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 18.84% is in line with its 5-year average of 19.92%, around the middle of its 5-year range (-30.95%–56.57%).
As of the fiscal period ended Tuesday, June 30, 2026. 19.97% below its 12-month average of 23.55%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
18.84%
TAX RATE AVG TTM
23.55%
TAX RATE AVG 3Y
19.22%
TAX RATE AVG 5Y
19.92%
TAX RATE AVG 10Y
22.07%
TAX RATE AVG 15Y
20.67%
TAX RATE AVG 20Y
22.22%
CURRENT VS TTM AVG
-19.97%
CURRENT VS 3Y AVG
-1.97%
CURRENT VS 5Y AVG
-5.41%
CURRENT VS 10Y AVG
-14.61%
CURRENT VS 15Y AVG
-8.84%
CURRENT VS 20Y AVG
-15.20%
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 | 18.84% |
| 2026-03-31 | 17.31% |
| 2025-12-31 | 26.12% |
| 2025-09-30 | 29.51% |
| 2025-06-30 | 25.94% |
| 2025-03-31 | 17.13% |
| 2024-12-31 | 56.57% |
| 2024-09-30 | 27.51% |
| 2024-06-30 | -30.95% |
| 2023-12-31 | -5.26% |
| 2023-09-30 | 9.50% |
| 2023-06-30 | -11.73% |
| 2023-03-31 | 18.16% |
| 2022-12-31 | -8.93% |
| 2022-09-30 | 27.21% |
| 2022-06-30 | 27.02% |
| 2022-03-31 | 23.95% |
| 2021-12-31 | -27.66% |
| 2021-09-30 | 28.05% |
| 2021-06-30 | 31.68% |
| 2021-03-31 | 19.80% |
| 2020-09-30 | 16.79% |
| 2020-06-30 | 104.92% |
| 2019-09-30 | -1.26% |
| 2019-06-30 | 18.98% |
| 2019-03-31 | 13.34% |
| 2018-12-31 | 23.06% |
| 2018-09-30 | 11.77% |
| 2018-06-30 | 26.11% |
| 2018-03-31 | 15.96% |
| 2017-12-31 | 433.67% |
| 2017-09-30 | 27.64% |
| 2017-06-30 | 28.80% |
| 2017-03-31 | 21.94% |
| 2016-12-31 | 17.31% |
| 2016-09-30 | 22.07% |
| 2016-06-30 | 26.44% |
| 2016-03-31 | 27.13% |
| 2015-09-30 | 26.04% |
| 2015-06-30 | 311.54% |
| 2015-03-31 | 17.20% |
| 2014-09-30 | 27.38% |
| 2014-06-30 | 25.45% |
| 2014-03-31 | 4.97% |
| 2013-12-31 | 15.42% |
| 2013-09-30 | 15.40% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 7.57% |
| 2012-12-31 | -80.12% |
| 2012-06-30 | 23.70% |
| 2012-03-31 | 26.89% |
| 2011-12-31 | 22.77% |
| 2011-09-30 | 25.96% |
| 2011-06-30 | 26.98% |
| 2011-03-31 | 22.64% |
| 2010-12-31 | 40.41% |
| 2010-09-30 | 19.33% |
| 2010-06-30 | 20.35% |
| 2010-03-31 | 24.17% |
| 2009-12-31 | -20.98% |
| 2009-09-30 | 23.39% |
| 2009-06-30 | 23.19% |
| 2009-03-31 | 23.01% |
| 2008-12-31 | 22.46% |
| 2008-09-30 | 26.67% |
| 2008-06-30 | 21.13% |
| 2008-03-31 | 27.34% |
| 2007-12-31 | 240.82% |
| 2007-09-30 | 23.25% |
| 2007-06-30 | 20.61% |
| 2007-03-31 | 7.98% |
| 2006-09-30 | 31.28% |
| 2006-06-30 | 23.06% |
| 2006-03-31 | 27.49% |
| 2005-12-31 | 21.39% |
| 2005-09-30 | 31.18% |
| 2005-06-30 | -1.86% |
| 2005-03-31 | 28.88% |
| 2004-12-31 | 74.29% |
| 2004-09-30 | 20.86% |
| 2004-06-30 | 15.34% |
| 2004-03-31 | 27.05% |
| 2003-12-31 | 30.64% |
| 2003-09-30 | 25.35% |
| 2003-06-30 | 21.01% |
| 2003-03-31 | 27.17% |
| 2002-12-31 | 25.00% |
| 2002-09-30 | -219.13% |