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 21.11% is in line with its 5-year average of 21.23%, around the middle of its 5-year range (19.65%–22.56%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.90% below its 12-month average of 21.31%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 21.11%.
TAX RATE
21.11%
TAX RATE AVG TTM
21.31%
TAX RATE AVG 3Y
21.51%
TAX RATE AVG 5Y
21.23%
TAX RATE AVG 10Y
20.88%
TAX RATE AVG 15Y
24.49%
TAX RATE AVG 20Y
25.68%
CURRENT VS TTM AVG
-0.90%
CURRENT VS 3Y AVG
-1.85%
CURRENT VS 5Y AVG
-0.55%
CURRENT VS 10Y AVG
+1.13%
CURRENT VS 15Y AVG
-13.78%
CURRENT VS 20Y AVG
-17.77%
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 | 21.11% |
| 2025-12-31 | 20.87% |
| 2025-09-30 | 21.82% |
| 2025-06-30 | 21.42% |
| 2025-03-31 | 22.44% |
| 2024-12-31 | 19.65% |
| 2024-09-30 | 21.32% |
| 2024-06-30 | 21.66% |
| 2024-03-31 | 21.59% |
| 2023-12-31 | 22.31% |
| 2023-09-30 | 21.28% |
| 2023-06-30 | 20.80% |
| 2022-12-31 | 22.56% |
| 2022-09-30 | 20.35% |
| 2022-06-30 | 20.09% |
| 2022-03-31 | 22.50% |
| 2021-12-31 | 20.59% |
| 2021-09-30 | 20.34% |
| 2021-06-30 | 20.69% |
| 2021-03-31 | 20.08% |
| 2020-12-31 | 21.92% |
| 2020-09-30 | 20.98% |
| 2020-06-30 | 20.05% |
| 2019-12-31 | 20.77% |
| 2019-09-30 | 19.66% |
| 2019-06-30 | 20.64% |
| 2019-03-31 | 17.04% |
| 2018-12-31 | 20.96% |
| 2018-09-30 | 21.22% |
| 2018-06-30 | 19.10% |
| 2018-03-31 | 18.50% |
| 2017-12-31 | 19.98% |
| 2017-09-30 | 30.20% |
| 2017-06-30 | 30.11% |
| 2017-03-31 | 27.81% |
| 2016-12-31 | 35.20% |
| 2016-09-30 | 30.34% |
| 2016-06-30 | 29.42% |
| 2016-03-31 | 29.10% |
| 2015-12-31 | 38.42% |
| 2015-09-30 | 35.91% |
| 2014-12-31 | 29.05% |
| 2014-09-30 | 29.76% |
| 2014-06-30 | 28.48% |
| 2014-03-31 | 27.70% |
| 2013-12-31 | 31.75% |
| 2013-09-30 | 30.89% |
| 2013-06-30 | 29.28% |
| 2013-03-31 | 28.40% |
| 2012-12-31 | 24.23% |
| 2012-09-30 | 31.78% |
| 2012-06-30 | 29.29% |
| 2012-03-31 | 27.70% |
| 2011-12-31 | -54.45% |
| 2011-09-30 | 20.01% |
| 2011-06-30 | 27.84% |
| 2010-12-31 | 28.11% |
| 2010-09-30 | 28.81% |
| 2010-06-30 | 29.30% |
| 2010-03-31 | 28.20% |
| 2009-12-31 | 29.27% |
| 2009-09-30 | 28.96% |
| 2009-06-30 | 26.19% |
| 2009-03-31 | 23.91% |
| 2008-12-31 | 28.97% |
| 2008-09-30 | 28.41% |
| 2008-06-30 | 28.38% |
| 2008-03-31 | 28.00% |
| 2007-12-31 | 29.87% |
| 2007-09-30 | 29.62% |
| 2007-06-30 | 29.98% |
| 2007-03-31 | 30.40% |
| 2006-12-31 | 32.51% |
| 2006-09-30 | 31.61% |
| 2006-06-30 | 32.62% |
| 2006-03-31 | 31.20% |
| 2005-12-31 | 32.24% |
| 2005-09-30 | 29.23% |
| 2005-06-30 | 31.89% |
| 2005-03-31 | 31.81% |
| 2004-12-31 | 33.02% |
| 2004-09-30 | 29.38% |
| 2004-06-30 | 31.15% |
| 2004-03-31 | 33.37% |
| 2003-12-31 | 30.15% |
| 2003-09-30 | 24.11% |
| 2003-06-30 | 29.56% |
| 2003-03-31 | 24.50% |
| 2002-09-30 | 21.70% |
