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 9.85% is 47% below its 5-year average of 18.48%, around the middle of its 5-year range (-15.71%–25.48%).
As of the fiscal period ended Tuesday, June 30, 2026. 45.50% below its 12-month average of 18.07%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
9.85%
TAX RATE AVG TTM
18.07%
TAX RATE AVG 3Y
18.01%
TAX RATE AVG 5Y
18.48%
TAX RATE AVG 10Y
20.71%
TAX RATE AVG 15Y
25.74%
TAX RATE AVG 20Y
27.98%
CURRENT VS TTM AVG
-45.50%
CURRENT VS 3Y AVG
-45.32%
CURRENT VS 5Y AVG
-46.72%
CURRENT VS 10Y AVG
-52.47%
CURRENT VS 15Y AVG
-61.74%
CURRENT VS 20Y AVG
-64.81%
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 | 9.85% |
| 2026-03-31 | 23.55% |
| 2025-12-31 | 16.41% |
| 2025-09-30 | 19.93% |
| 2025-06-30 | 20.60% |
| 2025-03-31 | 9.82% |
| 2024-12-31 | 12.65% |
| 2024-09-30 | 18.42% |
| 2024-06-30 | 22.06% |
| 2024-03-31 | 16.65% |
| 2023-12-31 | 25.48% |
| 2023-09-30 | 24.28% |
| 2023-06-30 | 14.39% |
| 2023-03-31 | 14.72% |
| 2022-12-31 | 15.01% |
| 2022-09-30 | 23.26% |
| 2022-06-30 | 20.76% |
| 2022-03-31 | 20.94% |
| 2021-12-31 | -15.71% |
| 2021-09-30 | 22.51% |
| 2021-06-30 | 18.35% |
| 2021-03-31 | 11.39% |
| 2020-12-31 | 26.62% |
| 2020-09-30 | 21.78% |
| 2020-06-30 | 19.96% |
| 2020-03-31 | 21.47% |
| 2019-12-31 | 25.19% |
| 2019-09-30 | 4.94% |
| 2019-06-30 | 22.75% |
| 2019-03-31 | 23.53% |
| 2018-12-31 | 24.05% |
| 2018-09-30 | 28.18% |
| 2018-06-30 | 19.83% |
| 2018-03-31 | 18.70% |
| 2017-12-31 | 9.63% |
| 2017-09-30 | 35.31% |
| 2017-06-30 | 30.21% |
| 2017-03-31 | 29.67% |
| 2016-12-31 | 36.33% |
| 2016-09-30 | 31.10% |
| 2016-06-30 | 33.89% |
| 2016-03-31 | 32.12% |
| 2015-12-31 | 34.53% |
| 2015-09-30 | 34.12% |
| 2015-06-30 | 38.18% |
| 2015-03-31 | 37.53% |
| 2014-12-31 | 38.14% |
| 2014-09-30 | 36.31% |
| 2014-06-30 | 34.68% |
| 2014-03-31 | 31.26% |
| 2013-12-31 | 35.16% |
| 2013-09-30 | 38.12% |
| 2013-06-30 | 36.07% |
| 2013-03-31 | 14.55% |
| 2012-12-31 | 37.35% |
| 2012-09-30 | 42.70% |
| 2012-06-30 | 34.22% |
| 2012-03-31 | 39.95% |
| 2011-12-31 | 35.00% |
| 2011-09-30 | 35.00% |
| 2011-06-30 | 34.95% |
| 2011-03-31 | 35.01% |
| 2010-12-31 | 30.47% |
| 2010-09-30 | 29.20% |
| 2010-06-30 | 35.02% |
| 2010-03-31 | 36.91% |
| 2009-12-31 | 36.57% |
| 2009-09-30 | 37.10% |
| 2009-06-30 | 36.90% |
| 2009-03-31 | 36.74% |
| 2008-12-31 | 35.39% |
| 2008-09-30 | 35.00% |
| 2008-06-30 | 35.16% |
| 2008-03-31 | 35.00% |
| 2007-12-31 | 34.30% |
| 2007-09-30 | 31.00% |
| 2007-06-30 | 33.98% |
| 2007-03-31 | 37.80% |
| 2006-12-31 | 36.07% |
| 2006-09-30 | 30.35% |
| 2006-06-30 | 36.12% |
| 2006-03-31 | 37.01% |
| 2005-12-31 | 40.91% |
| 2005-09-30 | 37.25% |
| 2005-06-30 | 32.40% |
| 2005-03-31 | 39.52% |
| 2004-12-31 | 36.11% |
| 2004-09-30 | 43.53% |
| 2004-06-30 | 39.81% |
| 2004-03-31 | 38.50% |
| 2003-12-31 | 25.20% |
| 2003-09-30 | 37.05% |
| 2003-06-30 | 38.31% |
| 2003-03-31 | 38.00% |
| 2002-12-31 | 38.66% |
| 2002-09-30 | 36.30% |
