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 19.89% is 29% below its 5-year average of 28.14%, near the low end of its 5-year range (19.89%–30.42%).
As of the fiscal period ended Tuesday, June 30, 2026. 20.63% below its 12-month average of 25.06%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
19.89%
TAX RATE AVG TTM
25.06%
TAX RATE AVG 3Y
27.37%
TAX RATE AVG 5Y
28.55%
TAX RATE AVG 10Y
28.61%
TAX RATE AVG 15Y
34.15%
TAX RATE AVG 20Y
35.64%
CURRENT VS TTM AVG
-20.63%
CURRENT VS 3Y AVG
-27.32%
CURRENT VS 5Y AVG
-30.32%
CURRENT VS 10Y AVG
-30.48%
CURRENT VS 15Y AVG
-41.75%
CURRENT VS 20Y AVG
-44.19%
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 | 19.89% |
| 2026-03-31 | 24.57% |
| 2025-12-31 | 26.84% |
| 2025-09-30 | 25.04% |
| 2025-06-30 | 28.96% |
| 2025-03-31 | 28.95% |
| 2024-12-31 | 30.36% |
| 2024-09-30 | 29.43% |
| 2024-06-30 | 27.37% |
| 2024-03-31 | 28.82% |
| 2023-12-31 | 30.19% |
| 2023-09-30 | 30.05% |
| 2023-06-30 | 25.34% |
| 2023-03-31 | 30.37% |
| 2022-12-31 | 30.42% |
| 2022-09-30 | 29.50% |
| 2022-06-30 | 29.15% |
| 2022-03-31 | 28.93% |
| 2021-12-31 | 29.59% |
| 2021-09-30 | 29.09% |
| 2021-06-30 | 27.99% |
| 2021-03-31 | 29.46% |
| 2020-12-31 | 30.22% |
| 2020-09-30 | 30.08% |
| 2020-06-30 | 33.31% |
| 2020-03-31 | 29.81% |
| 2019-12-31 | 29.00% |
| 2019-09-30 | 28.03% |
| 2019-06-30 | 26.55% |
| 2019-03-31 | 28.71% |
| 2018-12-31 | 27.72% |
| 2018-09-30 | 25.27% |
| 2018-06-30 | 26.43% |
| 2018-03-31 | 34.18% |
| 2017-12-31 | 43.97% |
| 2017-09-30 | 40.98% |
| 2017-06-30 | 41.75% |
| 2017-03-31 | 42.60% |
| 2016-12-31 | 41.97% |
| 2016-09-30 | 41.90% |
| 2016-06-30 | 42.04% |
| 2016-03-31 | 41.57% |
| 2015-12-31 | 42.02% |
| 2015-09-30 | 41.51% |
| 2015-06-30 | 41.81% |
| 2015-03-31 | 41.11% |
| 2014-12-31 | 41.25% |
| 2014-09-30 | 40.88% |
| 2014-06-30 | 41.15% |
| 2014-03-31 | 41.39% |
| 2013-12-31 | 40.39% |
| 2013-09-30 | 39.31% |
| 2013-06-30 | 41.47% |
| 2013-03-31 | 40.78% |
| 2012-12-31 | 40.63% |
| 2012-09-30 | 40.72% |
| 2012-06-30 | 40.67% |
| 2012-03-31 | 40.64% |
| 2011-12-31 | 40.89% |
| 2011-09-30 | 39.69% |
| 2011-06-30 | 40.51% |
| 2011-03-31 | 39.00% |
| 2010-12-31 | 39.99% |
| 2010-09-30 | 39.56% |
| 2010-06-30 | 38.47% |
| 2010-03-31 | 41.80% |
| 2009-12-31 | 42.42% |
| 2009-09-30 | 40.95% |
| 2009-06-30 | 40.99% |
| 2009-03-31 | 40.84% |
| 2008-12-31 | 40.62% |
| 2008-06-30 | 39.78% |
| 2008-03-31 | 40.50% |
| 2007-12-31 | 40.22% |
| 2007-09-30 | 40.48% |
| 2007-06-30 | 40.21% |
| 2007-03-31 | 42.26% |
| 2006-12-31 | 40.13% |
| 2006-09-30 | 40.32% |
| 2006-06-30 | 39.64% |
| 2006-03-31 | 40.56% |
| 2005-12-31 | 40.33% |
| 2005-09-30 | 39.70% |
| 2005-06-30 | 39.14% |
| 2005-03-31 | 40.26% |
| 2004-12-31 | 39.79% |
