-31 | 33.85% |
| 2005-12-31 | 35.05% |
| 2005-09-30 | 34.70% |
| 2005-06-30 | 34.34% |
| 2005-03-31 | 32.28% |
| 2004-12-31 | 35.67% |
| 2004-09-30 | 34.10% |
| 2004-06-30 | 34.97% |
| 2004-03-31 | 32.66% |
| 2003-12-31 | 34.10% |
| 2003-09-30 | 35.33% |
| 2003-06-30 | 35.11% |
| 2003-03-31 | 33.67% |
| 2002-12-31 | 35.38% |
| 2002-09-30 | 35.49% |
