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 11.21% is 36% below its 5-year average of 17.54%, near the low end of its 5-year range (11.21%–38.29%).
As of the fiscal period ended Tuesday, June 30, 2026. 33.68% below its 12-month average of 16.91%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 11.21%.
TAX RATE
11.21%
TAX RATE AVG TTM
16.91%
TAX RATE AVG 3Y
17.86%
TAX RATE AVG 5Y
17.54%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-33.68%
CURRENT VS 3Y AVG
-37.21%
CURRENT VS 5Y AVG
-36.06%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
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 | 11.21% |
| 2026-03-31 | 16.09% |
| 2025-12-31 | 24.17% |
| 2025-09-30 | 15.72% |
| 2025-06-30 | 17.33% |
| 2025-03-31 | 19.26% |
| 2024-12-31 | 21.16% |
| 2024-09-30 | 18.23% |
| 2024-06-30 | 18.22% |
| 2024-03-31 | 18.22% |
| 2023-12-31 | 38.29% |
| 2023-09-30 | 17.36% |
| 2023-06-30 | 16.97% |
| 2023-03-31 | 17.43% |
| 2022-12-31 | 17.46% |
| 2022-09-30 | 16.14% |
| 2022-06-30 | 18.11% |
| 2022-03-31 | 18.11% |
| 2021-12-31 | 18.83% |
| 2021-09-30 | 18.14% |
| 2021-06-30 | 16.49% |
| 2021-03-31 | 17.10% |
| 2020-12-31 | 20.65% |
| 2020-09-30 | 22.74% |
| 2020-06-30 | 23.09% |
| 2020-03-31 | 22.34% |
| 2019-12-31 | 23.05% |
| 2019-09-30 | 23.59% |
| 2019-06-30 | 24.41% |
| 2019-03-31 | 21.78% |
| 2018-12-31 | 24.35% |
| 2018-09-30 | 25.35% |
| 2018-06-30 | 22.90% |
| 2018-03-31 | 42.67% |
| 2017-12-31 | 0.18% |