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 28.19% is in line with its 5-year average of 28.51%, near the low end of its 5-year range (15.14%–204.84%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.27% above its 12-month average of 25.80%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
28.19%
TAX RATE AVG TTM
25.80%
TAX RATE AVG 3Y
42.89%
TAX RATE AVG 5Y
28.51%
TAX RATE AVG 10Y
35.18%
TAX RATE AVG 15Y
43.47%
TAX RATE AVG 20Y
46.19%
CURRENT VS TTM AVG
+9.27%
CURRENT VS 3Y AVG
-34.27%
CURRENT VS 5Y AVG
-1.10%
CURRENT VS 10Y AVG
-19.85%
CURRENT VS 15Y AVG
-35.15%
CURRENT VS 20Y AVG
-38.97%
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 | 28.19% |
| 2026-03-31 | 24.99% |
| 2025-12-31 | 29.99% |
| 2025-09-30 | 22.89% |
| 2025-06-30 | 22.94% |
| 2025-03-31 | 25.65% |
| 2024-12-31 | 29.23% |
| 2024-09-30 | 40.61% |
| 2024-06-30 | 64.67% |
| 2024-03-31 | 36.56% |
| 2023-06-30 | 146.05% |
| 2022-12-31 | 204.84% |
| 2022-06-30 | 15.14% |
| 2021-12-31 | 39.47% |
| 2021-06-30 | 26.43% |
| 2020-12-31 | 42.04% |
| 2020-06-30 | 34.84% |
| 2019-12-31 | 44.13% |
| 2019-06-30 | 32.12% |
| 2018-12-31 | 48.10% |
| 2018-06-30 | 50.00% |
| 2017-12-31 | 106.67% |
| 2016-12-31 | 87.90% |
| 2016-06-30 | 45.54% |
| 2015-06-30 | 100.00% |
| 2014-12-31 | 72.57% |
| 2014-06-30 | 57.94% |
| 2013-12-31 | 118.75% |
| 2013-06-30 | 28.32% |
| 2012-12-31 | 157.84% |
| 2012-06-30 | 38.71% |
| 2011-12-31 | 30.49% |
| 2011-06-30 | 34.64% |
| 2010-12-31 | 36.68% |
| 2010-06-30 | 31.15% |
| 2009-06-30 | 81.25% |
| 2007-06-30 | 68.13% |
| 2006-12-31 | 20.06% |
| 2005-06-30 | -13.53% |
| 2004-12-31 | 22.03% |
| 2004-06-30 | 25.00% |
| 2003-12-31 | 35.35% |
| 2003-06-30 | 37.88% |
| 2002-12-31 | -13.81% |
| 2002-06-30 | 36.71% |
| 2001-12-31 | 31.86% |
| 2001-06-30 | 30.23% |
| 2000-12-31 | 37.44% |
| 2000-06-30 | 27.86% |
| 1999-12-31 | 20.88% |
| 1999-06-30 | -2.61% |
| 1998-12-31 | 19.79% |
