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 21.12% is in line with its 5-year average of 19.72%, around the middle of its 5-year range (-25.46%–41.65%).
As of the fiscal period ended Tuesday, June 30, 2026. 361.33% above its 12-month average of 4.58%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.12%
TAX RATE AVG TTM
4.58%
TAX RATE AVG 3Y
23.57%
TAX RATE AVG 5Y
23.49%
TAX RATE AVG 10Y
24.15%
TAX RATE AVG 15Y
29.36%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+361.33%
CURRENT VS 3Y AVG
-10.42%
CURRENT VS 5Y AVG
-10.11%
CURRENT VS 10Y AVG
-12.57%
CURRENT VS 15Y AVG
-28.08%
CURRENT VS 20Y AVG
N/A
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 | 21.12% |
| 2026-03-31 | 9.29% |
| 2025-12-31 | -6.95% |
| 2025-09-30 | 24.89% |
| 2025-06-30 | -25.46% |
| 2025-03-31 | 20.66% |
| 2024-12-31 | 24.74% |
| 2024-09-30 | 24.01% |
| 2024-06-30 | 22.92% |
| 2024-03-31 | 41.65% |
| 2023-12-31 | 29.77% |
| 2023-09-30 | 24.39% |
| 2023-06-30 | 19.65% |
| 2022-12-31 | 25.56% |
| 2022-09-30 | 23.09% |
| 2022-06-30 | 23.10% |
| 2022-03-31 | 27.18% |
| 2021-12-31 | 18.93% |
| 2021-09-30 | 22.95% |
| 2021-06-30 | 22.90% |
| 2021-03-31 | -32.57% |
| 2020-12-31 | 13.02% |
| 2020-09-30 | 22.42% |
| 2020-06-30 | 24.29% |
| 2020-03-31 | -7.90% |
| 2019-12-31 | 23.65% |
| 2019-09-30 | 22.85% |
| 2019-06-30 | 24.67% |
| 2019-03-31 | 24.01% |
| 2018-12-31 | 5.87% |
| 2018-09-30 | 22.67% |
| 2018-06-30 | 24.14% |
| 2018-03-31 | 24.49% |
| 2017-12-31 | 29.65% |
| 2017-09-30 | 33.41% |
| 2017-06-30 | 33.87% |
| 2017-03-31 | 38.75% |
| 2016-12-31 | 39.98% |
| 2016-09-30 | 35.72% |
| 2016-06-30 | 40.18% |
| 2016-03-31 | 28.80% |
| 2015-12-31 | -22.92% |
| 2015-09-30 | 38.19% |
| 2015-06-30 | 40.78% |
| 2015-03-31 | 42.40% |
| 2014-12-31 | 39.03% |
| 2014-09-30 | 37.81% |
| 2014-06-30 | 40.26% |
| 2014-03-31 | 33.76% |
| 2013-12-31 | 39.67% |
| 2013-09-30 | 40.41% |
| 2013-06-30 | 40.42% |
| 2013-03-31 | 41.33% |
| 2012-12-31 | 40.86% |
| 2012-09-30 | 40.01% |
| 2012-06-30 | 39.86% |
| 2012-03-31 | 41.52% |
| 2011-12-31 | 27.24% |
| 2011-09-30 | 11.92% |
| 2011-06-30 | 40.11% |
| 2011-03-31 | 43.10% |
| 2010-12-31 | -7.72% |
| 2010-09-30 | 43.61% |
| 2010-06-30 | 41.42% |
| 2010-03-31 | 46.05% |
| 2009-12-31 | 52.00% |
| 2009-09-30 | 49.16% |
| 2009-06-30 | 47.25% |
