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 21.47% is in line with its 5-year average of 22.27%, near the high end of its 5-year range (-360.00%–70.63%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.29% below its 12-month average of 22.43%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 21.47%.
TAX RATE
21.47%
TAX RATE AVG TTM
22.43%
TAX RATE AVG 3Y
22.53%
TAX RATE AVG 5Y
22.27%
TAX RATE AVG 10Y
21.18%
TAX RATE AVG 15Y
26.52%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-4.29%
CURRENT VS 3Y AVG
-4.71%
CURRENT VS 5Y AVG
-3.62%
CURRENT VS 10Y AVG
+1.38%
CURRENT VS 15Y AVG
-19.05%
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 | 21.47% |
| 2026-03-31 | 22.57% |
| 2025-12-31 | 23.74% |
| 2025-09-30 | 22.72% |
| 2025-06-30 | 21.66% |
| 2025-03-31 | 19.17% |
| 2024-12-31 | 22.99% |
| 2024-09-30 | 22.61% |
| 2024-06-30 | 22.18% |
| 2024-03-31 | 70.63% |
| 2023-09-30 | 22.93% |
| 2023-06-30 | 22.44% |
| 2023-03-31 | -360.00% |
| 2022-12-31 | 17.43% |
| 2022-09-30 | 22.92% |
| 2022-06-30 | 20.00% |
| 2022-03-31 | 16.11% |
| 2021-12-31 | 23.32% |
| 2021-09-30 | 23.42% |
| 2021-06-30 | 22.25% |
| 2021-03-31 | 19.89% |
| 2020-12-31 | 22.55% |
| 2020-09-30 | 21.24% |
| 2020-06-30 | 20.75% |
| 2020-03-31 | 19.36% |
| 2019-12-31 | 19.50% |
| 2019-09-30 | 20.89% |
| 2019-06-30 | 20.35% |
| 2019-03-31 | 22.76% |
| 2018-12-31 | 13.76% |
| 2018-09-30 | 21.77% |
| 2018-06-30 | 14.91% |
| 2018-03-31 | 15.10% |
| 2017-12-31 | 77.98% |
| 2017-09-30 | 34.50% |
| 2017-06-30 | 34.51% |
| 2017-03-31 | 29.89% |
| 2016-12-31 | 32.43% |
| 2016-09-30 | 34.52% |
| 2016-06-30 | 34.49% |
| 2016-03-31 | 34.51% |
| 2015-12-31 | 36.75% |
| 2015-09-30 | 33.99% |
| 2015-06-30 | 34.03% |
| 2015-03-31 | 33.99% |
| 2014-12-31 | 35.16% |
| 2014-09-30 | 34.02% |
| 2014-06-30 | 33.95% |
| 2014-03-31 | 34.01% |
| 2013-12-31 | 42.00% |
| 2013-09-30 | 33.96% |
| 2013-06-30 | 33.95% |
| 2013-03-31 | 33.96% |
| 2012-12-31 | 28.56% |
| 2012-09-30 | 45.70% |
| 2012-06-30 | 34.05% |
