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 38.24% is 29% above its 5-year average of 29.62%, around the middle of its 5-year range (19.54%–60.51%).
As of the fiscal period ended Tuesday, June 30, 2026. 16.07% above its 12-month average of 32.94%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
38.24%
TAX RATE AVG TTM
32.94%
TAX RATE AVG 3Y
31.10%
TAX RATE AVG 5Y
29.62%
TAX RATE AVG 10Y
25.84%
TAX RATE AVG 15Y
28.13%
TAX RATE AVG 20Y
30.13%
CURRENT VS TTM AVG
+16.07%
CURRENT VS 3Y AVG
+22.94%
CURRENT VS 5Y AVG
+29.09%
CURRENT VS 10Y AVG
+47.98%
CURRENT VS 15Y AVG
+35.93%
CURRENT VS 20Y AVG
+26.91%
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 | 38.24% |
| 2026-03-31 | 35.56% |
| 2025-12-31 | 35.78% |
| 2025-09-30 | 27.69% |
| 2025-06-30 | 27.45% |
| 2025-03-31 | 26.72% |
| 2024-12-31 | 20.80% |
| 2024-09-30 | 29.41% |
| 2024-06-30 | 31.33% |
| 2024-03-31 | 35.29% |
| 2023-12-31 | 60.51% |
| 2023-09-30 | 26.78% |
| 2023-06-30 | 38.18% |
| 2023-03-31 | 54.17% |
| 2022-12-31 | 32.58% |
| 2022-09-30 | 33.26% |
| 2022-06-30 | 26.55% |
| 2022-03-31 | 19.54% |
| 2021-12-31 | 27.45% |
| 2021-09-30 | 27.20% |
| 2021-06-30 | 22.99% |
| 2021-03-31 | -52.00% |
| 2020-03-31 | 7.08% |
| 2019-12-31 | 16.09% |
| 2019-09-30 | 20.16% |
| 2019-06-30 | 21.84% |
| 2019-03-31 | 17.50% |
| 2018-12-31 | 9.72% |
| 2018-09-30 | 23.05% |
| 2018-06-30 | 22.94% |
| 2018-03-31 | 14.81% |
| 2017-12-31 | -27.09% |
| 2017-09-30 | 8.89% |
| 2017-06-30 | 28.41% |
| 2017-03-31 | -1.83% |
| 2016-12-31 | 30.96% |
| 2016-09-30 | 34.21% |
| 2016-06-30 | 34.30% |
| 2016-03-31 | 34.78% |
| 2015-12-31 | 29.96% |
| 2015-09-30 | 34.55% |
| 2015-06-30 | 35.58% |
| 2015-03-31 | 31.33% |
| 2014-12-31 | 33.61% |
| 2014-09-30 | 37.61% |
| 2014-06-30 | 35.99% |
| 2014-03-31 | 36.53% |
| 2013-12-31 | -11.38% |
| 2013-09-30 | 19.64% |
| 2013-06-30 | 7.43% |
| 2012-12-31 | 28.77% |
| 2012-09-30 | 35.22% |
| 2012-03-31 | 42.40% |
| 2008-03-31 | 57.03% |
| 2007-12-31 | 61.86% |
| 2007-09-30 | 42.23% |
| 2007-06-30 | 42.00% |
| 2007-03-31 | 41.80% |
| 2006-12-31 | 39.87% |
| 2006-09-30 | 41.87% |
| 2006-06-30 | 42.11% |
| 2006-03-31 | 42.01% |
| 2005-12-31 | 40.33% |
| 2005-09-30 | 40.89% |
| 2005-06-30 | 40.72% |
| 2005-03-31 | 41.11% |
| 2004-12-31 | 42.34% |
| 2004-09-30 | 41.84% |
| 2004-06-30 | 41.85% |
| 2004-03-31 | 41.79% |
| 2003-12-31 | 43.38% |
| 2003-09-30 | 41.91% |
| 2003-06-30 | 41.61% |
| 2003-03-31 | 41.90% |
| 2002-12-31 | 42.61% |
| 2002-09-30 | 40.47% |
| 2002-06-30 | 41.40% |
| 2002-03-31 | 42.22% |
| 2001-12-31 | 42.72% |
| 2001-09-30 | 42.13% |
| 2001-06-30 | 41.98% |
| 2001-03-31 | 41.85% |
| 2000-12-31 | 41.44% |
| 2000-09-30 | 41.77% |
| 2000-06-30 | 41.65% |
| 2000-03-31 | 41.50% |
