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 18.98% is 55% above its 5-year average of 12.22%, near the high end of its 5-year range (-0.41%–19.10%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.77% above its 12-month average of 17.78%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 18.98%.
TAX RATE
18.98%
TAX RATE AVG TTM
17.78%
TAX RATE AVG 3Y
11.95%
TAX RATE AVG 5Y
12.22%
TAX RATE AVG 10Y
14.45%
TAX RATE AVG 15Y
19.77%
TAX RATE AVG 20Y
20.13%
CURRENT VS TTM AVG
+6.77%
CURRENT VS 3Y AVG
+58.88%
CURRENT VS 5Y AVG
+55.32%
CURRENT VS 10Y AVG
+31.33%
CURRENT VS 15Y AVG
-4.00%
CURRENT VS 20Y AVG
-5.69%
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 | 18.98% |
| 2026-03-31 | 19.10% |
| 2025-12-31 | 17.66% |
| 2025-06-30 | 15.38% |
| 2025-03-31 | 14.75% |
| 2024-09-30 | -0.41% |
| 2024-06-30 | 10.92% |
| 2024-03-31 | 8.59% |
| 2023-09-30 | 7.34% |
| 2023-06-30 | 7.18% |
| 2023-03-31 | 9.27% |
| 2022-12-31 | 11.12% |
| 2022-09-30 | 7.79% |
| 2022-06-30 | 13.79% |
| 2022-03-31 | 13.06% |
| 2021-12-31 | 16.00% |
| 2021-09-30 | 14.95% |
| 2021-06-30 | 14.53% |
| 2021-03-31 | 14.45% |
| 2020-12-31 | 8.24% |
| 2020-09-30 | 17.56% |
| 2020-06-30 | 11.98% |
| 2020-03-31 | 11.96% |
| 2019-12-31 | 17.45% |
| 2019-09-30 | 16.32% |
| 2019-06-30 | 16.57% |
| 2019-03-31 | 16.09% |
| 2018-12-31 | 16.18% |
| 2018-09-30 | 16.58% |
| 2018-06-30 | 16.50% |
| 2018-03-31 | 16.45% |
| 2017-12-31 | 42.94% |
| 2017-09-30 | 23.47% |
| 2017-06-30 | 27.95% |
| 2017-03-31 | 27.07% |
| 2016-12-31 | 22.31% |
| 2016-09-30 | 28.17% |
| 2016-06-30 | 29.33% |
| 2016-03-31 | 26.88% |
| 2015-12-31 | 26.40% |
| 2015-09-30 | 23.99% |
| 2015-06-30 | 27.04% |
| 2015-03-31 | 26.30% |
| 2014-12-31 | 25.17% |
| 2014-09-30 | 25.96% |
| 2014-06-30 | 28.34% |
| 2014-03-31 | 20.16% |
| 2013-12-31 | 20.91% |
| 2013-09-30 | 25.40% |
| 2013-06-30 | 28.29% |
| 2013-03-31 | 28.30% |
| 2012-12-31 | 29.83% |
| 2012-09-30 | 28.97% |
| 2012-06-30 | 31.54% |
| 2012-03-31 | 30.33% |
| 2011-12-31 | 24.49% |
| 2011-09-30 | 26.55% |
| 2011-06-30 | 24.41% |
| 2011-03-31 | 22.66% |
| 2010-12-31 | 24.39% |
| 2010-09-30 | 24.69% |
| 2010-06-30 | 19.05% |
| 2010-03-31 | 16.31% |
| 2009-12-31 | 13.78% |
| 2009-09-30 | 19.17% |
| 2009-06-30 | 19.41% |
| 2009-03-31 | 20.54% |
| 2008-12-31 | 20.38% |
| 2008-09-30 | 0.15% |
| 2008-06-30 | 14.67% |
| 2008-03-31 | 24.11% |
| 2007-12-31 | 24.41% |
| 2007-09-30 | 26.68% |
| 2007-06-30 | 25.11% |
| 2007-03-31 | 23.80% |
| 2006-12-31 | 28.15% |
| 2006-09-30 | 27.17% |
| 2006-06-30 | 28.50% |
| 2006-03-31 | 25.58% |
| 2005-12-31 | 30.94% |
| 2005-09-30 | 30.14% |
| 2005-06-30 | 29.29% |
| 2005-03-31 | 25.33% |
| 2004-12-31 | 28.19% |
| 2004-09-30 | 27.06% |
| 2004-06-30 | 26.41% |
| 2004-03-31 | 23.50% |
| 2003-12-31 | 23.42% |
| 2003-09-30 | 28.72% |
| 2003-06-30 | 29.37% |
| 2003-03-31 | 30.96% |
| 2002-12-31 | 33.63% |
| 2002-09-30 | 34.28% |
