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 17.25% is in line with its 5-year average of 17.42%, near the high end of its 5-year range (12.16%–19.24%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.36% above its 12-month average of 17.01%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 17.25%.
TAX RATE
17.25%
TAX RATE AVG TTM
17.01%
TAX RATE AVG 3Y
17.34%
TAX RATE AVG 5Y
17.42%
TAX RATE AVG 10Y
16.97%
TAX RATE AVG 15Y
19.14%
TAX RATE AVG 20Y
19.78%
CURRENT VS TTM AVG
+1.36%
CURRENT VS 3Y AVG
-0.57%
CURRENT VS 5Y AVG
-1.00%
CURRENT VS 10Y AVG
+1.59%
CURRENT VS 15Y AVG
-9.89%
CURRENT VS 20Y AVG
-12.79%
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 | 17.25% |
| 2026-03-31 | 17.63% |
| 2025-12-31 | 18.68% |
| 2025-09-30 | 17.86% |
| 2025-06-30 | 13.66% |
| 2025-03-31 | 17.07% |
| 2024-12-31 | 16.49% |
| 2024-09-30 | 17.05% |
| 2024-03-31 | 19.24% |
| 2023-12-31 | 17.36% |
| 2023-09-30 | 16.72% |
| 2023-06-30 | 12.16% |
| 2023-03-31 | 17.30% |
| 2022-12-31 | 19.07% |
| 2022-09-30 | 18.43% |
| 2022-06-30 | 17.62% |
| 2022-03-31 | 17.73% |
| 2021-12-31 | 17.32% |
| 2021-09-30 | 17.29% |
| 2021-06-30 | 16.93% |
| 2021-03-31 | 17.47% |
| 2020-12-31 | 17.05% |
| 2020-09-30 | 15.63% |
| 2020-06-30 | 14.01% |
| 2020-03-31 | 16.77% |
| 2019-12-31 | 16.79% |
| 2019-09-30 | 15.63% |
| 2019-06-30 | 15.51% |
| 2019-03-31 | 14.05% |
| 2018-12-31 | 14.96% |
| 2018-09-30 | 13.74% |
| 2018-06-30 | 13.71% |
| 2018-03-31 | 11.73% |
| 2017-12-31 | 50.15% |
| 2017-09-30 | 23.26% |
| 2017-06-30 | 21.37% |
| 2017-03-31 | 22.66% |
| 2016-12-31 | 20.43% |
| 2016-09-30 | 18.69% |
| 2016-06-30 | 22.00% |
| 2016-03-31 | 22.40% |
| 2015-12-31 | 21.56% |
| 2015-09-30 | 24.21% |
| 2015-06-30 | 24.17% |
| 2015-03-31 | 21.88% |
| 2014-12-31 | 23.51% |
| 2014-09-30 | 23.70% |
| 2014-06-30 | 23.08% |
| 2014-03-31 | 23.45% |
| 2013-12-31 | 24.33% |
| 2013-09-30 | 22.92% |
| 2013-06-30 | 23.02% |
| 2013-03-31 | 21.61% |
| 2012-12-31 | 22.83% |
| 2012-09-30 | 22.55% |
| 2012-06-30 | 22.67% |
| 2012-03-31 | 23.19% |
| 2011-12-31 | 23.78% |
| 2011-09-30 | 23.50% |
| 2011-06-30 | 22.51% |
| 2011-03-31 | 21.65% |
| 2010-12-31 | 20.59% |
| 2010-09-30 | 22.02% |
| 2010-06-30 | 21.20% |
| 2010-03-31 | 21.50% |
| 2009-12-31 | 20.92% |
| 2009-09-30 | 20.52% |
| 2009-06-30 | 19.13% |
| 2009-03-31 | 20.73% |
| 2008-12-31 | 19.63% |
| 2008-09-30 | 21.60% |
| 2008-06-30 | 21.92% |
| 2008-03-31 | 21.32% |
| 2007-12-31 | 22.19% |
| 2007-09-30 | 23.12% |
| 2007-06-30 | 22.79% |
| 2007-03-31 | 22.85% |
| 2006-12-31 | 21.58% |
| 2006-09-30 | 23.26% |
| 2006-06-30 | 24.59% |
| 2006-03-31 | 22.76% |
| 2005-12-31 | 24.58% |
| 2005-09-30 | 23.86% |
| 2005-06-30 | 24.59% |
| 2005-03-31 | 22.88% |
| 2004-12-31 | 23.95% |
| 2004-09-30 | 24.07% |
| 2004-06-30 | 23.14% |
| 2004-03-31 | 22.70% |
| 2003-12-31 | 19.32% |
| 2003-09-30 | 23.50% |
| 2003-06-30 | 23.74% |
| 2003-03-31 | 21.67% |
| 2002-12-31 | 23.34% |
| 2002-09-30 | 23.82% |
