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 24.97% is in line with its 5-year average of 23.26%, around the middle of its 5-year range (15.72%–33.80%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.14% below its 12-month average of 26.33%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.97%
TAX RATE AVG TTM
26.33%
TAX RATE AVG 3Y
24.79%
TAX RATE AVG 5Y
22.70%
TAX RATE AVG 10Y
23.55%
TAX RATE AVG 15Y
24.83%
TAX RATE AVG 20Y
24.94%
CURRENT VS TTM AVG
-5.14%
CURRENT VS 3Y AVG
+0.74%
CURRENT VS 5Y AVG
+9.99%
CURRENT VS 10Y AVG
+6.05%
CURRENT VS 15Y AVG
+0.59%
CURRENT VS 20Y AVG
+0.12%
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 | 24.97% |
| 2026-03-31 | 20.99% |
| 2025-12-31 | 33.80% |
| 2025-09-30 | 29.14% |
| 2025-06-30 | 22.72% |
| 2025-03-31 | 24.60% |
| 2024-12-31 | 23.99% |
| 2024-09-30 | 25.42% |
| 2024-06-30 | 24.29% |
| 2024-03-31 | 25.00% |
| 2023-09-30 | 25.13% |
| 2023-06-30 | 26.97% |
| 2023-03-31 | 24.76% |
| 2022-12-31 | 20.15% |
| 2022-09-30 | 20.00% |
| 2022-06-30 | 19.80% |
| 2022-03-31 | 17.87% |
| 2021-12-31 | 19.52% |
| 2021-09-30 | 20.35% |
| 2021-06-30 | 15.72% |
| 2021-03-31 | 22.62% |
| 2020-12-31 | 20.07% |
| 2020-09-30 | 19.65% |
| 2020-06-30 | 4.69% |
| 2020-03-31 | 18.54% |
| 2019-12-31 | 12.33% |
| 2019-09-30 | 17.92% |
| 2019-06-30 | 22.27% |
| 2019-03-31 | 21.21% |
| 2018-12-31 | 18.87% |
| 2018-09-30 | 24.10% |
| 2018-06-30 | 24.29% |
| 2018-03-31 | 23.66% |
| 2017-12-31 | 468.01% |
| 2017-09-30 | 31.08% |
| 2017-06-30 | 31.61% |
| 2017-03-31 | 31.15% |
| 2016-12-31 | 29.59% |
| 2016-09-30 | 30.84% |
| 2016-06-30 | 29.86% |
| 2016-03-31 | 29.66% |
| 2015-12-31 | 29.18% |
| 2015-09-30 | 30.40% |
| 2015-06-30 | 29.53% |
| 2015-03-31 | 30.56% |
| 2014-12-31 | 72.18% |
| 2014-09-30 | 41.49% |
| 2014-06-30 | 88.36% |
| 2014-03-31 | 35.03% |
| 2013-12-31 | 31.92% |
| 2013-09-30 | 25.32% |
| 2013-06-30 | 33.68% |
| 2013-03-31 | 28.54% |
| 2012-12-31 | -18.23% |
| 2012-06-30 | 19.42% |
| 2012-03-31 | 24.73% |
| 2011-12-31 | 8.36% |
| 2011-09-30 | 25.46% |
| 2011-06-30 | 22.49% |
| 2011-03-31 | 28.11% |
| 2010-12-31 | -29.53% |
| 2010-09-30 | 21.16% |
| 2010-06-30 | 22.94% |
| 2010-03-31 | 19.60% |
| 2009-06-30 | 17.13% |
| 2009-03-31 | 33.02% |
| 2007-09-30 | 18.92% |
| 2007-06-30 | 30.24% |
| 2007-03-31 | 27.09% |
| 2006-12-31 | 29.26% |
| 2006-09-30 | 27.58% |
| 2006-06-30 | 30.44% |
| 2006-03-31 | 21.67% |
| 2005-12-31 | 31.16% |
| 2005-09-30 | 30.26% |
| 2005-06-30 | 31.53% |
| 2005-03-31 | 32.69% |
| 2004-12-31 | 28.84% |
| 2004-09-30 | 30.72% |
| 2004-06-30 | -9.96% |
| 2004-03-31 | 31.52% |
| 2003-12-31 | 30.73% |
| 2003-09-30 | 32.00% |
| 2003-06-30 | 31.27% |
| 2003-03-31 | 31.87% |
| 2002-12-31 | 33.14% |
| 2002-09-30 | 33.87% |
