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 27.17% is 11% below its 5-year average of 30.69%, near the low end of its 5-year range (13.20%–63.78%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.89% below its 12-month average of 28.57%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
27.17%
TAX RATE AVG TTM
28.57%
TAX RATE AVG 3Y
29.81%
TAX RATE AVG 5Y
30.69%
TAX RATE AVG 10Y
24.74%
TAX RATE AVG 15Y
24.96%
TAX RATE AVG 20Y
24.39%
CURRENT VS TTM AVG
-4.89%
CURRENT VS 3Y AVG
-8.87%
CURRENT VS 5Y AVG
-11.47%
CURRENT VS 10Y AVG
+9.82%
CURRENT VS 15Y AVG
+8.83%
CURRENT VS 20Y AVG
+11.39%
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 | 27.17% |
| 2026-03-31 | 24.26% |
| 2025-12-31 | 23.12% |
| 2025-09-30 | 40.09% |
| 2025-06-30 | 28.19% |
| 2025-03-31 | 33.62% |
| 2024-12-31 | 26.26% |
| 2024-09-30 | 30.11% |
| 2024-06-30 | 32.88% |
| 2024-03-31 | 33.69% |
| 2023-12-31 | 28.27% |
| 2023-09-30 | 25.10% |
| 2023-06-30 | 34.84% |
| 2023-03-31 | 34.78% |
| 2022-12-31 | 63.78% |
| 2022-09-30 | 40.72% |
| 2022-06-30 | 35.03% |
| 2022-03-31 | 28.37% |
| 2021-12-31 | 13.20% |
| 2021-09-30 | 30.92% |
| 2021-06-30 | 25.70% |
| 2021-03-31 | 23.41% |
| 2020-12-31 | 25.89% |
| 2020-09-30 | 24.48% |
| 2019-12-31 | 22.17% |
| 2019-09-30 | 20.16% |
| 2019-06-30 | 22.66% |
| 2019-03-31 | 10.91% |
| 2018-12-31 | 18.78% |
| 2018-09-30 | 19.43% |
| 2018-06-30 | 6.56% |
| 2018-03-31 | 2.89% |
| 2017-12-31 | 92.39% |
| 2017-09-30 | 17.89% |
| 2017-06-30 | 17.73% |
| 2017-03-31 | -11.41% |
| 2016-12-31 | 19.76% |
| 2016-09-30 | 18.41% |
| 2016-06-30 | 23.16% |
| 2016-03-31 | 23.36% |
| 2015-12-31 | 18.06% |
| 2015-09-30 | 24.29% |
| 2015-06-30 | 26.23% |
| 2015-03-31 | 23.79% |
| 2014-12-31 | 20.56% |
| 2014-09-30 | 22.81% |
| 2014-06-30 | 26.81% |
| 2014-03-31 | 23.49% |
| 2013-12-31 | 19.54% |
| 2013-09-30 | 17.60% |
| 2013-06-30 | 21.95% |
| 2012-12-31 | 41.71% |
| 2012-09-30 | 108.29% |
| 2012-06-30 | 22.05% |
| 2012-03-31 | 22.84% |
| 2011-12-31 | 22.38% |
| 2011-09-30 | 26.46% |
| 2011-06-30 | 31.48% |
| 2011-03-31 | 24.97% |
| 2010-12-31 | 31.78% |
| 2010-09-30 | 23.01% |
| 2010-06-30 | 28.35% |
| 2010-03-31 | 25.88% |
| 2009-12-31 | 19.80% |
| 2009-06-30 | 33.26% |
| 2009-03-31 | 51.47% |
| 2008-09-30 | 13.40% |
| 2008-06-30 | 6.60% |
| 2008-03-31 | 5.15% |
| 2007-12-31 | 3.34% |
| 2007-09-30 | 0.45% |
| 2007-06-30 | 3.61% |
| 2007-03-31 | 6.40% |
| 2005-12-31 | 42.48% |
| 2005-06-30 | 43.66% |
| 2005-03-31 | 9.96% |
| 2004-12-31 | 11.87% |
| 2004-09-30 | 8.70% |
| 2004-06-30 | 9.46% |
| 2004-03-31 | 19.28% |
