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 23.83% is 16% above its 5-year average of 20.47%, around the middle of its 5-year range (12.21%–45.99%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.82% above its 12-month average of 21.90%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
23.83%
TAX RATE AVG TTM
21.90%
TAX RATE AVG 3Y
20.40%
TAX RATE AVG 5Y
20.47%
TAX RATE AVG 10Y
19.26%
TAX RATE AVG 15Y
19.10%
TAX RATE AVG 20Y
21.57%
CURRENT VS TTM AVG
+8.82%
CURRENT VS 3Y AVG
+16.82%
CURRENT VS 5Y AVG
+16.41%
CURRENT VS 10Y AVG
+23.73%
CURRENT VS 15Y AVG
+24.73%
CURRENT VS 20Y AVG
+10.46%
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 | 23.83% |
| 2026-03-31 | 22.59% |
| 2025-12-31 | 23.35% |
| 2025-09-30 | 20.78% |
| 2025-06-30 | 18.93% |
| 2025-03-31 | 15.91% |
| 2024-12-31 | 31.71% |
| 2024-09-30 | 12.27% |
| 2024-06-30 | 20.86% |
| 2024-03-31 | 17.18% |
| 2023-12-31 | 45.99% |
| 2023-09-30 | 20.26% |
| 2023-06-30 | 20.27% |
| 2023-03-31 | 12.21% |
| 2022-12-31 | 14.94% |
| 2022-09-30 | 23.44% |
| 2022-06-30 | 25.09% |
| 2021-12-31 | 24.26% |
| 2021-09-30 | 20.56% |
| 2020-12-31 | 167.35% |
| 2020-09-30 | 4.07% |
| 2020-06-30 | 41.63% |
| 2019-12-31 | 17.54% |
| 2019-09-30 | 17.48% |
| 2019-06-30 | 18.89% |
| 2019-03-31 | 20.97% |
| 2018-12-31 | -2.21% |
| 2018-09-30 | 21.12% |
| 2018-06-30 | 19.17% |
| 2018-03-31 | 19.39% |
| 2017-12-31 | 159.04% |
| 2017-09-30 | 16.76% |
| 2017-06-30 | 16.56% |
| 2017-03-31 | 13.64% |
| 2016-12-31 | 11.64% |
| 2016-09-30 | 36.55% |
| 2016-06-30 | 16.16% |
| 2016-03-31 | 18.69% |
| 2015-12-31 | 18.21% |
| 2015-09-30 | 17.82% |
| 2015-06-30 | 20.26% |
| 2015-03-31 | 18.15% |
| 2014-12-31 | 18.15% |
| 2014-09-30 | 18.64% |
| 2014-06-30 | 19.46% |
| 2014-03-31 | 20.39% |
| 2013-12-31 | 16.02% |
| 2013-09-30 | 18.36% |
| 2013-06-30 | 18.32% |
| 2013-03-31 | 15.89% |
| 2012-12-31 | 18.66% |
| 2012-09-30 | 17.94% |
| 2012-06-30 | 20.87% |
| 2012-03-31 | 20.60% |
| 2011-12-31 | 24.34% |
| 2011-09-30 | 22.71% |
| 2011-06-30 | 19.05% |
| 2011-03-31 | 26.07% |
| 2010-12-31 | 25.31% |
| 2010-09-30 | 29.53% |
| 2010-06-30 | 30.91% |
| 2010-03-31 | 33.35% |
| 2009-12-31 | 27.45% |
| 2009-09-30 | -64.34% |
| 2009-06-30 | 32.67% |
| 2009-03-31 | 38.28% |
| 2008-12-31 | 37.32% |
| 2008-09-30 | 31.89% |
| 2008-06-30 | 31.29% |
| 2008-03-31 | 31.29% |
| 2007-12-31 | 24.87% |
| 2007-09-30 | -33.23% |
| 2007-06-30 | 29.42% |
| 2006-12-31 | 6.06% |
| 2006-09-30 | -54.83% |
| 2006-06-30 | 29.39% |
| 2005-12-31 | 38.03% |
| 2005-06-30 | 2.71% |
| 2005-03-31 | -6.15% |
| 2004-12-31 | -4.90% |
| 2004-09-30 | 0.67% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.00% |
| 2003-12-31 | 0.00% |
| 2003-09-30 | 0.00% |
| 2003-06-30 | 0.00% |
