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 17.36% is in line with its 5-year average of 18.45%, around the middle of its 5-year range (12.85%–20.59%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.69% below its 12-month average of 17.66%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
17.36%
TAX RATE AVG TTM
17.66%
TAX RATE AVG 3Y
18.10%
TAX RATE AVG 5Y
18.45%
TAX RATE AVG 10Y
19.06%
TAX RATE AVG 15Y
22.83%
TAX RATE AVG 20Y
24.91%
CURRENT VS TTM AVG
-1.69%
CURRENT VS 3Y AVG
-4.08%
CURRENT VS 5Y AVG
-5.91%
CURRENT VS 10Y AVG
-8.91%
CURRENT VS 15Y AVG
-23.94%
CURRENT VS 20Y AVG
-30.31%
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 | 17.36% |
| 2026-03-31 | 18.99% |
| 2025-12-31 | 15.90% |
| 2025-09-30 | 17.09% |
| 2025-06-30 | 18.95% |
| 2025-03-31 | 18.99% |
| 2024-12-31 | 12.85% |
| 2024-09-30 | 18.77% |
| 2024-06-30 | 19.02% |
| 2024-03-31 | 18.46% |
| 2023-12-31 | 17.77% |
| 2023-09-30 | 17.68% |
| 2023-06-30 | 18.20% |
| 2023-03-31 | 19.46% |
| 2022-12-31 | 18.87% |
| 2022-09-30 | 19.01% |
| 2022-06-30 | 18.50% |
| 2022-03-31 | 18.97% |
| 2021-12-31 | 16.98% |
| 2021-09-30 | 19.46% |
| 2021-06-30 | 20.59% |
| 2021-03-31 | 19.53% |
| 2020-12-31 | 20.12% |
| 2020-09-30 | 17.53% |
| 2020-06-30 | 19.49% |
| 2020-03-31 | 20.07% |
| 2019-12-31 | 17.61% |
| 2019-09-30 | 19.50% |
| 2019-06-30 | 20.36% |
| 2019-03-31 | 20.50% |
| 2018-12-31 | 18.26% |
| 2018-09-30 | 21.93% |
| 2018-06-30 | 21.90% |
| 2018-03-31 | 23.10% |
| 2017-12-31 | -20.76% |
| 2017-09-30 | 24.90% |
| 2017-06-30 | 26.00% |
| 2017-03-31 | 27.42% |
| 2016-12-31 | 24.88% |
| 2016-09-30 | 25.00% |
| 2016-06-30 | 27.48% |
| 2016-03-31 | 26.70% |
| 2015-12-31 | 25.16% |
| 2015-09-30 | 26.09% |
| 2015-06-30 | 27.72% |
| 2015-03-31 | 27.79% |
| 2014-12-31 | 26.76% |
| 2014-09-30 | 25.35% |
| 2014-06-30 | 28.00% |
| 2014-03-31 | 29.32% |
| 2013-12-31 | 27.24% |
| 2013-09-30 | 29.02% |
| 2013-06-30 | 29.41% |
| 2013-03-31 | 29.05% |
| 2012-12-31 | 29.80% |
| 2012-09-30 | 30.35% |
| 2012-06-30 | 30.80% |
| 2012-03-31 | 31.88% |
| 2011-12-31 | 30.67% |
| 2011-09-30 | 29.53% |
| 2011-06-30 | 31.40% |
| 2011-03-31 | 32.20% |
| 2010-12-31 | 29.37% |
| 2010-09-30 | 28.91% |
| 2010-06-30 | 30.70% |
| 2010-03-31 | 31.97% |
| 2009-12-31 | 27.51% |
| 2009-09-30 | 27.57% |
| 2009-06-30 | 30.95% |
| 2009-03-31 | 33.36% |
| 2008-12-31 | 32.54% |
| 2008-09-30 | 31.14% |
| 2008-06-30 | 32.71% |
| 2008-03-31 | 33.91% |
| 2007-12-31 | 31.66% |
| 2007-09-30 | 31.36% |
| 2007-06-30 | 31.00% |
| 2007-03-31 | 35.12% |
| 2006-12-31 | 28.40% |
| 2006-09-30 | 31.03% |
| 2006-06-30 | 31.87% |
| 2006-03-31 | 32.88% |
| 2005-12-31 | 30.03% |
| 2005-09-30 | 28.65% |
| 2005-06-30 | 33.44% |
| 2005-03-31 | 32.80% |
| 2004-12-31 | 31.41% |
| 2004-09-30 | 31.32% |
| 2004-06-30 | 32.59% |
| 2004-03-31 | 32.91% |
| 2003-12-31 | 31.48% |
| 2003-10-30 | 33.94% |
| 2003-06-30 | 32.23% |
| 2003-03-31 | 32.38% |
| 2002-12-31 | 30.88% |
| 2002-09-30 | 31.68% |
