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 21.14% is 12% above its 5-year average of 18.89%, near the high end of its 5-year range (16.75%–21.14%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.38% above its 12-month average of 20.06%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 21.14%.
TAX RATE
21.14%
TAX RATE AVG TTM
20.06%
TAX RATE AVG 3Y
18.78%
TAX RATE AVG 5Y
18.89%
TAX RATE AVG 10Y
18.51%
TAX RATE AVG 15Y
21.04%
TAX RATE AVG 20Y
19.87%
CURRENT VS TTM AVG
+5.38%
CURRENT VS 3Y AVG
+12.56%
CURRENT VS 5Y AVG
+11.89%
CURRENT VS 10Y AVG
+14.19%
CURRENT VS 15Y AVG
+0.50%
CURRENT VS 20Y AVG
+6.39%
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 | 21.14% |
| 2026-03-31 | 20.45% |
| 2025-12-31 | 20.51% |
| 2025-09-30 | 19.10% |
| 2025-06-30 | 19.10% |
| 2024-12-31 | 19.87% |
| 2024-09-30 | 16.75% |
| 2024-06-30 | 17.42% |
| 2024-03-31 | 17.74% |
| 2023-12-31 | 19.66% |
| 2023-09-30 | 16.83% |
| 2023-06-30 | 16.80% |
| 2023-03-31 | 19.02% |
| 2022-12-31 | 18.51% |
| 2022-09-30 | 18.85% |
| 2022-06-30 | 19.35% |
| 2022-03-31 | 18.26% |
| 2021-12-31 | 18.32% |
| 2021-09-30 | 19.34% |
| 2021-06-30 | 20.85% |
| 2021-03-31 | 19.93% |
| 2020-12-31 | 18.13% |
| 2020-09-30 | 15.66% |
| 2020-06-30 | 0.93% |
| 2020-03-31 | 13.40% |
| 2019-12-31 | 16.23% |
| 2019-09-30 | 18.24% |
| 2019-06-30 | 18.40% |
| 2019-03-31 | 18.01% |
| 2018-12-31 | 19.37% |
| 2018-09-30 | 16.71% |
| 2018-06-30 | 18.11% |
| 2018-03-31 | 17.28% |
| 2017-12-31 | 59.14% |
| 2017-09-30 | 28.54% |
| 2017-06-30 | 26.82% |
| 2017-03-31 | 29.09% |
| 2016-12-31 | 25.90% |
| 2016-09-30 | 24.94% |
| 2016-06-30 | 26.78% |
| 2016-03-31 | 27.54% |
| 2015-12-31 | 26.20% |
| 2015-09-30 | 25.88% |
| 2015-06-30 | 26.90% |
| 2015-03-31 | 24.59% |
| 2014-12-31 | 23.89% |
| 2014-09-30 | 25.93% |
| 2014-06-30 | 25.67% |
| 2014-03-31 | 25.63% |
| 2013-12-31 | 24.37% |
| 2013-09-30 | 23.92% |
| 2013-06-30 | 26.63% |
| 2013-03-31 | 22.88% |
| 2012-12-31 | 21.09% |
| 2012-09-30 | 21.16% |
| 2012-06-30 | 22.33% |
| 2012-03-31 | 21.56% |
| 2011-12-31 | 15.42% |
| 2011-09-30 | 15.65% |
| 2011-06-30 | 23.43% |
| 2011-03-31 | 17.74% |
| 2010-12-31 | 15.40% |
| 2010-09-30 | 3.68% |
| 2010-06-30 | 13.20% |
| 2010-03-31 | 9.91% |
| 2009-12-31 | -23.36% |
| 2009-09-30 | -7.15% |
| 2009-06-30 | 0.03% |
| 2009-03-31 | 12.13% |
| 2008-12-31 | -27.54% |
| 2008-09-30 | 8.91% |
| 2008-06-30 | 17.38% |
| 2008-03-31 | 19.15% |
| 2007-12-31 | 9.25% |
| 2007-09-30 | 16.31% |
| 2007-06-30 | 11.48% |
| 2007-03-31 | 22.34% |
| 2006-12-31 | 19.20% |
| 2006-09-30 | 18.55% |
| 2006-06-30 | 19.58% |
| 2006-03-31 | 19.60% |
| 2005-12-31 | 21.27% |
| 2005-09-30 | 21.82% |
| 2005-06-30 | 21.80% |
| 2005-03-31 | 21.19% |
| 2004-12-31 | 20.01% |
| 2004-09-30 | 17.81% |
| 2004-06-30 | 18.67% |
| 2004-03-31 | 19.70% |
| 2003-12-31 | 22.90% |
| 2003-09-30 | 19.62% |
| 2003-06-30 | 13.83% |
| 2003-03-31 | 19.59% |
| 2002-12-31 | 22.06% |
| 2002-09-30 | 16.59% |
