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 17.96% is in line with its 5-year average of 18.43%, around the middle of its 5-year range (12.98%–22.34%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.21% below its 12-month average of 18.37%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 17.96%.
TAX RATE
17.96%
TAX RATE AVG TTM
18.37%
TAX RATE AVG 3Y
18.14%
TAX RATE AVG 5Y
18.43%
TAX RATE AVG 10Y
18.42%
TAX RATE AVG 15Y
23.66%
TAX RATE AVG 20Y
25.16%
CURRENT VS TTM AVG
-2.21%
CURRENT VS 3Y AVG
-0.99%
CURRENT VS 5Y AVG
-2.52%
CURRENT VS 10Y AVG
-2.50%
CURRENT VS 15Y AVG
-24.08%
CURRENT VS 20Y AVG
-28.60%
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 | 17.96% |
| 2026-03-31 | 19.42% |
| 2025-12-31 | 18.03% |
| 2025-09-30 | 18.13% |
| 2025-06-30 | 18.30% |
| 2025-03-31 | 18.39% |
| 2024-12-31 | 18.64% |
| 2024-09-30 | 18.67% |
| 2024-06-30 | 18.24% |
| 2024-03-31 | 17.82% |
| 2023-09-30 | 16.18% |
| 2023-06-30 | 17.24% |
| 2023-03-31 | 17.81% |
| 2022-12-31 | 12.98% |
| 2022-09-30 | 18.67% |
| 2022-06-30 | 17.78% |
| 2022-03-31 | 18.81% |
| 2021-12-31 | 22.34% |
| 2021-09-30 | 19.65% |
| 2021-06-30 | 19.68% |
| 2021-03-31 | 18.86% |
| 2020-12-31 | 17.81% |
| 2020-09-30 | 18.86% |
| 2020-06-30 | 18.60% |
| 2020-03-31 | 15.32% |
| 2019-12-31 | 18.79% |
| 2019-09-30 | 19.82% |
| 2019-06-30 | 19.21% |
| 2019-03-31 | 18.95% |
| 2018-12-31 | 18.26% |
| 2018-09-30 | 12.58% |
| 2018-06-30 | 7.18% |
| 2018-03-31 | 16.43% |
| 2017-12-31 | 190.99% |
| 2017-09-30 | 32.41% |
| 2017-06-30 | 33.87% |
| 2017-03-31 | 34.23% |
| 2016-12-31 | 34.63% |
| 2016-09-30 | 34.74% |
| 2016-06-30 | 34.08% |
| 2016-03-31 | 32.57% |
| 2015-12-31 | 35.20% |
| 2015-09-30 | 35.18% |
| 2015-06-30 | 34.19% |
| 2015-03-31 | 34.36% |
| 2014-12-31 | 34.91% |
| 2014-09-30 | 33.84% |
| 2014-06-30 | 34.82% |
| 2014-03-31 | 34.47% |
| 2013-12-31 | 34.31% |
| 2013-09-30 | 32.95% |
| 2013-06-30 | 30.89% |
| 2012-12-31 | 27.10% |
| 2012-06-30 | 27.24% |
| 2012-03-31 | 9.60% |
| 2011-09-30 | 31.94% |
| 2011-06-30 | 31.95% |
| 2011-03-31 | 32.12% |
| 2010-09-30 | 27.20% |
| 2010-06-30 | 28.51% |
| 2010-03-31 | 27.47% |
| 2009-12-31 | -4.36% |
| 2009-09-30 | 30.58% |
| 2009-06-30 | 31.55% |
| 2009-03-31 | 31.85% |
| 2008-09-30 | 27.91% |
| 2008-06-30 | 31.10% |
| 2008-03-31 | 32.82% |
| 2007-12-31 | 27.78% |
| 2007-09-30 | 29.57% |
| 2007-06-30 | 29.15% |
| 2007-03-31 | 30.11% |
| 2006-12-31 | 30.63% |
| 2006-09-30 | 31.28% |
| 2006-06-30 | 32.04% |
| 2006-03-31 | 30.26% |
| 2005-12-31 | 29.84% |
| 2005-09-30 | 30.91% |
| 2005-06-30 | 30.52% |
| 2005-03-31 | 30.24% |
| 2004-12-31 | 30.64% |
| 2004-09-30 | 30.99% |
| 2004-06-30 | 32.47% |
| 2004-03-31 | 31.45% |
| 2003-12-31 | 30.93% |
| 2003-09-30 | 33.51% |
| 2003-06-30 | 30.64% |
| 2003-03-31 | 30.43% |
| 2002-12-31 | 30.43% |
| 2002-09-30 | 29.67% |
