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 21.71% is in line with its 5-year average of 22.31%, around the middle of its 5-year range (19.33%–23.83%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.60% below its 12-month average of 22.99%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 21.71%.
TAX RATE
21.71%
TAX RATE AVG TTM
22.99%
TAX RATE AVG 3Y
22.49%
TAX RATE AVG 5Y
22.31%
TAX RATE AVG 10Y
23.03%
TAX RATE AVG 15Y
27.28%
TAX RATE AVG 20Y
27.42%
CURRENT VS TTM AVG
-5.60%
CURRENT VS 3Y AVG
-3.47%
CURRENT VS 5Y AVG
-2.72%
CURRENT VS 10Y AVG
-5.76%
CURRENT VS 15Y AVG
-20.45%
CURRENT VS 20Y AVG
-20.84%
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 | 21.71% |
| 2026-03-31 | 22.80% |
| 2025-12-31 | 22.99% |
| 2025-09-30 | 23.83% |
| 2025-06-30 | 23.64% |
| 2025-03-31 | 23.18% |
| 2024-12-31 | 22.48% |
| 2024-09-30 | 23.27% |
| 2024-06-30 | 22.92% |
| 2024-03-31 | 23.60% |
| 2023-12-31 | 19.93% |
| 2023-09-30 | 20.98% |
| 2023-06-30 | 21.00% |
| 2023-03-31 | 19.33% |
| 2022-12-31 | 21.91% |
| 2022-09-30 | 21.37% |
| 2022-06-30 | 22.40% |
| 2022-03-31 | 21.56% |
| 2021-12-31 | 22.79% |
| 2021-09-30 | 23.81% |
| 2021-06-30 | 23.08% |
| 2021-03-31 | 22.79% |
| 2020-12-31 | 22.81% |
| 2020-09-30 | 21.12% |
| 2020-06-30 | 22.92% |
| 2020-03-31 | 27.55% |
| 2019-12-31 | 25.90% |
| 2019-09-30 | 23.87% |
| 2019-06-30 | 23.91% |
| 2019-03-31 | 24.48% |
| 2018-12-31 | 25.20% |
| 2018-09-30 | 25.71% |
| 2018-06-30 | 25.17% |
| 2018-03-31 | 23.09% |
| 2017-12-31 | 2.29% |
| 2017-09-30 | 36.09% |
| 2017-06-30 | 37.14% |
| 2017-03-31 | 34.71% |
| 2016-12-31 | 35.95% |
| 2016-09-30 | 35.84% |
| 2016-06-30 | 36.64% |
| 2016-03-31 | 37.48% |
| 2015-12-31 | 35.84% |
| 2015-09-30 | 33.64% |
| 2015-06-30 | 35.06% |
| 2015-03-31 | 31.24% |
| 2014-12-31 | 33.23% |
| 2014-09-30 | 32.69% |
| 2014-06-30 | 31.63% |
| 2014-03-31 | 25.68% |
| 2013-12-31 | 32.78% |
| 2013-09-30 | 27.85% |
| 2013-06-30 | 31.81% |
| 2013-03-31 | 29.88% |
| 2012-12-31 | 31.52% |
| 2012-09-30 | 29.01% |
| 2012-06-30 | 31.02% |
| 2012-03-31 | 30.62% |
| 2011-12-31 | 30.19% |
| 2011-09-30 | 30.32% |
| 2011-06-30 | 36.11% |
| 2011-03-31 | 29.10% |
| 2010-12-31 | 27.15% |
| 2010-09-30 | 32.83% |
| 2010-06-30 | 24.31% |
| 2010-03-31 | 30.34% |
| 2009-12-31 | 26.07% |
| 2009-09-30 | 21.58% |
| 2009-06-30 | 23.50% |
| 2009-03-31 | 19.64% |
| 2008-12-31 | 6.57% |
| 2008-09-30 | 26.54% |
| 2008-06-30 | 26.55% |
| 2008-03-31 | 27.23% |
| 2007-12-31 | 30.76% |
| 2007-09-30 | 31.46% |
| 2007-06-30 | 31.40% |
| 2007-03-31 | 31.44% |
| 2006-12-31 | 30.28% |
| 2006-09-30 | 28.46% |
| 2006-06-30 | 30.56% |
| 2006-03-31 | 29.69% |
| 2005-12-31 | 29.22% |
| 2005-09-30 | 30.15% |
| 2005-06-30 | 31.23% |
| 2005-03-31 | 32.42% |
| 2004-12-31 | 30.76% |
| 2004-09-30 | 31.71% |
| 2004-06-30 | 32.47% |
| 2004-03-31 | 32.08% |
| 2003-12-31 | 27.78% |
| 2003-09-30 | 35.10% |
| 2003-06-30 | 35.54% |
| 2003-03-31 | 35.11% |
| 2002-12-31 | 36.20% |
| 2002-09-30 | 37.88% |
