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 21.65% is 24% above its 5-year average of 17.40%, near the high end of its 5-year range (-25.96%–24.93%).
As of the fiscal period ended Tuesday, June 30, 2026. 12.46% above its 12-month average of 19.25%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.65%
TAX RATE AVG TTM
19.25%
TAX RATE AVG 3Y
17.67%
TAX RATE AVG 5Y
17.40%
TAX RATE AVG 10Y
15.80%
TAX RATE AVG 15Y
15.31%
TAX RATE AVG 20Y
15.90%
CURRENT VS TTM AVG
+12.46%
CURRENT VS 3Y AVG
+22.52%
CURRENT VS 5Y AVG
+24.42%
CURRENT VS 10Y AVG
+36.96%
CURRENT VS 15Y AVG
+41.34%
CURRENT VS 20Y AVG
+36.13%
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 | 21.65% |
| 2025-12-31 | 15.84% |
| 2025-09-30 | 20.21% |
| 2025-06-30 | 19.29% |
| 2025-03-31 | 19.29% |
| 2024-12-31 | 15.36% |
| 2024-09-30 | 16.83% |
| 2024-06-30 | 18.11% |
| 2024-03-31 | 12.97% |
| 2023-12-31 | -25.96% |
| 2023-09-30 | 16.84% |
| 2023-06-30 | 17.94% |
| 2023-03-31 | 16.87% |
| 2022-12-31 | 20.68% |
| 2022-09-30 | 24.93% |
| 2022-06-30 | 19.65% |
| 2022-03-31 | 15.31% |
| 2021-12-31 | 15.87% |
| 2021-09-30 | 10.63% |
| 2021-06-30 | 12.28% |
| 2021-03-31 | 12.81% |
| 2020-12-31 | 12.14% |
| 2020-09-30 | 10.63% |
| 2020-03-31 | 46.04% |
| 2019-12-31 | 12.59% |
| 2019-09-30 | 17.41% |
| 2019-06-30 | 15.32% |
| 2019-03-31 | 15.31% |
| 2018-12-31 | 30.93% |
| 2018-09-30 | 12.94% |
| 2018-06-30 | 14.42% |
| 2018-03-31 | 11.09% |
| 2017-12-31 | -33.19% |
| 2017-06-30 | 13.29% |
| 2017-03-31 | 10.48% |
| 2016-12-31 | 13.86% |
| 2016-09-30 | 16.92% |
| 2016-06-30 | 17.59% |
| 2016-03-31 | 22.02% |
| 2015-12-31 | 8.93% |
| 2015-09-30 | 20.00% |
| 2015-06-30 | 13.18% |
| 2015-03-31 | 14.98% |
| 2014-12-31 | 29.48% |
| 2014-09-30 | 18.31% |
| 2014-06-30 | 14.58% |
| 2014-03-31 | 11.25% |
| 2013-12-31 | 8.10% |
| 2013-09-30 | 14.47% |
| 2013-06-30 | 11.43% |
| 2013-03-31 | 11.35% |
| 2012-12-31 | -21.43% |
| 2012-09-30 | 18.68% |
| 2012-06-30 | 31.09% |
| 2012-03-31 | 10.16% |
| 2011-12-31 | 13.99% |
| 2011-09-30 | 130.95% |
| 2011-06-30 | 16.92% |
| 2011-03-31 | 27.75% |
| 2010-12-31 | 11.73% |
| 2010-09-30 | 19.16% |
| 2010-06-30 | 17.34% |
| 2010-03-31 | 14.11% |
| 2009-12-31 | 17.92% |
| 2009-09-30 | 15.99% |
| 2009-06-30 | 15.88% |
| 2009-03-31 | 18.06% |
| 2008-12-31 | 81.31% |
| 2008-09-30 | -14.89% |
| 2008-06-30 | 15.52% |
| 2008-03-31 | 28.87% |
| 2007-12-31 | 19.78% |
| 2007-09-30 | 17.59% |
| 2007-06-30 | 20.27% |
| 2007-03-31 | 15.54% |
| 2006-12-31 | 15.72% |
| 2006-09-30 | 18.36% |
| 2006-06-30 | 18.95% |
| 2006-03-31 | 21.65% |
| 2005-12-31 | 1.67% |
| 2005-06-30 | 21.51% |
| 2005-03-31 | 22.38% |
| 2004-12-31 | -11.20% |
| 2004-09-30 | 94.20% |
| 2004-06-30 | 23.37% |
| 2004-03-31 | 21.52% |
| 2003-12-31 | 13.74% |
| 2003-09-30 | 15.87% |
| 2003-06-30 | 19.22% |
| 2003-03-31 | 17.48% |
