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 13.93% is in line with its 5-year average of 15.03%, around the middle of its 5-year range (1.17%–33.84%).
As of the fiscal period ended Tuesday, June 30, 2026. 16.41% below its 12-month average of 16.67%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
13.93%
TAX RATE AVG TTM
16.67%
TAX RATE AVG 3Y
16.54%
TAX RATE AVG 5Y
14.09%
TAX RATE AVG 10Y
15.53%
TAX RATE AVG 15Y
18.45%
TAX RATE AVG 20Y
15.52%
CURRENT VS TTM AVG
-16.41%
CURRENT VS 3Y AVG
-15.77%
CURRENT VS 5Y AVG
-1.14%
CURRENT VS 10Y AVG
-10.30%
CURRENT VS 15Y AVG
-24.50%
CURRENT VS 20Y AVG
-10.24%
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 | 13.93% |
| 2026-03-31 | 12.82% |
| 2025-12-31 | 4.80% |
| 2025-09-30 | 17.95% |
| 2025-06-30 | 33.84% |
| 2025-03-31 | 15.26% |
| 2024-12-31 | 21.97% |
| 2024-09-30 | 13.52% |
| 2024-06-30 | 17.55% |
| 2024-03-31 | 16.94% |
| 2023-12-31 | 21.46% |
| 2023-09-30 | 17.81% |
| 2023-06-30 | 12.74% |
| 2023-03-31 | 19.37% |
| 2022-12-31 | 21.82% |
| 2022-09-30 | 1.17% |
| 2022-06-30 | 7.92% |
| 2022-03-31 | 14.79% |
| 2021-12-31 | 10.16% |
| 2021-09-30 | 8.65% |
| 2021-06-30 | 11.22% |
| 2021-03-31 | 8.86% |
| 2020-12-31 | 9.08% |
| 2020-09-30 | 14.50% |
| 2020-06-30 | 18.69% |
| 2020-03-31 | 6.99% |
| 2019-12-31 | 0.76% |
| 2019-09-30 | 14.37% |
| 2018-12-31 | 49.93% |
| 2018-09-30 | 20.00% |
| 2018-06-30 | 24.26% |
| 2018-03-31 | 19.57% |
| 2017-12-31 | -14.34% |
| 2017-09-30 | 25.21% |
| 2017-06-30 | 21.86% |
| 2016-12-31 | 15.48% |
| 2016-09-30 | 28.26% |
| 2016-06-30 | 38.51% |
| 2016-03-31 | 127.59% |
| 2015-09-30 | 37.71% |
| 2015-06-30 | 63.74% |
| 2015-03-31 | 20.36% |
| 2014-12-31 | 10.87% |
| 2014-09-30 | 25.07% |
| 2014-06-30 | 29.18% |
| 2014-03-31 | 24.22% |
| 2013-12-31 | 31.72% |
| 2013-09-30 | 31.88% |
| 2013-06-30 | -50.96% |
| 2013-03-31 | 22.64% |
| 2012-12-31 | 26.39% |
| 2012-09-30 | 29.70% |
| 2012-03-31 | 22.50% |
| 2011-12-31 | -10.13% |
| 2011-09-30 | 8.38% |
| 2011-06-30 | 19.92% |
| 2011-03-31 | 11.60% |
| 2010-12-31 | 16.54% |
| 2010-09-30 | 11.64% |
| 2010-06-30 | -2.08% |
| 2010-03-31 | -0.38% |
| 2009-12-31 | -4.54% |
| 2009-09-30 | -61.53% |
| 2009-06-30 | 16.37% |
| 2008-09-30 | 35.40% |
| 2008-06-30 | 6.15% |
| 2008-03-31 | 7.60% |
| 2007-12-31 | 3.11% |
| 2007-09-30 | 1.90% |
| 2007-06-30 | 11.96% |
| 2007-03-31 | 10.52% |
| 2006-12-31 | 4.40% |
| 2006-09-30 | 5.15% |
| 2006-06-30 | 7.56% |
| 2006-03-31 | 9.41% |
| 2005-12-31 | -10.71% |
| 2004-06-30 | 35.65% |
| 2004-03-31 | 11.62% |
| 2003-12-31 | 20.50% |
| 2003-09-30 | -77.95% |