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 16.85% is in line with its 5-year average of 18.70%, around the middle of its 5-year range (7.32%–23.53%).
As of the fiscal period ended Tuesday, June 30, 2026. 25.15% above its 12-month average of 13.46%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 16.85%.
TAX RATE
16.85%
TAX RATE AVG TTM
13.46%
TAX RATE AVG 3Y
17.88%
TAX RATE AVG 5Y
18.70%
TAX RATE AVG 10Y
19.39%
TAX RATE AVG 15Y
23.92%
TAX RATE AVG 20Y
24.12%
CURRENT VS TTM AVG
+25.15%
CURRENT VS 3Y AVG
-5.79%
CURRENT VS 5Y AVG
-9.89%
CURRENT VS 10Y AVG
-13.12%
CURRENT VS 15Y AVG
-29.57%
CURRENT VS 20Y AVG
-30.13%
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 | 16.85% |
| 2026-03-31 | 16.85% |
| 2025-12-31 | 7.32% |
| 2025-09-30 | 13.42% |
| 2025-06-30 | 12.88% |
| 2025-03-31 | 18.75% |
| 2024-12-31 | 15.50% |
| 2024-09-30 | 20.11% |
| 2024-06-30 | 20.11% |
| 2024-03-31 | 20.10% |
| 2023-12-31 | 20.54% |
| 2023-09-30 | 19.75% |
| 2023-06-30 | 19.75% |
| 2023-03-31 | 19.75% |
| 2022-12-31 | 18.86% |
| 2022-09-30 | 19.74% |
| 2022-06-30 | 19.75% |
| 2022-03-31 | 19.75% |
| 2021-12-31 | 23.53% |
| 2021-09-30 | 19.00% |
| 2021-06-30 | 19.00% |
| 2021-03-31 | 19.00% |
| 2020-12-31 | 20.62% |
| 2020-09-30 | 19.00% |
| 2020-06-30 | 19.01% |
| 2020-03-31 | 19.00% |
| 2019-12-31 | 15.95% |
| 2019-09-30 | 18.99% |
| 2019-06-30 | 19.00% |
| 2019-03-31 | 19.00% |
| 2018-12-31 | 18.67% |
| 2018-09-30 | 19.00% |
| 2018-06-30 | 18.99% |
| 2018-03-31 | 19.00% |
| 2017-12-31 | 35.95% |
| 2017-09-30 | 30.75% |
| 2017-06-30 | 30.75% |
| 2017-03-31 | 30.67% |
| 2016-12-31 | 32.88% |
| 2016-09-30 | 31.61% |
| 2016-06-30 | 31.62% |
| 2016-03-31 | 31.61% |
| 2015-12-31 | 28.85% |
| 2015-09-30 | 31.50% |
| 2015-06-30 | 29.57% |
| 2015-03-31 | 31.50% |
| 2014-12-31 | 29.37% |
| 2014-09-30 | 30.42% |
| 2014-06-30 | 39.03% |
| 2014-03-31 | 31.98% |
| 2013-12-31 | 32.96% |
| 2013-09-30 | 36.70% |
| 2013-06-30 | 30.41% |
| 2013-03-31 | 29.00% |
| 2012-12-31 | 29.43% |
| 2012-09-30 | 32.16% |
| 2012-06-30 | 31.74% |
| 2012-03-31 | 30.59% |
| 2011-12-31 | -923.73% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2008-09-30 | 4.68% |
| 2007-09-30 | 25.75% |
| 2007-06-30 | 25.47% |
| 2007-03-31 | 30.16% |
| 2006-12-31 | 32.07% |
| 2006-09-30 | 30.93% |
| 2006-06-30 | 30.84% |
| 2006-03-31 | 30.68% |
| 2005-12-31 | 32.98% |
| 2005-09-30 | 30.50% |
| 2005-06-30 | 30.84% |
| 2005-03-31 | 30.65% |
| 2004-12-31 | 24.70% |
| 2004-09-30 | 29.18% |
| 2004-06-30 | 28.03% |
| 2004-03-31 | 28.00% |
| 2003-12-31 | 27.73% |
| 2003-09-30 | 25.03% |
| 2003-06-30 | 28.25% |
| 2003-03-31 | 28.36% |
| 2002-12-31 | 27.88% |
| 2002-09-30 | 29.31% |
