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 16.23% is 16% below its 5-year average of 19.34%, near the low end of its 5-year range (14.98%–24.23%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.54% below its 12-month average of 17.95%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
16.23%
TAX RATE AVG TTM
17.95%
TAX RATE AVG 3Y
19.16%
TAX RATE AVG 5Y
19.34%
TAX RATE AVG 10Y
18.92%
TAX RATE AVG 15Y
18.39%
TAX RATE AVG 20Y
18.07%
CURRENT VS TTM AVG
-9.54%
CURRENT VS 3Y AVG
-15.29%
CURRENT VS 5Y AVG
-16.07%
CURRENT VS 10Y AVG
-14.21%
CURRENT VS 15Y AVG
-11.73%
CURRENT VS 20Y AVG
-10.15%
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 | 16.23% |
| 2026-03-31 | 19.97% |
| 2025-12-31 | 17.79% |
| 2025-09-30 | 18.71% |
| 2025-06-30 | 17.03% |
| 2025-03-31 | 20.61% |
| 2024-12-31 | 16.17% |
| 2024-09-30 | 16.65% |
| 2024-06-30 | 19.30% |
| 2024-03-31 | 24.23% |
| 2023-12-31 | 19.90% |
| 2023-09-30 | 23.59% |
| 2023-06-30 | 18.93% |
| 2023-03-31 | 22.59% |
| 2022-12-31 | 17.79% |
| 2022-09-30 | 21.37% |
| 2022-06-30 | 21.19% |
| 2022-03-31 | 19.67% |
| 2021-12-31 | 14.98% |
| 2021-09-30 | 19.65% |
| 2021-06-30 | 19.84% |
| 2021-03-31 | 21.92% |
| 2020-12-31 | 14.59% |
| 2020-09-30 | 19.94% |
| 2020-06-30 | 18.53% |
| 2020-03-31 | 22.44% |
| 2019-12-31 | 20.73% |
| 2019-09-30 | 19.44% |
| 2019-06-30 | 36.70% |
| 2019-03-31 | 15.36% |
| 2018-12-31 | 18.54% |
| 2018-09-30 | 19.15% |
| 2018-06-30 | 9.81% |
| 2018-03-31 | 37.61% |
| 2017-12-31 | 13.78% |
| 2017-09-30 | 13.86% |
| 2017-06-30 | 28.16% |
| 2017-03-31 | 23.03% |
| 2016-12-31 | 13.79% |
| 2016-09-30 | 15.20% |
| 2016-06-30 | 23.53% |
| 2016-03-31 | 23.30% |
| 2015-12-31 | 20.59% |
| 2015-09-30 | 14.43% |
| 2015-06-30 | 29.56% |
| 2015-03-31 | 15.55% |
| 2014-12-31 | 15.39% |
| 2014-09-30 | 14.40% |
| 2014-06-30 | 13.52% |
| 2014-03-31 | 16.97% |
| 2013-12-31 | 7.85% |
| 2013-09-30 | 12.87% |
| 2013-06-30 | 22.37% |
| 2013-03-31 | 25.42% |
| 2012-12-31 | 21.84% |
| 2012-09-30 | 19.40% |
| 2012-06-30 | 8.76% |
| 2012-03-31 | 18.00% |
| 2011-12-31 | 11.52% |
| 2011-09-30 | 17.07% |
| 2011-06-30 | 18.17% |
| 2011-03-31 | 18.90% |
| 2010-12-31 | 25.98% |
| 2010-09-30 | 11.91% |
| 2010-06-30 | 11.35% |
| 2010-03-31 | 11.17% |
| 2009-12-31 | 10.55% |
| 2009-09-30 | 14.47% |
| 2009-06-30 | 25.34% |
| 2008-09-30 | 24.49% |
| 2008-06-30 | 22.22% |
| 2008-03-31 | 12.96% |
| 2007-12-31 | 20.53% |
| 2007-09-30 | 17.42% |
| 2007-06-30 | 23.64% |
| 2007-03-31 | 14.49% |
| 2006-12-31 | 22.08% |
| 2006-09-30 | 13.77% |
| 2006-06-30 | 4.91% |
| 2006-03-31 | -0.79% |
| 2005-12-31 | 1.48% |
| 2005-09-30 | 1.92% |
| 2004-09-30 | -17.86% |
| 2004-06-30 | -27.87% |
| 2004-03-31 | -16.67% |
| 2003-12-31 | -26.40% |
| 2003-09-30 | -70.00% |
| 2002-09-30 | -800.00% |
