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 18.30% is 21% below its 5-year average of 23.21%, near the low end of its 5-year range (-12.20%–174.04%).
As of the fiscal period ended Tuesday, June 30, 2026. 52.85% above its 12-month average of 11.97%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
18.30%
TAX RATE AVG TTM
11.97%
TAX RATE AVG 3Y
14.90%
TAX RATE AVG 5Y
17.14%
TAX RATE AVG 10Y
19.60%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+52.85%
CURRENT VS 3Y AVG
+22.83%
CURRENT VS 5Y AVG
+6.77%
CURRENT VS 10Y AVG
-6.64%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 18.30% |
| 2026-03-31 | 5.28% |
| 2025-12-31 | 5.62% |
| 2025-09-30 | 16.19% |
| 2025-06-30 | 14.47% |
| 2025-03-31 | 19.18% |
| 2024-12-31 | 174.04% |
| 2024-09-30 | 13.09% |
| 2024-06-30 | 14.29% |
| 2024-03-31 | 17.12% |
| 2023-12-31 | 25.75% |
| 2023-09-30 | 17.44% |
| 2023-06-30 | 12.04% |
| 2023-03-31 | 20.31% |
| 2022-12-31 | 22.66% |
| 2022-09-30 | 21.18% |
| 2022-06-30 | 20.57% |
| 2022-03-31 | 24.06% |
| 2021-12-31 | -12.20% |
| 2021-09-30 | 21.26% |
| 2021-06-30 | 16.80% |
| 2021-03-31 | 21.67% |
| 2020-12-31 | 2.78% |
| 2020-09-30 | 22.58% |
| 2020-06-30 | 26.16% |
| 2020-03-31 | 24.76% |
| 2019-12-31 | 25.96% |
| 2019-09-30 | 21.96% |
| 2019-06-30 | 22.06% |
| 2019-03-31 | 22.19% |
| 2018-12-31 | 3.82% |
| 2018-09-30 | 51.52% |
| 2018-06-30 | 23.13% |
| 2018-03-31 | 26.49% |
| 2017-12-31 | -9.77% |
| 2017-09-30 | 39.05% |
| 2017-06-30 | 39.84% |
| 2017-03-31 | 38.54% |
