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 21.54% is 117% above its 5-year average of 9.95%, around the middle of its 5-year range (-14.70%–39.46%).
As of the fiscal period ended Tuesday, June 30, 2026. 11.75% above its 12-month average of 19.27%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.54%
TAX RATE AVG TTM
19.27%
TAX RATE AVG 3Y
7.46%
TAX RATE AVG 5Y
9.11%
TAX RATE AVG 10Y
14.07%
TAX RATE AVG 15Y
16.87%
TAX RATE AVG 20Y
19.19%
CURRENT VS TTM AVG
+11.75%
CURRENT VS 3Y AVG
+188.88%
CURRENT VS 5Y AVG
+136.51%
CURRENT VS 10Y AVG
+53.12%
CURRENT VS 15Y AVG
+27.69%
CURRENT VS 20Y AVG
+12.23%
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 | 21.54% |
| 2026-03-31 | 17.49% |
| 2025-12-31 | 39.46% |
| 2025-09-30 | 10.44% |
| 2025-06-30 | 7.44% |
| 2025-03-31 | 8.87% |
| 2024-12-31 | 6.23% |
| 2024-09-30 | 5.84% |
| 2024-06-30 | 8.77% |
| 2024-03-31 | 8.10% |
| 2023-12-31 | -0.64% |
| 2023-09-30 | 3.62% |
| 2023-06-30 | 7.79% |
| 2023-03-31 | 10.21% |
| 2022-12-31 | 9.69% |
| 2022-09-30 | 14.68% |
| 2022-06-30 | 9.36% |
| 2022-03-31 | 10.31% |
| 2021-12-31 | 10.30% |
| 2021-09-30 | 14.07% |
| 2021-06-30 | -14.70% |
| 2021-03-31 | 12.18% |
| 2020-12-31 | 10.61% |
| 2020-09-30 | -7.37% |
| 2020-06-30 | 7.00% |
| 2020-03-31 | 11.50% |
| 2019-12-31 | 14.38% |
| 2019-09-30 | 15.77% |
| 2019-06-30 | 17.98% |
| 2019-03-31 | 16.61% |
| 2018-12-31 | 16.33% |
| 2018-09-30 | 20.31% |
| 2018-06-30 | 20.17% |
| 2018-03-31 | 17.58% |
| 2017-12-31 | 60.66% |
| 2017-09-30 | 28.73% |
| 2017-06-30 | 37.13% |
| 2017-03-31 | 27.09% |
| 2016-12-31 | 22.44% |
| 2016-09-30 | 32.16% |
| 2016-06-30 | 29.84% |
| 2016-03-31 | 30.24% |
| 2015-12-31 | 31.17% |
| 2015-09-30 | 26.06% |
| 2015-06-30 | 28.87% |
| 2015-03-31 | 28.34% |
| 2014-12-31 | 29.23% |
| 2014-09-30 | 153.83% |
| 2014-06-30 | 18.03% |
| 2013-12-31 | 10.56% |
| 2013-09-30 | 48.46% |
| 2013-06-30 | 27.03% |
| 2013-03-31 | 25.25% |
| 2012-09-30 | 69.37% |
| 2012-06-30 | 21.73% |
| 2012-03-31 | 9.18% |
| 2011-12-31 | 18.13% |
| 2011-09-30 | 16.16% |
| 2011-03-31 | 26.29% |
| 2010-06-30 | 17.71% |
| 2010-03-31 | 27.50% |
| 2009-06-30 | -35.52% |
| 2009-03-31 | 21.00% |
| 2008-09-30 | 22.10% |
| 2008-06-30 | 30.71% |
| 2008-03-31 | 32.70% |
| 2007-09-30 | 30.96% |
| 2007-06-30 | 33.48% |
| 2007-03-31 | 32.83% |
| 2006-12-31 | 32.81% |
| 2006-09-30 | 33.59% |
| 2006-06-30 | 35.57% |
| 2006-03-31 | 33.49% |
| 2005-12-31 | 30.24% |
| 2005-09-30 | 33.04% |
| 2005-06-30 | 33.69% |
| 2005-03-31 | 33.03% |
| 2004-12-31 | 33.35% |
| 2004-09-30 | 33.36% |
| 2004-06-30 | 33.93% |
| 2004-03-31 | 32.50% |
| 2003-12-31 | 30.16% |
| 2003-09-30 | 31.33% |
| 2003-06-30 | 32.99% |
| 2003-03-31 | 32.98% |
| 2002-12-31 | 15.98% |
| 2002-09-30 | 32.00% |
