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 22.22% is in line with its 5-year average of 21.20%, around the middle of its 5-year range (15.60%–27.85%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.34% above its 12-month average of 21.71%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.22%
TAX RATE AVG TTM
21.71%
TAX RATE AVG 3Y
22.62%
TAX RATE AVG 5Y
21.20%
TAX RATE AVG 10Y
22.92%
TAX RATE AVG 15Y
29.89%
TAX RATE AVG 20Y
31.53%
CURRENT VS TTM AVG
+2.34%
CURRENT VS 3Y AVG
-1.78%
CURRENT VS 5Y AVG
+4.83%
CURRENT VS 10Y AVG
-3.06%
CURRENT VS 15Y AVG
-25.65%
CURRENT VS 20Y AVG
-29.52%
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 | 22.22% |
| 2026-03-31 | 24.32% |
| 2025-12-31 | 15.60% |
| 2025-09-30 | 23.28% |
| 2025-06-30 | 23.14% |
| 2025-03-31 | 24.07% |
| 2024-12-31 | 21.12% |
| 2024-09-30 | 22.74% |
| 2024-06-30 | 23.27% |
| 2024-03-31 | 23.55% |
| 2023-12-31 | 21.56% |
| 2023-09-30 | 20.64% |
| 2023-06-30 | 21.57% |
| 2023-03-31 | 20.56% |
| 2022-12-31 | 17.42% |
| 2022-09-30 | 19.07% |
| 2022-06-30 | 19.26% |
| 2022-03-31 | 18.13% |
| 2021-12-31 | 27.85% |
| 2021-09-30 | 18.24% |
| 2021-06-30 | 17.53% |
| 2021-03-31 | 14.19% |
| 2020-12-31 | 19.89% |
| 2020-09-30 | 25.00% |
| 2020-06-30 | 24.14% |
| 2020-03-31 | 22.01% |
| 2019-12-31 | 27.94% |
| 2019-09-30 | 24.53% |
| 2019-06-30 | 25.11% |
| 2019-03-31 | 25.66% |
| 2018-12-31 | 34.12% |
| 2018-09-30 | 27.45% |
| 2018-06-30 | 27.03% |
| 2018-03-31 | 24.29% |
| 2017-12-31 | 100.50% |
| 2017-09-30 | 40.29% |
| 2017-06-30 | 42.04% |
| 2017-03-31 | 35.86% |
| 2016-12-31 | 39.16% |
| 2016-09-30 | 39.09% |
| 2016-06-30 | 39.11% |
| 2016-03-31 | 39.71% |
| 2015-12-31 | 37.34% |
| 2015-09-30 | 39.43% |
| 2015-06-30 | 39.56% |
| 2015-03-31 | 40.04% |
| 2014-12-31 | 37.01% |
| 2014-09-30 | 40.64% |
| 2014-06-30 | 39.78% |
| 2014-03-31 | 39.72% |
| 2013-12-31 | 40.28% |
| 2013-09-30 | 39.49% |
| 2013-06-30 | 39.62% |
| 2013-03-31 | 35.09% |
| 2012-12-31 | 42.51% |
| 2012-09-30 | 39.57% |
| 2012-06-30 | 40.86% |
| 2012-03-31 | 41.81% |
| 2011-12-31 | 40.19% |
| 2011-09-30 | 37.90% |
| 2011-06-30 | 40.66% |
| 2011-03-31 | 40.86% |
| 2010-12-31 | 46.36% |
| 2010-09-30 | 38.78% |
| 2010-06-30 | 40.16% |
| 2010-03-31 | 38.73% |
| 2009-12-31 | 42.19% |
| 2009-09-30 | 35.38% |
| 2009-06-30 | 39.64% |
| 2008-12-31 | 43.78% |
| 2008-09-30 | 39.48% |
| 2008-06-30 | 39.87% |
| 2002-09-30 | 41.05% |
| 2002-06-30 | 49.14% |
| 2002-03-31 | 45.02% |
| 2001-12-31 | 38.67% |
| 2001-09-30 | 42.94% |
| 2001-06-30 | 39.19% |
| 2001-03-31 | 40.25% |
| 2000-12-31 | 38.96% |
| 2000-09-30 | 39.76% |
| 2000-06-30 | 39.17% |
| 2000-03-31 | 40.48% |
| 1999-12-31 | 37.82% |
| 1999-09-30 | 39.59% |
| 1999-06-30 | 40.79% |