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 24.54% is in line with its 5-year average of 23.67%, near the high end of its 5-year range (16.51%–27.77%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.32% above its 12-month average of 22.45%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.54%
TAX RATE AVG TTM
22.45%
TAX RATE AVG 3Y
23.91%
TAX RATE AVG 5Y
23.67%
TAX RATE AVG 10Y
24.67%
TAX RATE AVG 15Y
30.39%
TAX RATE AVG 20Y
32.57%
CURRENT VS TTM AVG
+9.32%
CURRENT VS 3Y AVG
+2.66%
CURRENT VS 5Y AVG
+3.69%
CURRENT VS 10Y AVG
-0.53%
CURRENT VS 15Y AVG
-19.23%
CURRENT VS 20Y AVG
-24.65%
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 | 24.54% |
| 2026-03-31 | 20.08% |
| 2025-12-31 | 16.51% |
| 2025-09-30 | 26.37% |
| 2025-06-30 | 24.76% |
| 2025-03-31 | 21.78% |
| 2024-12-31 | 23.27% |
| 2024-09-30 | 24.61% |
| 2024-06-30 | 25.14% |
| 2024-03-31 | 19.51% |
| 2023-12-31 | 24.36% |
| 2023-09-30 | 27.27% |
| 2023-06-30 | 25.20% |
| 2023-03-31 | 19.97% |
| 2022-12-31 | 25.27% |
| 2022-09-30 | 26.10% |
| 2022-06-30 | 26.96% |
| 2022-03-31 | 16.87% |
| 2021-12-31 | 27.77% |
| 2021-09-30 | 25.50% |
| 2021-06-30 | 25.23% |
| 2021-03-31 | 16.51% |
| 2020-12-31 | 25.66% |
| 2020-09-30 | 15.49% |
| 2020-06-30 | 25.21% |
| 2020-03-31 | 25.75% |
| 2019-12-31 | 25.02% |
| 2019-09-30 | 23.93% |
| 2019-06-30 | 25.04% |
| 2019-03-31 | 23.31% |
| 2018-12-31 | 26.99% |
| 2018-09-30 | 25.58% |
| 2018-06-30 | 26.74% |
| 2018-03-31 | 23.31% |
| 2017-12-31 | -76.34% |
| 2017-09-30 | 38.99% |
| 2017-06-30 | 38.80% |
| 2017-03-31 | 36.82% |
| 2016-12-31 | 39.28% |
| 2016-09-30 | 38.84% |
| 2016-06-30 | 39.26% |
| 2016-03-31 | 39.47% |
| 2015-12-31 | 39.04% |
| 2015-09-30 | 40.24% |
| 2015-06-30 | 39.55% |
| 2015-03-31 | 39.27% |
| 2014-12-31 | 36.55% |
| 2014-09-30 | 39.36% |
| 2014-06-30 | 39.33% |
| 2014-03-31 | 39.64% |
| 2013-12-31 | 38.22% |
| 2013-09-30 | 39.50% |
| 2013-06-30 | 39.68% |
| 2013-03-31 | 39.56% |
| 2012-12-31 | 38.41% |
| 2012-09-30 | 39.37% |
| 2012-06-30 | 40.30% |
| 2012-03-31 | 40.29% |
| 2011-12-31 | 38.86% |
| 2011-09-30 | 39.23% |
| 2011-06-30 | 39.75% |
| 2011-03-31 | 39.62% |
| 2010-12-31 | 38.14% |
| 2010-09-30 | 39.35% |
| 2010-06-30 | 39.45% |
| 2010-03-31 | 39.62% |
| 2009-12-31 | 42.42% |
| 2009-09-30 | 39.31% |
| 2009-06-30 | 39.28% |
| 2009-03-31 | 39.38% |
| 2008-12-31 | 38.46% |
| 2008-09-30 | 39.50% |
| 2008-06-30 | 39.34% |
| 2008-03-31 | 38.81% |
| 2007-12-31 | 38.30% |
| 2007-09-30 | 38.73% |
| 2007-06-30 | 38.44% |
| 2007-03-31 | 39.12% |
| 2006-12-31 | 39.39% |
| 2006-09-30 | 38.58% |
| 2006-06-30 | 37.39% |
| 2006-03-31 | 38.57% |
| 2005-12-31 | 37.84% |
| 2005-09-30 | 37.54% |
| 2005-06-30 | 38.76% |
| 2005-03-31 | 38.99% |
| 2004-12-31 | 35.36% |
| 2004-09-30 | 37.65% |
| 2004-06-30 | 38.79% |
| 2004-03-31 | 38.77% |
| 2003-12-31 | 37.58% |
| 2003-09-30 | 37.42% |
| 2003-06-30 | 37.26% |
| 2003-03-31 | 37.68% |
| 2002-12-31 | 30.50% |
| 2002-09-30 | 38.42% |
