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 18.72% is in line with its 5-year average of 19.94%, near the low end of its 5-year range (-9.38%–180.88%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.69% below its 12-month average of 19.04%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 18.72%.
TAX RATE
18.72%
TAX RATE AVG TTM
19.04%
TAX RATE AVG 3Y
22.13%
TAX RATE AVG 5Y
19.94%
TAX RATE AVG 10Y
21.51%
TAX RATE AVG 15Y
22.77%
TAX RATE AVG 20Y
25.36%
CURRENT VS TTM AVG
-1.69%
CURRENT VS 3Y AVG
-15.42%
CURRENT VS 5Y AVG
-6.12%
CURRENT VS 10Y AVG
-12.99%
CURRENT VS 15Y AVG
-17.79%
CURRENT VS 20Y AVG
-26.20%
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 | 18.72% |
| 2026-03-31 | 15.95% |
| 2025-12-31 | 26.24% |
| 2025-09-30 | 12.95% |
| 2025-06-30 | 21.34% |
| 2025-03-31 | 21.23% |
| 2024-12-31 | -9.38% |
| 2024-09-30 | 10.32% |
| 2024-06-30 | 34.98% |
| 2024-03-31 | 34.82% |
| 2023-12-31 | 23.92% |
| 2023-06-30 | 22.97% |
| 2023-03-31 | 180.88% |
| 2022-12-31 | 7.97% |
| 2022-09-30 | 21.41% |
| 2022-06-30 | 22.09% |
| 2022-03-31 | 22.17% |
| 2021-12-31 | 119.19% |
| 2021-10-02 | 20.51% |
| 2021-07-03 | 19.32% |
| 2021-04-03 | 23.25% |
| 2020-12-31 | 25.15% |
| 2020-09-26 | 20.50% |
| 2020-06-27 | 22.49% |
| 2020-03-28 | 22.94% |
| 2019-12-31 | 26.71% |
| 2019-09-28 | 16.31% |
| 2019-06-29 | 19.57% |
| 2019-03-30 | 19.63% |
| 2018-12-31 | 24.97% |
| 2018-09-29 | 6.39% |
| 2018-06-30 | 21.38% |
| 2018-03-31 | 20.93% |
| 2017-12-31 | 19.45% |
| 2017-09-30 | 21.67% |
| 2017-07-01 | 21.65% |
| 2017-04-01 | 22.48% |
| 2016-12-31 | 16.93% |
| 2016-10-01 | 20.13% |
| 2016-07-02 | 24.94% |
| 2016-04-02 | 22.92% |
| 2015-10-03 | 25.23% |
| 2015-07-04 | 26.00% |
| 2015-04-04 | 25.98% |
| 2014-09-27 | 27.06% |
| 2014-06-28 | 26.55% |
| 2014-03-29 | 26.23% |
| 2013-09-28 | 21.58% |
| 2013-06-29 | 25.03% |
| 2013-03-30 | 23.18% |
| 2012-12-31 | 15.57% |
| 2012-09-29 | 24.49% |
| 2012-06-30 | 30.49% |
| 2012-03-31 | 26.29% |
| 2011-12-31 | 30.43% |
| 2011-10-01 | 30.27% |
| 2011-07-02 | 28.62% |
| 2011-04-02 | 31.21% |
| 2010-12-31 | 22.69% |
| 2010-10-02 | 30.18% |
| 2010-07-03 | 31.92% |
| 2010-03-31 | 31.67% |
| 2009-12-31 | 27.66% |
| 2009-09-30 | 26.88% |
| 2009-06-30 | 28.02% |
| 2009-03-28 | 34.09% |
| 2008-12-31 | 34.05% |
| 2008-09-27 | 36.01% |
| 2008-06-30 | 35.39% |
| 2008-03-29 | 35.47% |
| 2007-12-31 | 35.13% |
| 2007-09-29 | 34.22% |
| 2007-06-30 | 33.96% |
| 2007-03-31 | 34.68% |
| 2006-12-31 | 31.96% |
| 2006-09-30 | 36.58% |
| 2006-06-30 | 35.86% |
| 2006-03-13 | 36.83% |
| 2005-11-04 | 34.29% |
| 2005-09-30 | 33.45% |
| 2005-06-29 | 36.72% |
| 2005-03-31 | 37.35% |
| 2004-12-31 | 25.25% |
| 2004-09-28 | 31.85% |
| 2004-06-29 | 35.91% |
| 2004-03-30 | 36.01% |
| 2003-12-31 | 34.79% |
| 2003-09-30 | 35.19% |
| 2003-06-30 | 37.51% |
| 2003-03-31 | 37.46% |
| 2002-12-31 | 33.27% |
| 2002-09-30 | 33.74% |
