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 21.06% is in line with its 5-year average of 20.02%, near the high end of its 5-year range (-4.26%–25.06%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.33% above its 12-month average of 20.38%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 21.06%.
TAX RATE
21.06%
TAX RATE AVG TTM
20.38%
TAX RATE AVG 3Y
20.47%
TAX RATE AVG 5Y
20.02%
TAX RATE AVG 10Y
20.80%
TAX RATE AVG 15Y
22.65%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+3.33%
CURRENT VS 3Y AVG
+2.87%
CURRENT VS 5Y AVG
+5.20%
CURRENT VS 10Y AVG
+1.24%
CURRENT VS 15Y AVG
-7.05%
CURRENT VS 20Y AVG
N/A
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 | 21.06% |
| 2026-03-31 | 20.89% |
| 2025-12-31 | 18.35% |
| 2025-09-30 | 20.80% |
| 2025-06-30 | 20.81% |
| 2025-03-31 | 15.22% |
| 2024-12-31 | 25.06% |
| 2024-09-30 | -4.26% |
| 2024-06-30 | 20.96% |
| 2024-03-31 | 20.25% |
| 2023-12-31 | 19.08% |
| 2023-09-30 | 22.03% |
| 2023-06-30 | 20.49% |
| 2023-03-31 | 19.88% |
| 2022-12-31 | 20.31% |
| 2022-09-30 | 20.60% |
| 2022-06-30 | 19.13% |
| 2022-03-31 | 19.06% |
| 2021-12-31 | 18.48% |
| 2021-09-30 | 24.52% |
| 2021-06-30 | 18.14% |
| 2021-03-31 | 22.26% |
| 2020-12-31 | 21.36% |
| 2020-09-30 | 21.45% |
| 2020-06-30 | 21.23% |
| 2020-03-31 | 20.43% |
| 2019-12-31 | 10.51% |
| 2019-09-30 | 22.21% |
| 2019-06-30 | 20.81% |
| 2019-03-31 | 22.47% |
| 2018-12-31 | 10.68% |
| 2018-09-30 | 24.57% |
| 2018-06-30 | 13.91% |
| 2018-03-31 | 15.83% |
| 2017-12-31 | 28.89% |
| 2017-09-30 | 36.16% |
| 2017-06-30 | 27.09% |
| 2017-03-31 | 35.47% |
| 2016-12-31 | 35.58% |
| 2016-09-30 | 32.03% |
| 2016-06-30 | 36.19% |
| 2016-03-31 | 36.65% |
| 2015-12-31 | 37.63% |
| 2015-09-30 | 35.25% |
| 2015-06-30 | 35.14% |
| 2015-03-31 | 33.78% |
| 2014-12-31 | 22.14% |
| 2014-09-30 | 32.98% |
| 2014-06-30 | 33.56% |
| 2014-03-31 | 33.10% |
| 2013-12-31 | 31.51% |
| 2013-09-30 | 35.36% |
| 2013-06-30 | 34.26% |
| 2013-03-31 | 33.60% |
| 2012-12-31 | 17.41% |
| 2012-09-30 | -231.84% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
