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 18.48% is in line with its 5-year average of 17.88%, near the high end of its 5-year range (2.01%–18.91%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.05% above its 12-month average of 17.93%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 18.48%.
TAX RATE
18.48%
TAX RATE AVG TTM
17.93%
TAX RATE AVG 3Y
17.26%
TAX RATE AVG 5Y
17.88%
TAX RATE AVG 10Y
17.59%
TAX RATE AVG 15Y
20.99%
TAX RATE AVG 20Y
21.61%
CURRENT VS TTM AVG
+3.05%
CURRENT VS 3Y AVG
+7.10%
CURRENT VS 5Y AVG
+3.35%
CURRENT VS 10Y AVG
+5.08%
CURRENT VS 15Y AVG
-11.95%
CURRENT VS 20Y AVG
-14.47%
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 | 18.48% |
| 2026-03-31 | 16.48% |
| 2025-12-31 | 18.72% |
| 2025-09-30 | 18.15% |
| 2025-06-30 | 17.84% |
| 2025-03-31 | 16.43% |
| 2024-12-31 | 17.96% |
| 2024-09-30 | 14.97% |
| 2024-06-30 | 2.01% |
| 2024-03-31 | 14.01% |
| 2023-09-30 | 18.91% |
| 2023-06-30 | 17.87% |
| 2023-03-31 | 17.76% |
| 2022-12-31 | 17.75% |
| 2022-09-30 | 18.34% |
| 2022-06-30 | 17.97% |
| 2022-03-31 | 17.37% |
| 2021-12-31 | 17.90% |
| 2021-09-30 | 17.57% |
| 2021-06-30 | 18.49% |
| 2021-03-31 | 18.09% |
| 2020-12-31 | 18.26% |
| 2020-09-30 | 17.92% |
| 2020-06-30 | 18.24% |
| 2020-03-31 | 12.92% |
| 2019-12-31 | 20.40% |
| 2019-09-30 | 16.90% |
| 2019-06-30 | 17.07% |
| 2019-03-31 | 16.90% |
| 2018-12-31 | 17.91% |
| 2018-09-30 | 16.78% |
| 2018-06-30 | 15.07% |
| 2018-03-31 | 15.11% |
| 2017-12-31 | 21.95% |
| 2017-09-30 | 25.08% |
| 2017-06-30 | 25.48% |
| 2017-03-31 | 26.79% |
| 2016-12-31 | 26.79% |
| 2016-09-30 | 25.57% |
| 2016-06-30 | 26.00% |
| 2016-03-31 | 26.49% |
| 2015-12-31 | 25.99% |
| 2015-09-30 | 25.94% |
| 2015-06-30 | 27.84% |
| 2015-03-31 | 27.63% |
| 2014-12-31 | 27.63% |
| 2014-09-30 | 25.96% |
| 2014-06-30 | 24.36% |
| 2014-03-31 | 21.58% |
| 2013-12-31 | 25.35% |
| 2013-09-30 | 25.43% |
| 2013-06-30 | 25.98% |
| 2013-03-31 | 23.03% |
| 2012-12-31 | 26.34% |
| 2012-09-30 | 23.65% |
| 2012-06-30 | 24.53% |
| 2012-03-31 | 26.12% |
| 2011-12-31 | 22.58% |
| 2011-09-30 | 23.73% |
| 2011-06-30 | 26.06% |
| 2011-03-31 | 18.97% |
| 2010-12-31 | 23.72% |
| 2010-09-30 | 22.34% |
| 2010-06-30 | 16.41% |
| 2010-03-31 | 22.93% |
| 2009-12-31 | 24.13% |
| 2009-09-30 | 22.35% |
| 2009-06-30 | 22.33% |
| 2009-03-31 | 21.61% |
| 2008-12-31 | 24.67% |
| 2008-09-30 | 25.41% |
| 2008-06-30 | 25.88% |
| 2008-03-31 | 24.75% |
| 2007-12-31 | 25.29% |
| 2007-09-30 | 23.97% |
| 2007-06-30 | 25.13% |
| 2007-03-31 | 23.48% |
| 2006-12-31 | 24.22% |
| 2006-09-30 | 25.33% |
| 2006-06-30 | 25.65% |
| 2006-03-31 | 24.67% |
| 2005-12-31 | 25.18% |
| 2005-09-30 | 25.40% |
| 2005-06-30 | 24.87% |
| 2005-03-31 | 24.61% |
| 2004-12-31 | 27.26% |
| 2004-09-30 | 27.16% |
| 2004-06-30 | 25.94% |
| 2004-03-31 | 27.86% |
| 2003-12-31 | 27.24% |
| 2003-09-30 | 25.34% |
| 2003-06-30 | 24.57% |
| 2003-03-31 | 28.78% |
| 2002-12-31 | 26.84% |
| 2002-09-30 | 28.39% |
