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 25.30% is 19% above its 5-year average of 21.18%, around the middle of its 5-year range (16.70%–42.68%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.49% below its 12-month average of 27.35%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.30%
TAX RATE AVG TTM
27.35%
TAX RATE AVG 3Y
21.23%
TAX RATE AVG 5Y
21.18%
TAX RATE AVG 10Y
21.96%
TAX RATE AVG 15Y
23.47%
TAX RATE AVG 20Y
24.55%
CURRENT VS TTM AVG
-7.49%
CURRENT VS 3Y AVG
+19.18%
CURRENT VS 5Y AVG
+19.45%
CURRENT VS 10Y AVG
+15.23%
CURRENT VS 15Y AVG
+7.80%
CURRENT VS 20Y AVG
+3.06%
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 | 25.30% |
| 2026-03-31 | 42.68% |
| 2025-12-31 | 26.90% |
| 2025-09-30 | 23.51% |
| 2025-06-30 | 18.34% |
| 2025-03-31 | 22.71% |
| 2024-12-31 | 17.40% |
| 2024-09-30 | 21.43% |
| 2024-06-30 | 20.35% |
| 2024-03-31 | 16.70% |
| 2023-12-31 | 21.98% |
| 2023-09-30 | 18.18% |
| 2023-06-30 | 21.92% |
| 2023-03-31 | 20.93% |
| 2022-12-31 | 19.21% |
| 2022-09-30 | 23.11% |
| 2022-06-30 | 23.28% |
| 2022-03-31 | 23.82% |
| 2021-12-31 | 18.85% |
| 2021-09-30 | 22.22% |
| 2021-06-30 | 17.47% |
| 2021-03-31 | 23.88% |
| 2020-12-31 | 21.73% |
| 2020-09-30 | 22.13% |
| 2020-06-30 | 20.70% |
| 2020-03-31 | 15.91% |
| 2019-12-31 | 20.32% |
| 2019-09-30 | 24.54% |
| 2019-06-30 | 21.29% |
| 2019-03-31 | 22.78% |
| 2018-12-31 | 21.00% |
| 2018-09-30 | 23.83% |
| 2018-06-30 | 24.72% |
| 2018-03-31 | 24.36% |
| 2017-12-31 | 126.52% |
| 2017-09-30 | 21.79% |
| 2017-06-30 | 20.05% |
| 2017-03-31 | 23.83% |
| 2016-12-31 | 26.50% |
| 2016-09-30 | 26.86% |
| 2016-06-30 | 26.51% |
| 2016-03-31 | 28.74% |
| 2015-12-31 | 26.49% |
| 2015-09-30 | 26.49% |
| 2015-06-30 | 27.12% |
| 2015-03-31 | 26.49% |
| 2014-12-31 | 26.18% |
| 2014-09-30 | 26.77% |
| 2014-06-30 | 26.50% |
| 2014-03-31 | 26.40% |
| 2013-12-31 | 26.21% |
| 2013-09-30 | 23.89% |
| 2013-06-30 | 26.75% |
| 2013-03-31 | 20.93% |
| 2012-12-31 | 32.03% |
| 2012-09-30 | 26.75% |
| 2012-06-30 | 26.75% |
| 2012-03-31 | 26.75% |
| 2011-12-31 | 26.06% |
| 2011-09-30 | 23.48% |
| 2011-06-30 | 27.59% |
| 2011-03-31 | 27.50% |
| 2010-12-31 | 27.20% |
| 2010-09-30 | 22.81% |
| 2010-06-30 | 21.28% |
| 2010-03-31 | 26.09% |
| 2009-12-31 | 27.50% |
| 2009-09-30 | 27.50% |
| 2009-06-30 | 27.50% |
| 2009-03-31 | 24.07% |
| 2008-12-31 | 23.87% |
| 2008-09-30 | 28.60% |
| 2008-06-30 | 29.50% |
| 2008-03-31 | 29.50% |
| 2007-12-31 | 28.82% |
| 2007-09-30 | 29.23% |
| 2007-06-30 | 30.46% |
| 2007-03-31 | 29.62% |
| 2006-12-31 | 30.34% |
| 2006-09-30 | 30.27% |
| 2006-06-30 | 33.00% |
| 2006-03-31 | 33.00% |
| 2005-12-31 | 33.00% |
| 2005-09-30 | 31.03% |
| 2005-06-30 | 34.00% |
| 2005-03-31 | 34.00% |
| 2004-12-31 | 34.00% |
| 2004-09-30 | 34.00% |
| 2004-06-30 | 34.00% |
| 2004-03-31 | 34.00% |
| 2003-12-31 | 34.00% |
| 2003-09-30 | 34.00% |
| 2003-06-30 | 34.00% |
| 2003-03-31 | 34.00% |
| 2002-12-31 | 34.50% |
| 2002-09-30 | 34.50% |
