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 21.74% is in line with its 5-year average of 20.34%, near the high end of its 5-year range (-11.07%–22.51%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.92% above its 12-month average of 20.14%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.74%
TAX RATE AVG TTM
20.14%
TAX RATE AVG 3Y
21.39%
TAX RATE AVG 5Y
20.34%
TAX RATE AVG 10Y
-2.47%
TAX RATE AVG 15Y
-0.03%
TAX RATE AVG 20Y
6.67%
CURRENT VS TTM AVG
+7.92%
CURRENT VS 3Y AVG
+1.65%
CURRENT VS 5Y AVG
+6.89%
CURRENT VS 10Y AVG
+981.03%
CURRENT VS 15Y AVG
+74216.77%
CURRENT VS 20Y AVG
+226.16%
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 | 21.74% |
| 2026-03-31 | 21.09% |
| 2025-12-31 | 14.44% |
| 2025-09-30 | 21.13% |
| 2025-06-30 | 22.32% |
| 2025-03-31 | 18.77% |
| 2024-12-31 | 22.51% |
| 2024-09-30 | 22.12% |
| 2024-06-30 | 21.94% |
| 2024-03-31 | 20.71% |
| 2023-09-30 | 22.22% |
| 2023-06-30 | 20.71% |
| 2023-03-31 | 19.68% |
| 2022-12-31 | -11.07% |
| 2022-09-30 | 18.63% |
| 2022-06-30 | 19.07% |
| 2022-03-31 | 18.34% |
| 2021-12-31 | -6.99% |
| 2021-09-30 | -3.11% |
| 2021-06-30 | 9.22% |
| 2021-03-31 | 3.60% |
| 2020-12-31 | -14.51% |
| 2020-09-30 | 10.36% |
| 2020-06-30 | 5.77% |
| 2020-03-31 | 0.17% |
| 2019-12-31 | -25.71% |
| 2019-09-30 | -19.43% |
| 2019-06-30 | -15.07% |
| 2019-03-31 | -9.29% |
| 2018-12-31 | -195.83% |
| 2018-09-30 | -53.27% |
| 2018-06-30 | -19.40% |
| 2018-03-31 | -18.04% |
| 2017-12-31 | -37.88% |
| 2017-09-30 | -53.58% |
| 2017-06-30 | -44.73% |
| 2017-03-31 | -21.24% |
| 2016-12-31 | -46.80% |
| 2016-09-30 | -37.41% |
| 2016-06-30 | -13.24% |
| 2016-03-31 | -3.95% |
| 2015-12-31 | -140.14% |
| 2015-09-30 | -33.30% |
| 2015-06-30 | -14.86% |
| 2015-03-31 | -4.85% |
| 2014-12-31 | -95.82% |
| 2014-09-30 | -6.18% |
| 2014-06-30 | -1.61% |
| 2014-03-31 | -5.67% |
| 2013-12-31 | -21.70% |
| 2013-09-30 | 12.75% |
| 2013-06-30 | 4.00% |
| 2013-03-31 | 4.26% |
| 2012-12-31 | 26.21% |
| 2012-09-30 | 19.13% |
| 2012-06-30 | 21.30% |
| 2012-03-31 | 13.54% |
| 2011-12-31 | 14.56% |
| 2011-09-30 | 34.23% |
| 2011-06-30 | 36.72% |
| 2011-03-31 | 35.32% |
| 2010-12-31 | -78.29% |
| 2010-09-30 | 34.38% |
| 2010-06-30 | 34.43% |
| 2010-03-31 | 31.93% |
| 2009-12-31 | 36.18% |
| 2009-09-30 | 34.07% |
| 2009-06-30 | 40.89% |
| 2009-03-31 | 34.94% |
| 2008-12-31 | 35.00% |
| 2008-09-30 | 15.59% |
| 2008-06-30 | 39.83% |
| 2008-03-31 | 39.41% |
| 2007-12-31 | 30.00% |
| 2007-09-30 | 21.08% |
| 2007-06-30 | 51.66% |
| 2007-03-31 | 10.50% |
| 2006-12-31 | -57.69% |
| 2006-09-30 | 17.43% |
| 2006-06-30 | 23.27% |
| 2006-03-31 | 41.03% |
| 2005-09-30 | 23.02% |
| 2005-06-30 | 23.00% |
| 2004-12-31 | 19.90% |
| 2004-09-30 | 20.15% |
| 2004-06-30 | 20.03% |
| 2004-03-31 | 19.83% |
| 2003-12-31 | 24.07% |
| 2003-09-30 | 24.07% |
| 2003-06-30 | 25.05% |
| 2003-03-31 | 25.00% |
| 2002-12-31 | 30.00% |
| 2002-09-30 | 30.03% |
