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 14.67% is 39% above its 5-year average of 10.55%, near the high end of its 5-year range (-37.75%–19.70%).
As of the fiscal period ended Tuesday, June 30, 2026. 57.72% above its 12-month average of 9.30%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
14.67%
TAX RATE AVG TTM
9.30%
TAX RATE AVG 3Y
13.55%
TAX RATE AVG 5Y
13.57%
TAX RATE AVG 10Y
15.30%
TAX RATE AVG 15Y
24.56%
TAX RATE AVG 20Y
26.64%
CURRENT VS TTM AVG
+57.72%
CURRENT VS 3Y AVG
+8.26%
CURRENT VS 5Y AVG
+8.17%
CURRENT VS 10Y AVG
-4.07%
CURRENT VS 15Y AVG
-40.24%
CURRENT VS 20Y AVG
-44.91%
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 | 14.67% |
| 2026-03-31 | 14.59% |
| 2025-12-31 | -3.69% |
| 2025-09-30 | 7.50% |
| 2025-06-30 | 13.44% |
| 2025-03-31 | 14.71% |
| 2024-12-31 | -37.75% |
| 2024-09-30 | 11.09% |
| 2024-06-30 | 13.04% |
| 2024-03-31 | 14.38% |
| 2023-12-31 | 19.70% |
| 2023-09-30 | 12.26% |
| 2023-06-30 | 13.72% |
| 2023-03-31 | 12.25% |
| 2022-12-31 | 14.58% |
| 2022-09-30 | 14.69% |
| 2022-06-30 | 14.69% |
| 2022-03-31 | 11.85% |
| 2021-12-31 | 18.71% |
| 2021-09-30 | 14.11% |
| 2021-06-30 | 12.97% |
| 2021-03-31 | 10.31% |
| 2020-12-31 | 15.33% |
| 2020-09-30 | 14.58% |
| 2020-06-30 | 17.01% |
| 2020-03-31 | 12.43% |
| 2019-12-31 | 20.17% |
| 2019-09-30 | 20.09% |
| 2019-06-30 | 17.81% |
| 2019-03-31 | 12.27% |
| 2018-12-31 | 18.82% |
| 2018-09-30 | 22.63% |
| 2018-06-30 | 23.57% |
| 2018-03-31 | 21.54% |
| 2017-12-31 | 141.84% |
| 2017-09-30 | 41.41% |
| 2017-06-30 | 37.01% |
| 2017-03-31 | 35.40% |
| 2016-12-31 | 44.07% |
| 2016-09-30 | 38.58% |
| 2016-06-30 | 38.33% |
| 2016-03-31 | 22.46% |
| 2015-12-31 | 49.18% |
| 2015-09-30 | 37.61% |
| 2015-06-30 | 37.34% |
| 2015-03-31 | 37.50% |
| 2014-12-31 | 29.85% |
| 2014-09-30 | 39.59% |
| 2014-06-30 | 39.60% |
| 2014-03-31 | 39.26% |
| 2013-12-31 | 31.94% |
| 2013-09-30 | 37.85% |
| 2013-06-30 | 38.37% |
| 2013-03-31 | 38.46% |
| 2012-09-30 | 36.53% |
| 2012-06-30 | 37.21% |
| 2012-03-31 | 37.10% |
| 2011-12-31 | 39.53% |
| 2011-11-23 | 36.22% |
| 2011-06-30 | 37.95% |
| 2011-03-31 | 37.82% |
| 2010-12-31 | 35.71% |
| 2010-06-30 | 34.87% |
| 2010-03-31 | 41.44% |
| 2009-12-31 | 34.92% |
| 2009-09-30 | 37.09% |
| 2009-06-30 | 33.07% |
| 2009-03-31 | 32.56% |
| 2008-12-31 | 7.69% |
| 2008-09-30 | 34.45% |
| 2008-06-30 | 35.42% |
| 2008-03-31 | 36.86% |
| 2007-12-31 | 32.08% |
| 2007-09-30 | 34.76% |
| 2007-06-30 | 35.29% |
| 2007-03-31 | 36.60% |
| 2006-12-31 | 15.28% |
| 2006-09-30 | 35.46% |
| 2006-06-30 | 35.60% |
| 2006-03-31 | 38.60% |
| 2005-12-31 | 38.24% |
| 2005-09-30 | 36.22% |
| 2005-06-30 | 35.09% |
| 2005-03-31 | 36.98% |
| 2004-12-31 | 32.52% |
| 2004-09-30 | 34.65% |
| 2004-06-30 | 33.71% |
| 2004-03-31 | 37.82% |
| 2003-12-31 | 42.42% |
| 2003-09-30 | 35.90% |
| 2003-06-30 | 37.85% |
| 2003-03-31 | 38.52% |
| 2002-09-30 | 37.66% |