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 26.60% is 10% above its 5-year average of 24.16%, near the high end of its 5-year range (4.68%–29.39%).
As of the fiscal period ended Tuesday, September 30, 2025. 3.15% above its 12-month average of 25.79%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2025 (2025-09-30): 26.60%.
TAX RATE
26.60%
TAX RATE AVG TTM
25.79%
TAX RATE AVG 3Y
24.83%
TAX RATE AVG 5Y
24.16%
TAX RATE AVG 10Y
25.37%
TAX RATE AVG 15Y
28.50%
TAX RATE AVG 20Y
30.37%
CURRENT VS TTM AVG
+3.15%
CURRENT VS 3Y AVG
+7.14%
CURRENT VS 5Y AVG
+10.11%
CURRENT VS 10Y AVG
+4.86%
CURRENT VS 15Y AVG
-6.66%
CURRENT VS 20Y AVG
-12.42%
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 |
|---|---|
| 2025-09-30 | 26.60% |
| 2025-06-30 | 28.24% |
| 2025-03-31 | 24.99% |
| 2024-12-31 | 22.49% |
| 2024-09-30 | 26.62% |
| 2024-06-30 | 4.68% |
| 2023-12-31 | 28.04% |
| 2023-09-30 | 25.51% |
| 2023-06-30 | 18.64% |
| 2023-03-31 | 19.95% |
| 2022-12-31 | 29.39% |
| 2022-09-30 | 22.62% |
| 2022-06-30 | 22.91% |
| 2022-03-31 | 24.67% |
| 2021-12-31 | 24.03% |
| 2021-09-30 | 26.07% |
| 2021-06-30 | 16.99% |
| 2021-03-31 | 25.48% |
| 2020-12-31 | 20.81% |
| 2020-09-30 | 24.95% |
| 2020-06-30 | 23.41% |
| 2020-03-31 | 20.25% |
| 2019-09-30 | 30.30% |
| 2019-06-30 | 27.37% |
| 2019-03-31 | 25.89% |
| 2018-12-31 | 25.98% |
| 2018-09-30 | 24.48% |
| 2018-06-30 | -67.98% |
| 2018-03-31 | -10.71% |
| 2017-12-31 | -128.26% |
| 2017-09-30 | 38.56% |
| 2017-06-30 | 34.63% |
| 2016-12-31 | -44.53% |
| 2016-09-30 | 37.05% |
| 2016-06-30 | 37.54% |
| 2015-12-31 | 27.36% |
| 2015-09-30 | 40.23% |
| 2015-06-30 | 39.33% |
| 2015-03-31 | 18.31% |
| 2014-12-31 | 25.95% |
| 2014-09-30 | 39.74% |
| 2014-06-30 | 37.13% |
| 2013-12-31 | 25.54% |
| 2013-09-30 | 33.43% |
| 2013-06-30 | 37.98% |
| 2012-09-30 | 44.65% |
| 2012-06-30 | -94.63% |
| 2011-12-31 | 27.40% |
| 2011-09-30 | 35.69% |
| 2011-06-30 | 36.76% |
| 2008-09-30 | 40.83% |
| 2008-06-30 | 39.75% |
| 2008-03-31 | 39.49% |
| 2007-12-31 | 35.14% |
| 2007-09-30 | 36.89% |
| 2007-06-30 | 38.97% |
| 2007-03-31 | 38.99% |
| 2006-12-31 | 38.21% |
| 2006-09-30 | 38.94% |
| 2006-06-30 | 38.85% |
| 2006-03-31 | 39.12% |
| 2005-12-31 | 38.74% |
| 2005-09-30 | 39.02% |
| 2005-06-30 | 39.08% |
| 2005-03-31 | 39.60% |
| 2004-12-31 | 40.13% |
| 2004-09-30 | 39.74% |
| 2004-06-30 | 40.30% |
| 2004-03-31 | 40.30% |
| 2003-12-31 | 38.92% |
| 2003-09-30 | 40.55% |
| 2003-06-30 | 35.64% |
| 2002-12-31 | 39.61% |
| 2002-09-30 | 41.14% |
