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 17.45% is 25% above its 5-year average of 13.92%, near the high end of its 5-year range (-337.38%–19.33%).
As of the fiscal period ended Tuesday, June 30, 2026. 18.63% above its 12-month average of 14.71%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 17.45%.
TAX RATE
17.45%
TAX RATE AVG TTM
14.71%
TAX RATE AVG 3Y
13.39%
TAX RATE AVG 5Y
13.92%
TAX RATE AVG 10Y
14.88%
TAX RATE AVG 15Y
19.03%
TAX RATE AVG 20Y
20.05%
CURRENT VS TTM AVG
+18.63%
CURRENT VS 3Y AVG
+30.29%
CURRENT VS 5Y AVG
+25.39%
CURRENT VS 10Y AVG
+17.25%
CURRENT VS 15Y AVG
-8.32%
CURRENT VS 20Y AVG
-12.99%
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 | 17.45% |
| 2026-03-31 | 11.60% |
| 2025-12-31 | 13.80% |
| 2025-09-30 | 14.50% |
| 2025-06-30 | 16.19% |
| 2025-03-31 | 15.41% |
| 2024-12-31 | 12.40% |
| 2024-09-30 | 13.77% |
| 2024-06-30 | 13.44% |
| 2024-03-31 | 12.07% |
| 2023-12-31 | -337.38% |
| 2023-09-30 | 9.95% |
| 2023-06-30 | 10.14% |
| 2023-03-31 | 14.69% |
| 2022-12-31 | 19.33% |
| 2022-09-30 | 13.29% |
| 2022-06-30 | 15.56% |
| 2022-03-31 | 13.20% |
| 2021-12-31 | 13.48% |
| 2021-09-30 | 12.42% |
| 2021-06-30 | 15.64% |
| 2021-03-31 | 15.54% |
| 2020-12-31 | 11.98% |
| 2020-09-30 | 16.10% |
| 2020-06-30 | 20.75% |
| 2020-03-31 | 16.57% |
| 2019-12-31 | 17.71% |
| 2019-09-30 | 16.65% |
| 2019-06-30 | 16.45% |
| 2019-03-31 | 16.16% |
| 2018-12-31 | 15.57% |
| 2018-09-30 | 16.34% |
| 2018-06-30 | 16.30% |
| 2018-03-31 | 16.68% |
| 2017-12-31 | -59.93% |
| 2017-09-30 | 22.82% |
| 2017-06-30 | 25.29% |
| 2017-03-31 | 25.59% |
| 2016-12-31 | 26.67% |
| 2016-09-30 | 27.61% |
| 2016-06-30 | 25.76% |
| 2016-03-31 | 25.62% |
| 2015-12-31 | 25.82% |
| 2015-09-30 | 26.26% |
| 2015-06-30 | -2.89% |
| 2015-03-31 | 25.80% |
| 2014-12-31 | 25.31% |
| 2014-09-30 | 25.63% |
| 2014-06-30 | 25.50% |
| 2014-03-31 | 25.26% |
| 2013-12-31 | 29.46% |
| 2013-09-30 | 25.50% |
| 2013-06-30 | 25.28% |
| 2013-03-31 | 25.49% |
| 2012-12-31 | 21.07% |
| 2012-09-30 | 25.78% |
| 2012-06-30 | 24.61% |
| 2012-03-31 | 23.91% |
| 2011-12-31 | 24.23% |
| 2011-09-30 | 25.28% |
| 2011-06-30 | 25.06% |
| 2011-03-31 | 23.65% |
| 2010-09-30 | -14.59% |
| 2010-06-30 | 16.74% |
| 2010-03-31 | 11.07% |
| 2009-06-30 | 21.37% |
| 2009-03-31 | 21.52% |
| 2008-12-31 | 13.40% |
| 2008-09-30 | 19.53% |
| 2008-06-30 | 26.56% |
| 2008-03-31 | 24.88% |
| 2007-12-31 | 26.62% |
| 2007-09-30 | 26.47% |
| 2007-06-30 | 25.92% |
| 2007-03-31 | 25.66% |
| 2006-12-31 | 26.02% |
| 2006-09-30 | 25.31% |
| 2006-06-30 | 23.45% |
| 2006-03-31 | 24.22% |
| 2005-12-31 | 21.14% |
| 2005-09-30 | 23.85% |
| 2005-06-30 | 25.88% |
| 2005-03-31 | 26.00% |
| 2004-12-31 | 26.28% |
| 2004-09-30 | 23.17% |
| 2004-06-30 | 24.72% |
| 2004-03-31 | 17.16% |
| 2003-09-30 | 21.13% |
| 2003-06-30 | 24.07% |
| 2003-03-31 | 25.69% |
| 2002-12-31 | 29.53% |
| 2002-09-30 | 27.66% |