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 18.06% is in line with its 5-year average of 17.14%, near the high end of its 5-year range (11.40%–18.98%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.09% above its 12-month average of 18.04%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 18.06%.
TAX RATE
18.06%
TAX RATE AVG TTM
18.04%
TAX RATE AVG 3Y
17.12%
TAX RATE AVG 5Y
17.14%
TAX RATE AVG 10Y
17.74%
TAX RATE AVG 15Y
24.60%
TAX RATE AVG 20Y
26.41%
CURRENT VS TTM AVG
+0.09%
CURRENT VS 3Y AVG
+5.49%
CURRENT VS 5Y AVG
+5.35%
CURRENT VS 10Y AVG
+1.78%
CURRENT VS 15Y AVG
-26.58%
CURRENT VS 20Y AVG
-31.61%
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 | 18.06% |
| 2026-03-31 | 18.67% |
| 2025-12-31 | 17.73% |
| 2025-09-30 | 17.65% |
| 2025-06-30 | 18.11% |
| 2025-03-31 | 17.14% |
| 2024-12-31 | 17.23% |
| 2024-09-30 | 15.86% |
| 2024-06-30 | 16.24% |
| 2024-03-31 | 15.83% |
| 2023-12-31 | 17.85% |
| 2023-09-30 | 15.07% |
| 2023-06-30 | 11.40% |
| 2023-03-31 | 13.44% |
| 2022-12-31 | 16.11% |
| 2022-09-30 | 17.94% |
| 2022-06-30 | 17.86% |
| 2022-03-31 | 16.11% |
| 2021-12-31 | 18.49% |
| 2021-09-30 | 18.48% |
| 2021-06-30 | 18.98% |
| 2021-03-31 | 17.96% |
| 2020-12-31 | 19.80% |
| 2020-09-30 | 19.10% |
| 2020-06-30 | 18.44% |
| 2020-03-31 | 17.40% |
| 2019-12-31 | 19.66% |
| 2019-09-30 | 19.26% |
| 2019-06-30 | 19.94% |
| 2019-03-31 | 16.80% |
| 2018-12-31 | 20.42% |
| 2018-09-30 | 18.53% |
| 2018-06-30 | 20.24% |
| 2018-03-31 | 15.11% |
| 2017-12-31 | 50.32% |
| 2017-09-30 | 32.37% |
| 2017-06-30 | 32.49% |
| 2017-03-31 | 27.69% |
| 2016-12-31 | 32.74% |
| 2016-09-30 | 32.53% |
| 2016-06-30 | 32.24% |
| 2016-03-31 | 32.68% |
| 2015-12-31 | 32.36% |
| 2015-09-30 | 33.56% |
| 2015-06-30 | 33.20% |
| 2015-03-31 | 32.89% |
| 2014-12-31 | 33.45% |
| 2014-09-30 | 32.98% |
| 2014-06-30 | 33.70% |
| 2014-03-31 | 35.29% |
| 2013-12-31 | 32.34% |
| 2013-09-30 | 32.70% |
| 2013-06-30 | 35.82% |
| 2013-03-31 | 33.22% |
| 2012-12-31 | 30.68% |
| 2012-09-30 | 33.65% |
| 2012-06-30 | 33.25% |
| 2012-03-31 | 32.97% |
| 2011-12-31 | 30.77% |
| 2011-09-30 | 34.34% |
| 2011-06-30 | 33.37% |
| 2011-03-31 | 30.57% |
| 2010-12-31 | 32.45% |
| 2010-09-30 | 32.42% |
| 2010-06-30 | 33.39% |
| 2010-03-31 | 34.80% |
| 2009-12-31 | 33.15% |
| 2009-09-30 | 33.70% |
| 2009-06-30 | 31.08% |
| 2009-03-31 | 28.09% |
| 2008-12-31 | 31.81% |
| 2008-09-30 | 33.20% |
| 2008-06-30 | 29.82% |
| 2008-03-31 | 32.29% |
| 2007-12-31 | 29.43% |
| 2007-09-30 | 30.17% |
| 2007-06-30 | 31.64% |
| 2007-03-31 | 29.93% |
| 2006-12-31 | 30.70% |
| 2006-09-30 | 35.13% |
| 2006-06-30 | 34.58% |
| 2006-03-31 | 34.09% |
| 2005-12-31 | 34.74% |
| 2005-09-30 | 34.46% |
| 2005-06-30 | 34.87% |
| 2005-03-31 | 34.05% |
| 2004-12-31 | 33.80% |
| 2004-09-30 | 34.08% |
| 2004-06-30 | 32.89% |
| 2004-03-31 | 32.76% |
| 2003-12-31 | 29.77% |
| 2003-09-30 | 33.62% |
| 2003-06-30 | 34.20% |
| 2003-03-31 | 33.67% |
| 2002-12-31 | 34.86% |
| 2002-09-30 | 34.55% |
